Reserve Bank of India
Explained - RBI cuts repo rate by 25 bps: What Shaktikanta Das announced and what it means for you
Thu, Feb 07, 2019
RBI Monetary Policy Committee meeting: A rate cut of 25 basis points was announced in the Reserve Bank of India monetary policy committee's (MPC) three-day meeting that ended on Tuesday, under the new Governor Shaktikanta Das. RBI also changed its stance to 'neutral'.
More >
RBI Monetary Policy Review 2019: Governor Shaktikanta Das promises enough liquidity to all sectors after surprise rate cut
Thu, Feb 07, 2019
RBI Credit Policy: Reserve Bank of India's monetary policy committee led by Governor Shaktikanta Das today surprised everyone with a cut in the repo rate.
More >
RBI Monetary Policy: Will Shaktikanta Das cut rates in his first review meeting?
Tue, Feb 05, 2019
The reserve bank is not expected to cut on interest rates due to rising crude prices and fiscal issues. Sr. Research Analyst Avinash Gorakssakar told Zee Business Online, ''The result of MPC meeting will be 50-50 on the revision of rates. For any changes to rates, the RBI will wait for full budget to be presented.''
More >
RBI Monetary Policy Meeting: Home Loan, Car Loan, Personal Loan to become cheaper after Budget Bonanza? What experts say
Sun, Feb 03, 2019
RBI Monetary Policy Committee Meeting February 2019: After big ticket income tax rebates announced by Finance Minister Piyush Goyal in Budget 2019 speech, it has been speculated in some quarters that the RBI may also announce Repo rate
More >
RBI's BFS to meet on Jan 31st to decide fate of banks under PCA
Fri, Jan 25, 2019
Government wants PSU Banks to come out of PCA because of two main reasons; Firstly, more banks will be able to lend to industry which will help in creating more economic activity, and Secondly, once the smaller banks under PCA are stabilized, it will help the government to implement initial idea of merger of smaller PSU banks to create few big banks.
More >
NPA recognition likely to get prolonged till FY20, may spike by Rs 5.24 tln in FY20: Report
Fri, Jan 18, 2019
The RBI had last month come out with the guidelines stipulating that from April 2019, minimum 40 percent of fund- based limits of a borrower is required to be structured in the form of a 'loan component' with a fixed maturity.
More >
RBI might slightly cut interest rate, says Kaushik Basu
Tue, Jan 15, 2019
"NPAs have made the banks cautious. But, India can do with slightly lower rate of interest," Basu said at an interactive session organised by the Indian Chamber of Commerce in Kolkata. The central bank should be left alone with complete autonomy, he added.
More >
Bank Credit Card, Debit card payment practice to change: Details of this new development to make transactions safe here
Sat, Jan 12, 2019
Tokenization of Credit Card, Debit Card:The Reserve Bank Of India is all set to allay your fears by introducing the "tokenization" system which will allow users to create an alternate 16-digit unique code
More >
RBI slaps Rs 3-cr penalty on Citibank India for not complying with directions
Fri, Jan 11, 2019
The RBI in a statement, however, added that the action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.
More >
After Aadhaar card, this is what Nandan Nilekani is set to do for you
Wed, Jan 09, 2019
The Reserve Bank of India Tuesday constituted a high-level committee under Aadhaar card architect Nandan Nilekani to suggest measures to strengthen the safety and security of digital payments in the country.
More >
RBI likely to give Rs 300-400 billion interim dividend
Mon, Jan 07, 2019
Prime Minister Narendra Modi`s government has been pushing the RBI for more money ahead of what is expected to be a tight national election due by May. As a row flared over fears that the central bank`s independence was being eroded, RBI governor Urjit Patel abruptly quit last month, and was replaced by former finance ministry official Shaktikanta Das.
More >
