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Economy gathers steam but pvt investments missing: RBI
Updated : 6 days, 22 hours ago IST
Mumbai (Maharashtra) [India], Mar 1 (ANI): Economic activity is gaining steam in India as Covid-19 incidences recede but private investments are missing in action, according to the Reserve Bank of India (RBI).
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Inflation target of 2 to 6 pc appropriate for next 5 years: RBI re
Updated : 1 week, 2 days ago IST
Mumbai (Maharashtra) [India], Feb 26 (ANI): The present inflation target of 2 to 6 per cent is appropriate for the next five years to ensure price stability, the Reserve Bank of India (RBI) said on Friday.
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MSME sector emerges as growth engine of economy, says RBI Governor
Updated : 1 week, 4 days ago IST
New Delhi [India], February 25 (ANI): The Micro, Small and Medium Enterprises (MSME) sector has emerged as the growth engine of the economy and is showing signs of revival after the Covid-led degrowth in early part of the current financial year (2020-21), Reserve Bank of India (RBI) Gover
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RBI puts Rs 1,000 withdrawal cap on Deccan Urban Cooperative Bank
Updated : 2 weeks, 2 days ago IST
Mumbai (Maharashtra) [India], February 20 (ANI): The Reserve Bank of India (RBI) has imposed a withdrawal cap of Rs 1,000 on customers of Deccan Urban Cooperative Bank and barred the Karnataka-based lender from granting fresh loans or accepting deposits.
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RBI reviews current economic situation, areas of its operations
Updated : 2 weeks, 5 days ago IST
New Delhi [India], February 16 (ANI): The Central Board of Directors of Reserve Bank of India (RBI) in a meeting on Tuesday reviewed the current economic situation, global and domestic challenges and various areas of operations of the apex bank.
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RBI announces Rs 10,000 cr special OMOs on Feb 25
Updated : 3 weeks ago IST
Mumbai (Maharashtra) [India], February 15 (ANI): The Reserve Bank of India (RBI) said on Monday that it will conduct simultaneous sale and purchase of government bonds under special open market operations (OMOs) on February 25.
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RBI to buy bonds worth Rs 20,000 crore via OMOs on Feb 10
Updated : 3 weeks, 6 days ago IST
Mumbai (Maharashtra) [India], February 8 (ANI): The Reserve Bank of India (RBI) said on Monday it plans to buy bonds worth Rs 20,000 crore through open market operations (OMOs) to support the government's borrowing programme.
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India's risk-based internal audit requirement for NBFCs is credit
Updated : 4 weeks ago IST
Singapore, February 8 (ANI): The Reserve Bank of India (RBI) guidelines for non-banking finance companies (NBFCs) to implement a risk-based internal audit framework in line with banks is credit positive, Moody's Investors Service said on Monday.
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Equity in green amid volatile session, SBI up 11 pc
Updated : 1 month ago IST
Mumbai (Maharashtra) [India], February 5 (ANI): Equity benchmark indices closed higher on Friday but off the record levels of early session as the Reserve Bank of India (RBI) kept key interest rates unchanged and maintained accommodative stance.
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RBI awaiting formal proposal on 'bad bank' from govt
Updated : 1 month ago IST
Mumbai (Maharashtra) [India], February 5 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday that the central bank is awaiting a formal proposal on the proposed bad bank.
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RBI keeps repo rate unchanged at 4 pc, pegs GDP growth at 10.5 pc
Updated : 1 month ago IST
Mumbai (Maharashtra) [India], February 5 (ANI): The Reserve Bank of India (RBI) on Friday kept the repo rate and reverse repo rate unchanged at 4 per cent and 3.35 per cent respectively while continuing the accommodative stance.
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RBI keeps repo rate unchanged at 4 pc
Updated : 1 month ago IST
Mumbai (Maharashtra) [India], February 5 (ANI): The Reserve Bank of India's (RBI) Monetary Policy Committee has voted unanimously to keep the policy repo rate unchanged at 4 per cent, said RBI Governor Shaktikanta Das on Friday.
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