RBI

RBI to review liquidity coverage ratio norms for banks
Business

RBI to review liquidity coverage ratio norms for banks

 The RBI has decided to undertake a comprehensive review of the liquidity coverage ratio (LCR) framework for banks to prevent…
RBI directs banks to step up hassle-free loans to Self Help Groups
Business

RBI directs banks to step up hassle-free loans to Self Help Groups

The RBI on Monday directed all banks to provide adequate incentives to their branches in financing the Self Help Groups…
RBI to shut Rs 2000 banknote exchange facility for a day on April 1
Business

RBI to shut Rs 2000 banknote exchange facility for a day on April 1

The RBI announced on Thursday that the facility for exchange and deposit of Rs 2000 banknotes will not be available…
RBI meeting reviews economic outlook amid global challenges
Business

RBI meeting reviews economic outlook amid global challenges

The RBI’s Central Board of Directors at a meeting held in Nagpur on Friday reviewed the global and domestic economic…
India’s forex reserves scale two-year high of $636.1 billion
Business

India’s forex reserves scale two-year high of $636.1 billion

India’s foreign exchange reserves surged by a whopping $10.47 billion to scale a two-year high of $636.1 billion for the…
RBI issues new order on credit cards to give customers more choice
Business

RBI issues new order on credit cards to give customers more choice

The RBI on Wednesday issued a directive barring credit card issuers (banks and non-banks) from entering into any arrangement or…
RBI economists reject IMF view that India’s debt-GDP ratio may shoot up
Business

RBI economists reject IMF view that India’s debt-GDP ratio may shoot up

RBI economists, in a report released on Tuesday, rejected the IMF view that India’s debt-GDP ratio has the potential of…
Curbs on Paytm Payments Bank proportionate to gravity of situation: RBI
Business

Curbs on Paytm Payments Bank proportionate to gravity of situation: RBI

Senior RBI officials on Thursday said that barring Paytm Payments Banks from accepting deposits was part of “a supervisory action…
RBI plans new framework for authentication of digital transactions
Technology

RBI plans new framework for authentication of digital transactions

The RBI on Thursday said that it has decided to come out with a new framework for authentication of digital…
RBI retains repo rate at 6.5%
Business

RBI retains repo rate at 6.5%

The RBI on Thursday left the repo rate unchanged at 6.5% for the sixth consecutive time as part of its…
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