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Reserve Bank Of India News

PAGE 26

RBI likely to retain benchmark interest rate on Friday: Experts

The RBI had kept key interest rates unchanged after the last the MPC meeting held in April.

Updated on May 30, 2021, 2:02 PM IST

RBI slaps ₹10 crore fine on HDFC Bank over irregularities in auto loan book

HDFC faces a <span class='webrupee'>₹</span>10 crore fine imposed by the RBI

Published on May 28, 2021, 8:25 PM IST

RBI flags risk to growth, calls for fiscal steps

The RBI pointed out that India needs to mitigate supply-side driven inflation.

Published on May 28, 2021, 6:42 AM IST

Keep strengthening balance sheets, Das tells private banks

RBI governor Shaktikanta Das' call on balance sheets comes amid the second wave of the covid-19 pandemic, which has presented another round of asset quality concerns for banks.

Published on May 25, 2021, 11:43 PM IST

Second tranche of sovereign gold bond scheme opens for subscription from today

The minimum permissible investment in the scheme is 1 gram of gold.

Published on May 24, 2021, 7:16 AM IST

Supreme Court to hear PIL over financial stress to borrowers due to Covid-19

The plea has stated that the borrowers are stressed due to the pandemic and lockdown-like situation and asked for directions to the Centre.

Published on May 24, 2021, 7:07 AM IST

RBI okays ₹99,122 crore dividend for Centre

RBI recently switched to an April-March fiscal from July-to-June, and the payment this time around is for a nine-month period.

Published on May 22, 2021, 7:26 AM IST

RBI transfers ₹991.22 crore to government

The RBI will move to an April to March accounting year from this financial year but was following a July to June year previously.

Published on May 21, 2021, 2:28 PM IST

G-SAP: Second tranche of bond buying worth ₹35,000 crore today

The first such auction of <span class='webrupee'>₹</span>25,000 crore was held on April 15.

Published on May 20, 2021, 7:11 AM IST

NEFT to remain unavailable for 14 hours on Sunday due to technical upgrade

National Electronic Funds Transfer (NEFT) system for online transfer of funds will remain unavailable for 14 hours on Sunday, said RBI.

Published on May 17, 2021, 2:21 PM IST

First tranche of sovereign gold bond scheme opens for subscription today

Price of bond is fixed in Indian rupees on the basis of simple average of closing price of gold of 999 purity.

Published on May 17, 2021, 7:19 AM IST

RBI cancels licence of West Bengal-based United Cooperative Bank

Reserve Bank of India

Published on May 13, 2021, 9:53 PM IST

RBI relief to small borrowers, loans to vaccine makers

Governor Shaktikanta Das said the RBI will make available an on-tap liquidity window of Rs.50,000 crore

Published on May 5, 2021, 11:55 PM IST

RBI announces moratorium on loans, fresh lending to vaccine makers, hospitals

RBI Governor Shaktikanta Das addressed a conference on Wednesday

Published on May 5, 2021, 1:58 PM IST

RBI Governor Shaktikanta Das to make unscheduled speech today at 10am

RBI Governor Shaktikanta Das will address a press conference at 10am on Wednesday.

Published on May 5, 2021, 7:58 AM IST

GST collections in April at record ₹1.41 lakh crore

The steady growth in GST revenues for the last seven months clearly indicates a sustained economic recovery during this period. (AP)

Updated on May 2, 2021, 4:38 AM IST

Regulator caps terms for MDs, CEOs at private banks

The norms have been made tougher as part of RBI’s attempts to strengthen the governance structure in private sector banks.

Updated on Apr 27, 2021, 5:51 AM IST

RBI limits AmEx, Diners Club from taking new customers from May 1

RBI said that all the Payment System Providers were directed to ensure the storage of the entire data relating to payment systems operated by them in a system operated only in the country.

Updated on Apr 23, 2021, 9:09 PM IST

SBI clarifies on excessive charges on transactions in zero-balance accounts

SBI has stopped recovering charges in such accounts on all digital transactions w.e.f. 15.09.2020, while retaining charges on cash withdrawals over and above four free withdrawals allowed per month.

Updated on Apr 15, 2021, 6:51 PM IST

RBI to make first purchase of bonds worths Rs25,000 crore under G-SAP 1.0 today

RBI last Wednesday announced that it is putting in place a secondary market government securities acquisition programme.

Published on Apr 15, 2021, 8:48 AM IST

News updates from HT: RTGS service will be unavailable for 14 hrs on April 18

The Reserve Bank of India announced on Monday that the Real-Time Gross Settlement service will not be available for 14 hours on April 18 (Sunday) due to a technical upgrade.

Published on Apr 12, 2021, 4:49 PM IST

RTGS services won’t be available for 14 hours on April 18: RBI

RBI also asked the member banks to notify the customers, asking them to plan their transactions accordingly.

Published on Apr 12, 2021, 4:07 PM IST

With RBI keeping interest rates on hold, quantitative easing to unfold: Fitch

The RBI held its policy repo rate at 4 per cent at its monetary policy meeting on April 7.

Updated on Apr 10, 2021, 1:31 PM IST

Moratorium likely to cost banks ₹ 7k crore

Last month, the Supreme Court ordered that no compound interest can be charged from borrowers for the entire six-month loan moratorium.

Published on Apr 10, 2021, 4:52 AM IST

Survey shows a dip in consumer confidence

The consumer confidence index fell to 53.1 in March 2021 from 55.5 in January 2021, the RBI survey released on Wednesday showed.

Published on Apr 8, 2021, 7:45 AM IST

RBI to infuse ₹1 lakh crore in Q1 to cap bond yields

The delay in implementation by some stakeholders has given rise to a situation of possible large-scale consumer inconvenience and default, the RBI said.

Published on Apr 8, 2021, 7:36 AM IST

Realtors welcome RBI policy, urge apex bank to boost liquidity in housing sector

Published on Apr 7, 2021, 10:30 PM IST

RBI doubles payments bank balance limit to ₹2 lakh

The Reserve Bank of India (RBI)

Updated on Apr 7, 2021, 12:12 PM IST

Local lockdowns, inflation, GDP growth: What RBI governor Shaktikanta Das said

RBI Governor Shaktikanta Das.

Updated on Apr 7, 2021, 12:18 PM IST

Centre sticks with inflation goal for 5 yrs

The six-member monetary policy committee, headed by the RBI governor, decides on the monetary policy based on the inflation target.

Published on Apr 1, 2021, 7:17 AM IST

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