Reserve Bank India
Reserve Bank India News
Reserve Bank proposes 24x7 NEFT money transfer
It said the RBI would examine the need to consider uninterrupted and round-the-clock availability of various payment systems, gradual enhancement of limits, including differential day-night, holiday limits for transactions, subject to risk management and liquidity management.
RBI to soon issue new 'greenish yellow' coloured Rs 20 note
New 20 Rupee Note: As of today, the RBI has already introduced new Rs 10, Rs 50, Rs 200, Rs 500, Rs 2,000 banknotes.
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Strong FPI inflows, $5 billion liquidity boost push forex reserves to 10-month high
The previous high was Rs 30,906 crore in March 2017. After taking into account the Rs 13,000 crore investment in the debt market, the total FPI inflow for March so far works out to Rs 43,450 crore.
Another three govt banks to be out of PCA soon
The Centre Wednesday announced equity infusion of Rs 48,239 crore in 12 public sector banks in this fiscal to help them maintain regulatory capital requirements and to provide growth capital to better performing banks.
RBI MPC minutes reveal differences on inflation outlook
The MPC, in its first meeting after Shaktikanta Das took over as the RBI Governor, unanimously agreed to move the policy stance to ‘neutral’ from ‘calibrated tightening’.
Government to inject Rs 48,239 crore in 12 public sector banks in FY19
Equity is also being infused in some banks to ensure that they do not breach thresholds set up in Prompt Corrective Action framework of the Reserve Bank of India.
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No decision taken on printing of Rs 2,000 note: Govt official clarifies
A report had claimed that the printing of Rs 2,000 note would be "slowed down" in the near future, as the high currency value note was meant for meeting the remonetisation need.
A good step back
RBI and government must resist temptation to portray boardroom developments as victory or climbdown.
RBI set to inject Rs 40,000 crore into the system in December
When the IL&FS issue rocked the financial sector in August this year, the non-banking financial sector was also hit with the system facing a liquidity shortage of over Rs 1 lakh crore.
RBI eases external commercial borrowing hedging provisions
In recent months, the cost of borrowings in markets abroad has gone up, partly because of the spike in interest rates in the US and also because the spreads have widened, especially for companies in the emerging markets.
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