Reserve Bank Of India

Result: 1- 8 out of 1894 Article found

Inflation risk led to rate hike: Reserve Bank MPC minutes

In the last MPC meeting held on August 1, five out of the six members voted for a 25 basis points increase in the Repo rate to 6.50 per cent and for retaining the Reserve Bank of India’s neutral policy stance amid various uncertainties on the growth and inflation fronts.

Promoters’ stake dilution: RBI rejects Kotak Mahindra proposal

The RBI’s contention is that preference shares do not count towards the equity share capital. Many analysts had questioned the Kotak Mahindra Bank move, saying that the move is not in line with the spirit of the RBI’s guidelines on cutting promoter stake in the bank.

RBI transfers Rs 50,000 crore surplus to govt, 63 per cent higher than last year

After the RBI cut the surplus last year, the government had earlier this year sought an additional Rs 13,000 crore dividend

Kolkata Chit fund scam: Five held for duping investors across country of ‘crores’

Stressed assets: ‘MSMEs worse-placed than power projects’

On February 12 this year, the RBI had issued a ‘Revised Framework for Resolution of Stressed Assets’ that stipulates that default of even a single day in payment of interest or principal amount would trigger a formulation of resolution plan by the committee of creditors.

gurumurthy rbi appointment, swaminathan gurumurthy, swaminathan gurumurthy rbi, reserve bank of india, gurumurthy rbi, swadeshi jagran manch

Accepted RBI directorship in public interest: Swaminathan Gurumurthy

The Appointments Committee of the Cabinet has approved his appointment as non-official director on the central board of the RBI for a period of four years, an order issued by the Personnel Ministry said.

Government nominates Swaminathan Gurumurthy to RBI Central Board

The name of Gurumurthy, who had termed the demonetisation exercise a “success” and an “investment”, was approved by Prime Minister Narendra Modi-led Appointments Committee of the Cabinet on Tuesday.

Simply Put: Why a currency war is a worry

Trade skirmishes raise fears of a global currency war. A look at how it can affect India and other economies.

Sensex rises nearly 100 points ahead of RBI policy meet, rupee rises 4 paise against US dollar

Stock-specific rally: Look at individual firms, their financials before investing, say experts

The BSE mid-cap and small-cap indices have plummeted nearly 9 per cent and about 13 per cent respectively in the same period.

RBI governor Urijit Patel

Job of economists is not to predict crises: Urjit Patel

He said economists play a vital role in shaping public perceptions and discourses and in designing strategic policies in the corporate sector, central banks, governments and multilateral institutions, but ironically all these go very often unsung.

RBI governor Urijit Patel

The RBI’s challenge: Protect the falling rupee or ensure the economy has enough cash

The Reserve Bank of India needs to pick one battle at the expense of the other, while also acknowledging that either choice leaves apart of economy vulnerable.

Customer complaints against banks in Gujarat rise by 93%

Customer complaints against banks in Gujarat rise by 93%

While the figures for 2017-18 are yet to be made public, RBI officials said the total number of complaints handled by the Banking Ombudsman at an all-India level is expected to rise by over 25 percent, compared to the previous year.

Stressed power assets: Is relief possible, Allahabad High Court asks Reserve Bank

While the RBI counsel could not give any commitment straightaway, the court told him to file a response by August 9, when it next hears the case.

To simplify process, 1 in 4 items has seen GST rate cut but revenue worries mount

The rate cuts on over 350 items out of total 1,211 items in the five broad categories of zero, 5 per cent, 12 per cent, 18 per cent and 28 per cent under GST are estimated to result in a revenue loss of about Rs 70,000 crore this year.

Reserve Bank of India to review Monetary Policy today

Second time in two months, RBI increases interest rate, cautions on fiscal front

The rate hike in June was the first time the benchmark lending rate was raised in over four years. This is now the first time since October 2013 that the central bank has raised the repo rate at two consecutive policy meetings.

Kolkata Chit fund scam: Five held for duping investors across country of ‘crores’

Banks may review deposit, lending rates in near future

Bank of Maharashtra’s Executive Director A C Rout said, “many banks have already started increasing their lending as well as deposits rates and Bank of Maharashtra may review its rates in near future.”