Reserve Bank of India
RBI extends implementation of card tokenisation norms by 3 months; deadline extended till 30 September
Fri, Jun 24, 2022
RBI on Friday announced extension of its tokenisation norms from an earlier June 30, 2022 deadline by three more months to September 30, 2022. The step was taken after consultation with the stakeholders and to avoid disruption and inconvenience to cardholders
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RBI's card tokenisation system to be applicable from July 1, 2022. Know all about RBI's new rule for credit and debit card transactions
Wed, Jun 22, 2022
Reserve Bank of India's new card tokenisation system is all set to be applicable from July 1, 2022. Card Tokenisation System will be applicable on credit and debit cards both. This new system is going to change the way online transactions happen in India. Here is all you need to know.
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fixed deposit rate increased by many commercial banks after reserve bank of india increase repo rate
Wed, Jun 15, 2022
many commercial bank increased fixed deposit rate for their customers after reserve bank of india increase repo rate recently. in this video here you know how much increase their fd rates
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RBI MPC: No material impact on housing sector, despite repo rate hike as affordability still high: Experts
Thu, Jun 09, 2022
RBI MPC: While the RBI has increased the repo rate by 50 bps to 4.9% that will make home loans dearer, the move may not have a material impact on the real estate sector, experts opined. The reason behind this optimism is the affordability factor which still remains high, they say
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RBI MPC: Central Bank doubles individual housing loan cap for cooperative lenders; allows rural cooperative to lend for residential housing projects
Wed, Jun 08, 2022
Reserve Bank on Wednesday doubled the maximum loan amount that a cooperative bank can lend to an individual to up to Rs 1.40 crore in view of the surge in housing prices
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RBI imposes Rs 49 lakh penalty on Bassein Catholic Co-op Bank, Vasai
Mon, Jun 06, 2022
According to the statement, in non-compliance with IRAC norms, the bank in certain instances had upgraded/regularised loan accounts of borrowers without recovering overdue amounts and had not classified existing non-performing loan accounts of borrowers as NPAs on restructuring
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RBI Monetary Policy: Expects repo rate to rise to 5.75% by end of this fiscal, says Axis Bank
Thu, Jun 02, 2022
With inflation remaining at elevated levels, Reserve Bank of India (RBI) may gradually increase the benchmark lending rate to about 5.75 per cent by the end of this fiscal, Axis Bank chief economist Saugata Bhattacharya said on Thursday
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Structural reforms essential for sustained, balanced, inclusive growth, RBI says in annual report
Fri, May 27, 2022
The Reserve Bank of India has made a strong case for structural reforms arguing that the future path of growth would be conditioned by addressing supply-side bottlenecks, calibrating monetary policy to bring down inflation and boosting capital spending.
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Barclays estimates a 50 basis points hike by RBI in June Monetary Policy; likely to lower FY23 growth to 7%
Thu, May 26, 2022
RBI MPC: The Reserve Bank will opt for a larger, 0.50 per cent, hike in key rates at its next monetary policy review in June to protect medium term economic stability in face of the uncomfortable inflation situation, British brokerage firm Barclays said on Thursday
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Russia-Ukraine war induces inflationary impact in April, finds SBI study; RBI may hike rates by 75 bps by August, say economists
Mon, May 16, 2022
At least 59 percent of the accelerated inflation is due to the impact of the geopolitical situation sparked by Russia's invasion of Ukraine, according to the finding given by State Bank of India (SBI).
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LIC Housing Finance hikes interest rates on home loans, Watch this video for more details
Sat, May 14, 2022
To keep inflation under control, the Reserve Bank (RBI) had recently increased the repo rate, after which the effect of increasing the repo rate is also visible on the interest rate of banks and housing finance. LIC Housing Finance has increased the rates on home loans from May 13.
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RBI restricts withdrawals from Shankarrao Pujari Nutan Nagari Sahakari Bank, Kolhapur
Fri, May 13, 2022
RBI on Friday imposed several restrictions on Shankarrao Pujari Nutan Nagari Sahakari Bank Limited, Ichalkaranji, Kolhapur, including on withdrawals, in view of the lender's worsening financial position
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