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NEWS
Government approves one-year extension to RBI Deputy Governor Rabi Sankar
Thu, Apr 25, 2024     Source : Business Standard
The Appointments Committee of the Cabinet has approved the re-appointment of T Rabi Sankar, Deputy Governor Reserve Bank of India, for a period of one year with effect from May 3, 2024, they said
NEWS
PayU gets RBI's in-principle approval to operate as payment aggregator
Wed, Apr 24, 2024     Source : Business Standard
The company said it can start onboarding new merchants on its platform with the in-principle approval
NEWS
Inflation sustainably moving towards RBI target enough for a rate cut: Ashima Goyal
Mon, Apr 22, 2024     Source : Economic Times
Consumer price index (CPI) inflation does not have to touch the Reserve Bank of India's 4% target, but sustainably move towards that mark for interest rates to be lowered, Ashima Goyal, external member of ...
NEWS
Track fishy transactions, RBI tells payment firms
Mon, Apr 22, 2024     Source : Economic Times
The Reserve Bank of India has directed all regulated payment companies to track highvalue or suspicious transactions during the course of general elections, according to multiple senior executives in the k...
NEWS
Regulated entities bound by terms of loan share as 'key facts statement': RBI
Tue, Apr 16, 2024     Source : Economic Times
The Reserve Bank of India (RBI) said on Monday that regulated entities will be bound by the terms of the loan indicated in the Key Fact Statement (KFS) if the borrower agrees to them.
NEWS
Another bank in crisis: RBI stops customers from withdrawing money
Fri, Apr 12, 2024     Source : Economic Times
Customers of Shirpur Merchants' Co-operative Bank in Maharashtra cannot withdraw money from their accounts now after the latest direction of the Reserve Bank of India (RBI).
NEWS
Bandhan Bank effect: RBI declines Annapurna Finance’s universal bank request
Fri, Apr 12, 2024     Source : Business Line
The regulator offered Annapurna Finance the option to become a small finance bank, which the company has reportedly declined
NEWS
Sensex, Nifty end flat as RBI holds rates; realty stocks jump
Sat, Apr 06, 2024     Source : Economic Times
Indian shares ended flat on Friday, recovering from earlier losses as banks and real estate stocks received a boost from the country's central bank standing pat on rates, while IT stocks dropped amid uncer...
NEWS
Even at all time high of $645.6 billion, RBI to continue to accumulate reserves
Sat, Apr 06, 2024     Source : Economic Times
The central bank will continue to accumulate foreign exchange reserves even though it is at an all-time high as it looks to strengthen its position to counter volatility due to spillovers.
NEWS
RBI retains 7% GDP growth forecast for FY25: RBI Governor Shaktikanta Das
Sat, Apr 06, 2024     Source : Business Line
Rural demand gathering pace, sustained growth in manufacturing sector should boost private investment, says RBI Governor Shaktikanta Das
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