India’s forex reserves extend decline, stand at 10% below peak
India’s foreign exchange reserves continue to decline, extending its downhill journey for three months now. In the week that ended
Continue reading
Tag: RBI
RBI approves HDFC Bank group to acquire up to 9.50% share in Kotak Mahindra Bank, AU SFB and Capital SFB
RBI has given its approval to HDFC Bank group to acquire “aggregate holding” of up to 9.50 per cent of
Continue reading
RBI lifts lending restrictions on Arohan Financial Services due to fair loan pricing, ensuring compliance with regulations
The Reserve Bank of India (RBI) has lifted the lending restrictions placed on Arohan Financial Services with immediate effect after
Continue reading
RBI reports 98.12% return of ₹2000 banknotes in circulation by December 31, 2024, remaining notes still legal tender
The Reserve Bank of India (RBI) on Wednesday said 98.12 per cent of the ₹2,000 banknotes in circulation as on
Continue reading
RBI lays down broad principles for lenders relating to their participation in Government Debt Relief Scheme
The Reserve Bank of India (RBI) has laid down certain broad principles for lenders relating to their participation in Government
Continue reading
Real time gross settlement, electronic funds transfer: Banks to introduce beneficiary bank account name look-up facility
The Reserve Bank of India (RBI) has asked banks, which are direct members or sub-members of the Real Time Gross
Continue reading
Private bank write-offs emerging as area of concerns: FSR
The sharp rise in write-offs, especially by private sector banks, could be partly masking worsening asset quality and dilution in
Continue reading
Rupee set to extend recovery on RBI-motivated dollar-long liquidation
The Indian rupee is poised to rise on Monday, building on the momentum from the previous session in which the
Continue reading
A year since risk weight hikes, lenders still cautious on unsecured credit growth
Over a year since the Reserve Bank of India (RBI) hiked risk weights on unsecured credit segments such as credit
Continue reading
RBI approves PPI holders to make UPI payments via third-party apps
The Reserve Bank of India (RBI) today approved prepaid payment instruments (PPI) users to make and receive UPI payments through
Continue reading