RBI

India’s economy is withstanding global risks, RBI’s Governor Shaktikanta Das says

The central banker’s optimistic outlook on India’s growth comes at a time when the country is showing a weakening in urban spending.

14 November 2024, 10:38 IST

India’s economy is withstanding global risks, RBI’s Governor Shaktikanta Das says

14 November 2024, 10:38 IST

RBI should cut rates, look through food prices: Piyush Goyal

Goyal clarified these were his personal views and not that of the government but also pointed to a similar suggestion by the chief economic adviser in his Economic Survey earlier in the year.

14 November 2024, 09:17 IST

RBI should cut rates, look through food prices: Piyush Goyal

14 November 2024, 09:17 IST

Markets fall on fading hopes of December rate cut by RBI

The Sensex fell 984 points or 1.25 per cent, its second straight day of losses. Meanwhile, registering its fifth day of decline, the Nifty tumbled 324.40 points or 1.36 per cent to 23,559.05, the lowest since June.

13 November 2024, 21:08 IST

Markets fall on fading hopes of December rate cut by RBI

13 November 2024, 21:08 IST

RBI cancels licence of Vijayawada-based Durga Co-op Urban Bank

On liquidation, every depositor would be entitled to receive a deposit insurance claim amount of his/her deposits up to a monetary ceiling of Rs 5 lakh from Deposit Insurance and Credit Guarantee Corporation (DICGC).

12 November 2024, 14:13 IST

RBI cancels licence of Vijayawada-based Durga Co-op Urban Bank

12 November 2024, 14:13 IST

Retail inflation rises to 6.21% in Oct amid higher food prices

The consumer price index-based inflation was 4.87 per cent in October 2023.

12 November 2024, 10:54 IST

Retail inflation rises to 6.21% in Oct amid higher food prices

12 November 2024, 10:54 IST

RBI issues framework for reclassification of FPI to FDI

As per the framework, the FPI concerned will have to take necessary approvals from the government and concurrence of the Indian investee company concerned.

11 November 2024, 13:45 IST

RBI issues framework for reclassification of FPI to FDI

11 November 2024, 13:45 IST

RBI includes spot deals to expand forex reporting requirements

'To ensure completeness of transaction data in TR for all foreign exchange instruments, it has been decided to expand the reporting requirement to include foreign exchange spot (including value cash and value TOM) deals in a phased manner,' the RBI said.

08 November 2024, 15:10 IST

RBI includes spot deals to expand forex reporting requirements

08 November 2024, 15:10 IST

RBI sees European proposal for oversight of clearing corp as 'extra jurisdictional', official says

In October 2022, ESMA, the European Union's financial markets regulator and supervisor, withdrew recognition from six Indian central clearing houses but gave some time to European banks to continue dealing with them while it negotiated with the RBI for greater oversight.

07 November 2024, 11:57 IST

RBI sees European proposal for oversight of clearing corp as 'extra jurisdictional', official says

07 November 2024, 11:57 IST

Shadow lenders retreat as bad loans rise amid RBI crackdown

Bajaj Finance Ltd., the country’s largest shadow lender, joined rivals including Shriram Finance Ltd., Mahindra & Mahindra Financial Services Ltd., and IIFL Finance Ltd. that posted higher delinquencies on unsecured loans in their second quarter earnings reports.

05 November 2024, 11:27 IST

Shadow lenders retreat as bad loans rise amid RBI crackdown

05 November 2024, 11:27 IST

Vegetable farmers in dire straits

The RBI considered several items from both the livestock and agricultural sectors. In the livestock sector, they looked at poultry meat, dairy, and eggs, while in the agricultural sector (in particular vegetables), tomatoes, potatoes, and onions were considered.

04 November 2024, 19:35 IST

Vegetable farmers in dire straits

04 November 2024, 19:35 IST