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RBI repo rate cut coming? Market full of expectations as Narendra Modi hints focus on growth

RBI repo rate cut coming? Market full of expectations as Narendra Modi hints focus on growth

Wed, May 29, 2019

RBI repo rate cut is the need of the hour as the stage is equally set for developing the Fixed Income and Debt Derivatives market to drive growth.

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Reserve Bank of India to extend RTGS deadline to 6 PM from June 1

Reserve Bank of India to extend RTGS deadline to 6 PM from June 1

Tue, May 28, 2019

RBI has decided to extend the usage timings for 'Real Time Gross Settlement' (RTGS) system from June 1. A notification to this effect was issued on Tuesday.

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Reserve Bank of India (RBI) likely to cut repo rate in excess of 25 bps: SBI

Reserve Bank of India (RBI) likely to cut repo rate in excess of 25 bps: SBI

Tue, May 28, 2019

SBI expects gross domestic product (GDP) growth for Q4 (January-March) FY19 at 6.1 per cent. The report also says that the Gross value added (GVA) growth could be at six per cent, or slip marginally below 6 per cent at 5.9 per cent. 

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RBI scholarship scheme 2019: Only 5 days left! Check details, how to apply

RBI scholarship scheme 2019: Only 5 days left! Check details, how to apply

Mon, May 27, 2019

RBI scholarship scheme 2019: The Reserve Bank of India has invited applications as per prescribed format from full-time faculty members, teaching economics or finance

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RBI proposes norms to help large NBFCs beat cash crunch

RBI proposes norms to help large NBFCs beat cash crunch

Sat, May 25, 2019

The RBI's draft circular on the 'Liquidity Risk Management Framework for NBFCs and Core Investment Companies (CICs)' was released on Friday. 

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RBI fixes investment limit for foreign portfolio investors under voluntary retention route

RBI fixes investment limit for foreign portfolio investors under voluntary retention route

Fri, May 24, 2019

The revised VRR scheme will open for allotment from May 27. The minimum retention period would be three years.

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RBI to create specialised cadre for regulation of banks, NBFCs

RBI to create specialised cadre for regulation of banks, NBFCs

Tue, May 21, 2019

The decision to create a specialised supervisory and regulatory cadre within the RBI was taken at the meeting of the Central Board of the apex bank headed by Governor Shaktikanta Das.

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RBI's vision document on payment systems to spur digital economy: Fintech firms

RBI's vision document on payment systems to spur digital economy: Fintech firms

Sun, May 19, 2019

"We are confident with our vision as a payment system provider aligned with the regulators, we will be able to contribute in increasing the digital transactions penetrations especially in the assisted segment in smaller cities and rural Indian," he said.

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Fullerton India appoints Pavan Pal Kaushal as Chief Risk Officer

Fullerton India appoints Pavan Pal Kaushal as Chief Risk Officer

Sat, May 18, 2019

A Chartered Accountant with an MBA (Finance), Pavan has over 34 years of varied experience in Risk management.

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Future of Payments: Here's what experts say about RBI Vision 2021

Future of Payments: Here's what experts say about RBI Vision 2021

Sat, May 18, 2019

Experts and stakeholders have welcomed the Reserve Bank of India's 'Vision 2021' for 'Payment and Settlement Systems in India'.

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Aadhaar architect Nandan Nilekani-led panel on digital payments submits report to RBI

Aadhaar architect Nandan Nilekani-led panel on digital payments submits report to RBI

Fri, May 17, 2019

Reserve Bank-appointed committee led by Aadhaar architect Nandan Nilekani submitted its suggestions on promoting digital payments to Governor Shaktikanta Das Friday.

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RBI directs NBFCs with asset size of over Rs 5,000 crore to appoint CROs with fixed tenure

RBI directs NBFCs with asset size of over Rs 5,000 crore to appoint CROs with fixed tenure

Thu, May 16, 2019

RBI asked NBFCs with asset size of over Rs 5,000 crore to appoint board-approved chief risk officer (CRO) with adequate professional qualification and a fixed tenure.

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RBI order: These NBFCs will now have to appoint Chief Risk Officer (CRO)

RBI order: These NBFCs will now have to appoint Chief Risk Officer (CRO)

Thu, May 16, 2019

The Reserve Bank of India (RBI) has directed  NBFCs with asset size of over Rs 50 billion (Rs 5000 crore) to appoint a Chief Risk Officer (CRO).

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Future of Cash: What latest RBI document says about currency in circulation

Future of Cash: What latest RBI document says about currency in circulation

Thu, May 16, 2019

The Reserve Bank of India expects the currency in circulation to come significantly down in the next two years. 

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RBI's ex-Deputy Governor Gandhi joins Yes Bank board

RBI's ex-Deputy Governor Gandhi joins Yes Bank board

Wed, May 15, 2019

Gandhi joined the Board for a period of 2 years with effect from May 14, 2019 to May 13, 2021.

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Debt Market outlook: Risk vs reward game to continue as RBI focuses on liquidity dynamics

Debt Market outlook: Risk vs reward game to continue as RBI focuses on liquidity dynamics

Tue, May 14, 2019

RBI is increasingly focusing on transmission as it continues its FX swap program and OMO auctions to supply durable liquidity and improve transmission.

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Unable to maintain your monthly balance? Change your savings account to a Basic Savings Bank Deposit a/c

Unable to maintain your monthly balance? Change your savings account to a Basic Savings Bank Deposit a/c

Tue, May 14, 2019

To open the account, the bank just requires the individual's Aadhaar card, PAN card and form no 60.

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New RBI app to identify Rs 2000, Rs 500, Rs 200, other notes proposed for visually impaired

New RBI app to identify Rs 2000, Rs 500, Rs 200, other notes proposed for visually impaired

Sun, May 12, 2019

New RBI app to identify currency notes: The Reserve Bank of India proposes to come out with a mobile application to aid visually impaired persons in identifying Indian currency notes

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RBI to augment its gold reserves

RBI to augment its gold reserves

Fri, May 10, 2019

Rising trade protectionist measures along with threat of a currency shock and dovish global monetary policy might compel RBI to augment its gold reserves.

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EEPC India urges RBI to facilitate easy bank loans for MSME exporters

EEPC India urges RBI to facilitate easy bank loans for MSME exporters

Thu, May 09, 2019

The EEPC India has suggested to the RBI that the interest equalisation scheme for the exporters become horizontal in nature by covering the entire MSME sector, so that the linkage with exports goes away and does not fall foul of the WTO's norms as well.

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