Reserve Bank of India
RBI likely to cut interest rate again in June; no cut thereafter
Wed, May 08, 2019
The Reserve Bank of India (RBI) is likely to cut interest rates one more time in June before rising inflation pressures and elevated fiscal deficits leave little room for further accommodation in rest of the year, IHS Markit said Wednesday.
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New RBI guidelines for resolution of stressed assets likely before May 23
Sun, Apr 28, 2019
The Model Code of Conduct for the Lok Sabha polls is unlikely to have any bearing on the issuance of a revised framework for resolution of stressed assets by the Reserve Bank and the guidelines are expected to be announced before May 23, sources said.
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On India's data localisation demand, Facebook's Mark Zuckerberg speaks
Sat, Apr 27, 2019
India`s data localisation demands are understandable but allowing it for one nation can trigger a demand from countries which are much more authoritarian and can misuse the citizens` data, Facebook CEO Mark Zuckerberg has said.
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Rs 20 new note coming in Greenish Yellow colour with Ellora Caves as motif; check photo, features
Sat, Apr 27, 2019
New Rs 20 note: After introducing new Rs 50, Rs 100, Rs 200, Rs 500 and Rs 2000 notes in the last three years, the central bank is all set to roll out new Rs 20 note in a new colour scheme.
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Stressed assets resolution: RBI mulls giving up to 60 days additional time for repayments
Thu, Apr 25, 2019
The Reserve Bank of India (RBI) is working on revising the framework for resolution of stressed assets, including providing additional 60 days to borrowers to repay dues, as part of efforts to mitigate hardships faced by genuine businesses, sources said.
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New Rs 500 notes coming soon! These changes and updates you will get to see in future
Wed, Apr 24, 2019
The Reserve Bank of India (RBI) has announced that it will soon issue new Rs 500 currency banknotes. In a notification released on April 23, RBI said that the new Rs 500 notes will come with the signature of RBI governor Shaktikanta Das.
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