Reserve Bank of India
Modi 2.0 government hikes Indian Overseas Bank authorised capital by Rs 5,000 crore
Tue, Jul 30, 2019
The Central Government, after consultation with Reserve Bank of India, has increased the authorised capital of the Bank by Rs 5,000 crore from Rs 10,000 crore to Rs 15,000 crore through Gazette Notification.
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Mobile app for currency notes identification: Here's what RBI plans
Sun, Jul 14, 2019
Intaglio printing based identification marks for helping the visually challenged in the identification of banknotes denomination is present in the notes of Rs 100 and above. Currently, banknotes in denominations of Rs 10, 20, 50, 100, 200, 500 and 2,000 are in circulation, besides Re 1 notes which is issued by the Centre.
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Jalan Panel likely to recommend Rs 50,000 crore transfer from contingency fund
Sun, Jul 14, 2019
The Bimal Jalan panel, which is looking into the size of capital reserve that the Reserve Bank of India should hold, may recommend transfer of Rs 50,000 crore to the Centre from the contingency fund.
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Debt market outlook: RBI coming out in support of Banks, NBFC creates bullish future for bond yields, say experts
Thu, Jul 11, 2019
RBI providing of Rs 80,000 crore liquidity support to banks and Repo Rate Government Bond yield gap coming down from 1.3 per cent to around 0.8 per cent is good for debt and government borrowings.
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Viral Acharya says, capital markets play crucial role in economy; RBI putting efforts to expand investor base
Sun, Jun 30, 2019
Outgoing RBI Deputy Governor, Viral V Acharya on Saturday said that the capital markets play a crucial role in the development of country's economy and the Reserve Bank has been putting in the necessary efforts to expand the investor base.
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Taking loan from NBFCs, MFIs? You need to pay at least this interest from July 1
Sat, Jun 29, 2019
Loan seekers from non-banking financial companies (NBFCs) and microfinance institutions will have to pay at least 9.18% interest. The Reserve Bank of India (RBI) has asked these lenders to set an average base rate of 9.18 per cent.
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RBI sends warning! Says failure of large HFCs, NBFCs can cause higher losses than even banks
Fri, Jun 28, 2019
The RBI`s Financial Stability Report on Thursday warned that the failure of large housing finance companies (HFCs) and non-banking finance companies (NBFCs) can cause more and higher losses comparable to the banks, underlining the need for greater surveillance and monitoring as the need of the hour.
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Small and retail market participants get relief! Here is what RBI has issued now
Thu, Jun 27, 2019
The RBI directions seek to protect small and retail participants, such as small and medium enterprises (SMEs), ensuring that customised products are only offered to large, sophisticated, non-retail users, who are capable of managing attendant risks better.
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