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Friday, August 12, 2022

Reserve Bank of India


Explained: RBI has ordered Pune's Rupee Cooperative Bank to shut down; what happens to depositors now?

August 12, 2022 3:42 am

The Reserve Bank of India has cancelled the banking licence of Pune-based Rupee Cooperative Bank, and directed the Registrar of Cooperative Societies to liquidate it. What does it mean for its 5 lakh depositors?

Digital lending norms: Direct credit to a/c, sans third party

August 11, 2022 7:29 am

The norms follow the recommendations of a working group for digital lending, whose report was made public last November.

An orderly exit

August 08, 2022 8:49 am

Saugata Bhattacharya writes: RBI, government must act in coordination during an economically challenging period

With RBI moving to rising rate cycle, banks hike RLLR

August 07, 2022 4:08 am

Public sector lenders including Bank of Baroda (BoB), Punjab National Bank (PNB), Union Bank of India, as well as private sector ICICI Bank on Saturday raised their repo rate-linked lending rates.

RBI flags global degrowth hit on trade, EMs

August 06, 2022 5:28 am

Das said these developments pose a greater risk for emerging market economies (EMEs) as they will have to contend with both “domestic growth-inflation trade-offs and spillovers from the most synchronised tightening of monetary policy worldwide.”

Higher capacity utilisation signals investment revival

August 06, 2022 5:19 am

“Capacity utilisation in the manufacturing sector is now above its long-run average, signalling the need for fresh investment activity in additional capacity creation,” RBI Governor Shaktikanta Das said in his monetary policy statement.

With inflation expected to remain above central bank's target, RBI must continue to focus on price stability

August 06, 2022 8:39 am

With even the latest forecasts suggesting that prices will remain well above the central bank's inflation target, the MPC should continue to focus squarely on inflation management

Explained: The RBI’s latest round of rate hike, and how it will impact your loan EMIs

August 06, 2022 9:24 am

RBI Repo Rate Hiked: Inflation has peaked and is expected to soften — but there are a range of global challenges to negotiate. Monetary policy has to, therefore, act, Governor Shaktikanta Das said

RBI MPC Meeting Live Updates: Inflation has peaked and will moderate, says Shaktikanta Das

August 05, 2022 1:03 pm

RBI Monetary Policy Meeting Live Updates: The six-member Monetary Policy Committee (MPC) headed by Reserve Bank of India (RBI) Governor Shaktikanta Das hiked the repo rate by 50 bps to 5.40 per cent. In the post-policy press conference, Das said that inflation has peaked and will moderate, but it is at unacceptably high levels. Here's what the Indian central bank chief announced.

What the RBI’s Financial Stability Report reveals about the banking sector

August 05, 2022 8:44 am

Rajeswari Sengupta writes: Balance sheets have improved but banks are unlikely to fund investments in industry, infrastructure


Farmers' plight should "shake the conscience" of the banking sector : PM Narendra Modi

April 02, 2015 5:27 pm

PM Narendra Modi complimented RBI Governor Raghuram Rajan for his grasp and clarity on economic issues.


Will Ex-PepsiCo chief Indra Nooyi be the World Bank's next CEO?

June 22, 2020 6:05 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.