Tag: RBI

EPS first company to get white-label ATM licence from RBI in a decade

Business
MUMBAI: Electronic Payment and Services (EPS) has become the fifth company to receive a license to operate white-label ATMs (WLAs) in...

RBI MPC: Home loan EMIs pinching hard? Let’s see what RBI is about say

Economy
The Reserve Bank of India-led Monetary Policy Committee (MPC), headed by Governor Shaktikanta Das, is set to announce its interest rate decision on...

RBI may shift monetary stance to ‘Neutral’; rate cuts likely by December 2024: Nuvama

Economy
The Reserve Bank of India (RBI) will shift its monetary stance to 'neutral' from current 'withdrawal of accommodation' in credit policy this month,...

RBI: Banks should bring similar business under one entity

Business
MUMBAI: Banks that have a large conglomerate structure will now have to consolidate similar activities under one entity, according to RBI's...

RBI MPC gets 3 new external members

Economy
New Delhi: The government on Tuesday reconstituted the Reserve Bank's Monetary Policy Committee (MPC) by appointing economists Ram Singh, Saugata Bhattacharya and Nagesh...

WACR: WACR 18 bps higher than repo rate despite surplus liquidity

Stocks
Mumbai: The weighted average call rate, which indicates banks' overnight cost of borrowing, closed at 6.68% on Monday, 18 basis points higher than...

Easing inflation to drive private consumption, fuel growth: RBI

Economy
The household consumption is poised to grow faster in the second quarter with easing headline inflation and revival of rural demand, the RBI...
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