Tag: RBI

IDBI Bank privatisation further delayed with Concor and Hindustan Zinc

Posted on May 30, 2024 by filesadmin

Strategic disinvestment of IDBI Bank may be further delayed as RBI is yet to examine ‘fit and proper’ criterion for

RBI to expand scope of public tech credit platform

Posted on May 30, 2024 by filesadmin

The RBI is in the process of expanding the scope and coverage of the public tech platform for frictionless credit

Allow NBFCs to access UPI payments platform: FIDC urges Finmin

Posted on May 29, 2024 by filesadmin

The Finance Industry Development Council (FIDC) has suggested allowing non-banking finance companies (NBFCs) membership in the Unified Payment Interface (UPI)

Some ARCs are using innovative ways to circumvent regulations: Swaminathan J, RBI Deputy Governor

Posted on May 29, 2024 by filesadmin

Some asset reconstruction companies have been found to be using innovative ways to structure transactions to circumvent regulations, according to

Provisioning impact of draft project finance norms seen at 10-20 bps for banks

Posted on May 28, 2024 by filesadmin

Mumbai The impact of RBI’s draft project finance norms on incremental provisioning for public sector banks is estimated to be up

RBI imposes ₹1-crore penalty on ICICI Bank, fines YES Bank ₹91 lakh

Posted on May 28, 2024 by filesadmin

The Reserve Bank of India, on May 21, imposed a penalty of ₹1 crore on ICICI Bank for non-compliance with certain directions

Goldman Sachs now sees RBI’s first rate cut in Oct-Dec quarter

Posted on May 28, 2024 by filesadmin

Goldman Sachs has pushed back its RBI rate cut call by one quarter to October-December 2024 from an earlier predicted

Rupee Today: Rupee jumps 18 paise to close at 83.11 against US dollar

Posted on May 24, 2024 by filesadmin

The rupee rallied for the fourth consecutive trading session on Friday and appreciated by 18 paise to settle at 83.11

RBI’s gold holdings now exceed India’s annual demand for the precious metals

Posted on May 23, 2024 by filesadmin

The Reserve Bank of India (RBI) holds 828.6 tonnes of gold currently, which is more than the country’s average annual

RBI’s Central Board approves ₹2.11-lakh crore surplus bonanza to the Govt

Posted on May 22, 2024 by filesadmin

The Reserve Bank of India’s Central Board of Directors on Wednesday declared a bonanza to the Central Government, approving a

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