Tag: RBI

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RBI announcements on Wednesday: Banks keep an eye on new liquidity, co-lending norms

Bankers are looking forward to two important announcements from the RBI—revised liquidity management framework and final norms on co-lending arrangements between lenders—on Wednesday,...

Central banks are building a haven of bullion assets

MUMBAI: Central bank gold appetite, although not as voracious as the 1,000-tonne-a-year purchases in the past three calendar years, remains largely undiminished globally...

IndusInd panel gets extension from RBI

IndusInd panel gets extension from RBI Source link

RBI won battle against inflation, war continues, Governor Sanjay Malhotra says

The Reserve Bank of India has won the battle against inflation but the war continues as price stability remains the primary objective, Governor...

Number of employed people in India rose to 64.33 cr in FY24 from 47.5 cr in FY18

The number of employed people in the country rose to 64.33 crore in 2023-24 from 47.5 crore in 2017-18, Union Minister Shobha Karandlaje...

RBI seeks to tighten norms for digital banking

MUMBAI: In a move that could deal a setback to the cross-selling of financial products, the Reserve Bank of India (RBI) has proposed...

Raghuram Rajan says rate cuts by RBI not magic bullet to propel investments

Former RBI Governor Raghuram Rajan has said repo rate cuts by the Reserve Bank in recent times are not a "magic bullet" that...

RBI reviews ULI rollout with lenders amid slow adoption

Mumbai: The Reserve Bank of India (RBI) leadership on Wednesday met officials of banks and non-banking finance companies to discuss the way to...

RBI Governor bats for growth push as global uncertainty clouds India’s investment outlook: MPC minutes

Rising global uncertainty may delay business investment decisions, said RBI Governor Sanjay Malhotra, calling for policies that support growth, in his statement that...

Retail inflation hits six-year low of 2.82% in May

India’s retail inflation eased to a six-year low of 2.82% in May, data released by the government said on Thursday.RBI’s inflation outlookFor FY26,...

RBI may frame rules to curb mis-selling by banks: Dy guv M Rajeshwar Rao

MUMBAI: The Reserve Bank of India (RBI) has once again flagged concerns over mis-selling of financial products such as insurance, and said it...

Govt appoints RBI Deputy Governor T Rabi Sankar as 16th FinComm member

RBI Deputy Governor T Rabi Sankar has been appointed as a part-time member of the 16th Finance Commission, the finance ministry said on...

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