Search For "reserve bank of india"
India's forex reserves rise $2.73 billion after three week of fall
Updated : 10 hours, 12 min ago IST
New Delhi [India], July 2 (ANI): India's foreign exchange reserves rose by $2.734 billion to $593.323 billion during the week that ended on June 24, the Reserve Bank of India's weekly data showed.
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RBI releases the Financial Stability Report, June 2022
Updated : 1 day, 22 hours ago IST
New Delhi [India], June 30 (ANI): Reserve Bank of India (RBI) released the 25th issue of the Financial Stability Report (FSR), which reflected the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability and the resi
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Cryptocurrencies are a clear danger, need to guard against any disruption
Updated : 2 days, 3 hours ago IST
Mumbai (Maharashtra) [India], June 30 (ANI): Cryptocurrencies are a clear danger and anything that derives value based on make-believe, without any underlying, is just speculation under a sophisticated name, RBI Governor Shaktikanta Das has said in the foreword of the Financial Stability Re
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Fleet operators in expansion lane despite higher interest rates: Report
Updated : 2 days, 11 hours ago IST
New Delhi [India], June 30 (ANI): Fleet operators are likely to continue adding to their fleet size this financial year, steered by higher demand from road-freight sectors despite higher repayment burden emanating from a rise in interest rates on loans, said a rating agency CRISIL report.
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Bank deposit growth moderated year-on-year in March, says RBI
Updated : 3 days, 12 hours ago IST
New Delhi [India], June 29 (ANI): Bank deposit growth has moderated year-on-year to 10.0 per cent in March 2022 as compared with 11.9 per cent a year ago, the Reserve Bank of India data showed.
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RBI imposes Rs 10 lakh penalty on The Tiruchengode Co-operative Urban Bank
Updated : 4 days, 14 hours ago IST
New Delhi [India], June 28 (ANI): The Reserve Bank of India (RBI) has imposed a penalty of Rs 10 lakh on The Tiruchengode Co-operative Urban Bank, Tiruchengode, Tamil Nadu, for non-adherence or violation of directions issued under various guidelines including Know Your Customer (KYC) Guideli
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Rating agency ICRA sees India's policy rate hike shallower than US
Updated : 5 days, 11 hours ago IST
New Delhi [India], June 27 (ANI) Given the uneven domestic economic recovery, and a relatively larger output gap compared to pre-Covid levels, as well as higher inflation tolerance levels, rating agency ICRA expects India's policy rate hike cycle to be shallower vis-a-vis the US Fed.
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India's forex reserves dip by $5.9 billion to $590.59 billion
Updated : 1 week ago IST
Mumbai (Maharashtra) [India], June 25 (ANI): India's foreign exchange (forex) reserves slumped by $5.87 billion to $590.588 billion for the week ended June 17 as foreign portfolio investors pulled money out of the Indian equities amid mounting concerns of global recession, the Reserve Bank o
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RBI imposes monetary penalty on Indian Overseas Bank
Updated : 1 week, 1 day ago IST
Mumbai (Maharashtra) [India], June 24 (ANI): The Reserve Bank of India (RBI) said on Friday it has imposed a monetary penalty of Rs 57.50 lakh on Indian Overseas Bank for non-compliance with certain directions of the central bank.
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RBI extends card tokenisation deadline by three months
Updated : 1 week, 1 day ago IST
Mumbai (Maharashtra) [India], June 24 (ANI): The Reserve Bank of India (RBI) on Friday announced an extension of the deadline for card data storage and tokenisation implementation by another three months to September 30, 2022.
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Inflation expected to remain higher than RBI tolerance level till Dec: Sha
Updated : 1 week, 1 day ago IST
New Delhi [India], June 24 (ANI): India's headline inflation is expected to remain higher than the Reserve Bank of India (RBI) upper tolerance level of 6 per cent till December 2022, RBI Governor Shaktikanta Das has said.
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India's economic prospects challenged by Russia-Ukraine war, says RBI Depu
Updated : 1 week, 1 day ago IST
New Delhi [India], June 24 (ANI): The ongoing geopolitical developments in Ukraine have challenged India's economic prospects, thereby darkening the country's outlook and making it highly uncertain, said the Reserve Bank of India's Deputy Governor Michael Patra.
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