December 11, 2019 4:31 am
It is unclear why the government initially assured the RBI that RBI "alone" will issue electoral bonds as it could not do so under Section 31(3) of RBI Act.
December 11, 2019 8:36 pm
Kerala Bank brings the state’s co-operative banking sector together under a single roof, Chief Minister Pinarayi Vijayan said; it is envisaged as a people-owned and people-managed modern bank with a significant share of the banking sector.
December 09, 2019 7:09 am
Despite the recent gush of foreign fund flows into the equity and debt markets, the rupee has remained relatively weak against the United States dollar.
December 07, 2019 8:30 am
The retail inflation of 4.6 per cent in October was largely due to increase in food prices, which is seasonal, and more transient in nature.
December 07, 2019 8:23 am
As uncertainties surround the financial system — especially in the backdrop of failure of large institutions like IL&FS, DHFL, PMC Bank and some smaller NBFCs — banks are yet to fully pass on the rate reductions to customers.
December 06, 2019 4:06 am
While the decision to keep the repo rate at 5.15 per cent was unexpected, the MPC said it will “continue with the accommodative stance as long as it is necessary to revive growth, while ensuring that inflation remains within the target”.
December 06, 2019 1:54 am
MPC opts for status quo, citing inflation concerns. But with growth slowing sharply, it should have continued to ease
December 06, 2019 4:17 am
Capital requirement set at Rs 200 crore; Rs 100 cr for urban co-operative banks initially.
December 05, 2019 5:19 pm
The Reserve Bank of India (RBI) left its repo rate unchanged at 5.15 per cent and continued with its accommodative stance for supporting the economy. However, it reduced its GDP growth forecast for 2019-20 to 5 per cent from 6.1 per cent.
December 05, 2019 3:16 pm
PPIs are instruments to facilitate purchase of goods and services, including financial services, remittance facilities among others against the value stored on such instruments.
April 02, 2015 5:27 pm
PM Narendra Modi complimented RBI Governor Raghuram Rajan for his grasp and clarity on economic issues.
January 16, 2019 3:40 pm
Ex-PepsiCo CEO Indra Nooyi is reportedly among the frontrunners for the post of World Bank CEO. US President Donald Trump is considering multiple candidates to nominate for the post and Nooyi's name is reportedly being considered.
January 30, 2017 7:24 pm
December 21, 2016 2:59 pm
Ten most searched movies of 2019