RBI

Mumbai: RBI gave KYC rules till end of the year In view of the growing cases of Corona, RBI has exempted bank account holders in KYC (No Your Customer) rules. KYC has asked …

The Reserve Bank of India (RBI) announced on Monday that the Real-Time Gross Settlement (RTGS) service will not be available for 14 hours on April 18 (Sunday) due to a …

Mumbai: Reserve Bank on Wednesday said it expects retail inflation at 5.2 per cent in the first half of the current fiscal and revised downwards the target to 5 per …

The RBI policy and earnings season could be the next trigger for the market. Image: Reuters BSE Sensex and Nifty ended the first day of the new fiscal on a …

The regulator also carried out an examination of the correspondence with the bank regarding payment of remuneration to its employees in the form of commission to arrive at its decision. …

According to him, the occurrence of frauds, which resulted in high NPAs, has also witnessed a sharp decline as a result of steps taken by the government. By Ankur Mishra …

In the absolute terms, gross NPAs of the bank stood at Rs 32,589.08 crore as on March 31 2020, but RBI calculated gross NPAs at Rs 32678.08 crore. The Reserve …

Nonetheless, households’ financial savings rate for Q2FY21 ruled higher than that of 9.8% witnessed in Q2FY20. The household financial savings rate slid to 10.4% of gross domestic product (GDP) — …

RBI had virtually banned cryptos back in 2018. (File image) Reserve Bank of India (RBI) Governor ShaktiKanta Das on Thursday said that there is no difference of opinion between the …

“This demonstrates the need for scalability of systems and platforms in such a way that it can be easily scaled up, not ‘incremental scalability, but ‘exponential scalability’,” the governor said. …

RBI had last issued banking licence in 2014 to Kolkata-based Bandhan Bank and IDFC. The Reserve Bank of India(RBI) on Monday constituted a committee headed by former deputy governor Shyamala …

“Banks/AIFIs (all-India financial institutions)/NBFCs (non-banking financial companies) should make necessary modification to their systems and commence reporting the above information to CICs (credit information companies) within two months from the …

The bank has taken steps such as attachment of properties of defaulter borrowers and public auctions of the same, filing criminal suits against defaulter borrowers/guarantors, etc for recovery. The Reserve …

Amandeep Chopra, group president and head of fixed income, UTI AMC, The rate cycle bottomed out last year but without the central bank changing its accommodative stance. This is the …

(Image- REUTERS) The Reserve Bank of India (RBI) on Friday imposed a Rs 1,000 cap on withdrawals from all savings, current or any other accounts of Deccan Urban Cooperative Bank. …

In Friday’s Rs 26,000-crore auction, the RBI had decided to devolve Rs 6,736 crore of the 6.22% government stock 2035. The Reserve Bank of India (RBI) on Thursday partially devolved …

On Forex side, one can clearly observe that Rupee is not appreciating despite stronger inflows into equity. By Amit Pabari What to choose when someone wants to prioritize both the …

India`s central bank kept rates steady at record low levels as expected on Friday and said it would maintain support for the economy`s recovery from the pandemic by ensuring ample …

Amid speculation, both sides clarify development not linked to ECT deal. The Central Bank of Sri Lanka (CBSL) settled a $ 400 million currency swap facility from the Reserve Bank …

The experts added that this is one reason fixed deposits are popular. Retail investors can soon buy gilts, both in the primary and secondary markets, by opening accounts with Reserve …

“The cost of capital for companies is going to go up,” bankers said. Despite worries on inflation, Reserve Bank of India (RBI) on Friday opted to leave policy rates unchanged …

RBI has extended the dispensation of enhanced HTM of 22% up to March 31, 2023, to include securities acquired between April 1, 2021 and March 31, 2022. The Reserve Bank …

Asian stock markets were seen trading with gains following Wall Street gains. In overnight trade, US stocks rose over 1 per cent. Image: Reuters Share Market News Today | Sensex, …

RBI’s September 2016 circular mandated that, with effect from April 2018, banks would need to continue providing for loans sold as if they still were on the books. Lenders, backed …

The entities have to implement the RBIA framework by March 31, 2022 In order to strengthen the quality and effectiveness of the internal audit system, the Reserve Bank of India …

After the implementation of the short-term strategy, the lender expected RBI to inspect its progress. from the top and get embeddedin business strategies. The Reserve Bank of India (RBI) has …