Page 26 of RBI

RBI announces changes to KYC rules! How it will impact you

KYC is a process that involves providing proof of identity and address to open or maintain a bank account. KYC…

November 11, 2024 08:01 IST

October retail inflation likely at 14-month highs on sharp spike in food prices

Upward trajectory of core inflation, coupled with food price pressures, to delay rate cuts by the RBI, economists say

November 11, 2024 00:00 IST

TReDS: Govt reduces turnover threshold to Rs 250 cr to get more companies on invoice discounting platform

“The onboarding process on the Trade Receivables Discounting System platforms shall be completed by 31st March, 2025,” the MSME Ministry…

November 8, 2024 12:26 IST

US Fed, rate cut, interest rate, repo rate, inflation, RBI, Donald Trump, Jerome Powell, monetary easing, status quo, inflation

US Fed announces yet another rate cut by 25bps after Trump’s victory; RBI unlikely to budge

The Federal Open Market Committee (FOMC) decided to lower its policy interest rate by 25 bps continuing a shift towards…

November 8, 2024 10:31 IST

CPI inflation, inflation, RBI, rate cut, repo rate, RBI MPC, Shaktikanta Das, vegetable prices, food inflation, US Fed

Will RBI go for a rate cut this December? Economists say trouble on food inflation front can delay this further

“The timing of the rate cut cycle is tricky and we believe MPC would remain data dependent. For policy easing…

November 3, 2024 18:09 IST

Reserve Bank of India, inflation, repo rate

Across the aisle by P Chidambaram: Fasten your seat belt

The repo rate was reduced from 5.0 per cent to 4.0 per cent on March 27, 2020. It was a…

November 3, 2024 04:00 IST

Bank Holidays in November 2024: Date and state-wise list of banks scheduled to be closed this month

Below is a comprehensive overview of the bank holidays for November 2024, detailing the dates and the states where they…

Updated: November 2, 2024 09:47 IST

gold load, gold loan sbi, rbi, reserve bank of india gold loans

Increased compliance for banks under RBI’s revised master directions on fraud

While compliance with the RBI’s 2024 Fraud Risk Management Master Directions will undoubtedly increase the operational burden on banks, the…

November 1, 2024 17:23 IST

MSME bank credit under priority lending jumps to Rs 26 lakh crore in September: RBI data

The total priority credit to MSMEs in September was 15.2 per cent of India’s non-food credit of Rs 171 lakh…

November 1, 2024 13:53 IST

RBI, SEBI, Religare Enterprises, Reserve Bank of India, Securities and Exchange Board of India, Burman family

RBI rejects Rakesh Asthana’s appointment to Religare’s board

Religare’s management, led by its chairperson Rashmi Saluja, and the Burman family-controlled firms are locked in a battle to control…

October 24, 2024 19:25 IST

RBI, RBI Governor, Monetary Policy Committee, Reserve Bank of India, Inflation, MPC, Fiscal

India cannot risk another bout of inflation: RBI governor

External member Nagesh Kumar, who voted for a 25 basis point rate cut, had said it was an opportune moment…

October 24, 2024 05:30 IST

RBI, Economy, Federation of Indian Export Organisation, Economic Activity Index, FIEO

Growth outlook supported by robust domestic engines: RBI bulletin

The RBI has projected India’s economy to grow at 7.2% in FY25, but many economists expect the growth to be…

October 22, 2024 03:15 IST

Manappuram faces downgrades after RBI curbs on arm

On Thursday, the RBI imposed business restrictions on four NBFCs — Asirvad Microfinance, Arohan Financial Services, DMI Finance and Navi…

October 19, 2024 18:27 IST

RBI bars Sachin Bansal’s Navi Finserv, 3 others from sanction of loans

Besides Navi Finserv, others who have been barred by the RBI include Asirvad Micro Finance, Arohan Financial Services and DMI…

Updated: October 17, 2024 18:13 IST

RBI’s TReDS for MSMEs: FAQs on eligibility, registration, online invoice discounting process, more

In FY24, 41.6 lakh invoices amounting to Rs 1.38 crore were financed in comparison to 25.6 lakh invoices involving Rs…

October 17, 2024 15:42 IST

Now SMEs can get up to Rs 5 crore loan sanctioned instantly; check details

With the overdraft, term loan and trade facilities, the new loan facility will underwrite borrowers based on their ‘digital scorecard’.

October 17, 2024 13:27 IST

RBI Governor: India has third most vibrant startup ecosystem with 1.4 lakh startups, over $150B funding

RBI Governor: With over 1.4 lakh startups, $150B funding, India has third most vibrant startup ecosystem

Shaktikanta Das, Governor, Reserve Bank of India (RBI) on Monday hailed the growth of the Indian startup ecosystem in the…

Updated: October 14, 2024 12:11 IST

Banks have to remain alert in social media space, warns RBI Governor

In his keynote address at the conference on “Central Banking at Crossroads”, Das said that while most of the innovations…

Updated: October 14, 2024 12:25 IST

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‘India observed JF-17 during Op Sindoor’: Russian expert on reported RD-93 Pak sale

World News7 min ago

The sale of RD-93 engines to Pakistan’s JF-17 aircraft will have two benefits for India, according to Russian defence experts. This decision has caused a political dispute between Congress and BJP, with Congress questioning the government’s failure to isolate Pakistan diplomatically. However, a Russian official has denied the claim, stating that there is no confirmation of the sale.

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