Tag: RBI

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

Economy
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, after the three-day monetary policy meeting, according to industry executives. Source link

Elon Musk pay reboot: Tesla approves $29bn award after court setback, board bets big to retain CEO’s focus on AI

Business
Tesla has approved a new stock award for CEO Elon Musk worth an estimated $29 billion, offering him 96 million shares as part of a fresh compensation deal aimed at keeping him at...

IndusInd panel gets extension from RBI

Business
IndusInd panel gets extension from RBI Source link

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

Economy
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

Economy
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

Economy
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

Economy
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

Economy
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

Economy
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

Economy
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

Economy
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

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

RBI may extend lending to NBFCs, MFs during crises

Economy
The Reserve Bank of India (RBI) is preparing for the possibility of directly lending to non-banking financial companies and mutual funds during periods...

Net FDI inflows sink 96% to record low

Economy
Net foreign direct investments (FDI) into India dropped 96.5% in FY25, as a red-hot IPO market provided multi-bagger exits to long-term investors in...
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