RBI
- India
Adani crisis: Banking sector resilient and stable, says RBI
Mumbai: Amid concerns over banks’ exposure to the embattled Adani Group, the Reserve Bank on Friday said India’s banking sector is resilient and stable, and the central bank maintains a constant vigil on…
- India
Hindenburg effect: RBI asks banks for exposure details of Adani Enterprises
The Reserve Bank of India (RBI) has asked for details from banks on their exposure to the Adani Group, several reports said on Thursday. The information being sought by the central bank…
- India
G20 meeting of financial architecture working group concludes
Chandigarh: A two-day meeting of the G20 International Financial Architecture Working Group concluded here on Tuesday with participants discussing issues pertaining to strengthening multilateral development banks and how to address challenges associated…
- India
RBI Governor says current account deficit eminently manageable
New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that the current account deficit is “eminently manageable” and within the parameters of viability. He also emphasised that in…
- India
Material decline in NPAs, info on wilful defaulters to be published, RBI to SC
New Delhi: The RBI has told the Supreme Court that it has accepted the recommendations of a high-level committee that list of defaulters must be published by banks on their websites, where…
- India
RBI extends deadline for locker agreements renewal till Dec 31
New Delhi: The Reserve Bank of India (RBI) on Monday extended the deadline for renewal of locker agreements between customers and banks till December 31, 2023. The extension was given by the…
- Business
RBI Deputy Governor Michael Patra reappointed for one year
Delhi: The Centre on Monday reappointed Reserve Bank of India (RBI) Deputy Governor Michael Debabrata Patra for a period of one year with effect from January 15. The decision was taken by…
- India
SC to pronounce verdict on pleas challenging Centre’s demonetisation today
New Delhi: The Supreme Court on Monday is scheduled to pronounce its verdict on a batch of petitions challenging the Union Government’s 2016 decision to demonetise the currency bills of Rs 500…
- Business
Despite headwinds, Indian financial system resilient says RBI report
Delhi: The Indian economy is confronting strong global headwinds, yet sound macroeconomic fundamentals and healthy financial and non-financial sector balance sheets are providing strength and resilience and engendering financial system stability, an…
- Business
RBI cracked the whip on ICICI, others, for flouting norms, but was ignored: RTI
Mumbai: The Reserve Bank of India (RBI) had slapped show cause notices (SCNs) and imposed penalties on the ICICI Bank and certain other banks way back in 2017, for violating various norms,…
- Business
Financial literacy poor across urban, rural population in country: RBI survey
New Delhi: A general perception is that most of the rural population is not well-versed in digital banking in India. However, in what can be termed as a revelation, according to a…
- India
Missed inflation target, digital currency pilot mark RBI’s 2022 map
Mumbai: The Reserve Bank of India failed to deliver on its contracted inflation target for the first time, started fiat digital currency pilot and finally saw its efforts to improve bank balance sheets…
- Business
HDFC revises RPLR on home loans by 35 basis points
Delhi: Days after the RBI hiked the repo rate for the fifth time in the last seven months, the Housing Development Finance Corporation Ltd (HDFC) on Monday revised its retail prime lending…
- India
Why RBI did not appear despite being served notice: Kerala HC
Kochi: The Kerala High Court recently asked why the Reserve Bank of India (RBI) did not appear before it even after being served a notice on pleas challenging the summons issued by…