RBI
RBI retains repo rate at 6.5%
Business
February 8, 2024
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…
RBI bars Paytm Payments Bank from accepting deposits after Feb 29
Business
February 1, 2024
RBI bars Paytm Payments Bank from accepting deposits after Feb 29
The RBI has barred Paytm Payments Bank Ltd (PPBL) from further deposits or credit transactions or top ups in any…
Household debt in India does not pose systemic concern: RBI
Business
January 2, 2024
Household debt in India does not pose systemic concern: RBI
Despite the recent increase in financial liabilities, household debt in India is much lower than in other emerging market economies…
2,500 fraudulent loan apps weeded out from Google Play Store: Sitharman
News
December 19, 2023
2,500 fraudulent loan apps weeded out from Google Play Store: Sitharman
Google has suspended or removed over 2,500 fraudulent loan apps from its Play Store between April 2021 and July 2022…
Consumer confidence stays stable in RBI survey across 19 major cities
Business
December 11, 2023
Consumer confidence stays stable in RBI survey across 19 major cities
Consumer confidence in the country for the current period remained stable as higher pessimism on the current general economic situation…
RBI allows NRIs to buy Sovereign Green Bonds
Business
November 10, 2023
RBI allows NRIs to buy Sovereign Green Bonds
The RBI has issued a notification allowing NRIs to invest, without any restrictions, in the Government’s Sovereign Green Bonds issued…
Total value of Rs 2,000 notes in circulation down to just Rs 0.1 lakh crore: RBI
Business
November 2, 2023
Total value of Rs 2,000 notes in circulation down to just Rs 0.1 lakh crore: RBI
The RBI said on Wednesday that the total value of Rs 2,000 banknotes in circulation has come down to Rs…
RBI fines Paytm Payments Bank for breach of norms
Business
October 13, 2023
RBI fines Paytm Payments Bank for breach of norms
The RBI has slapped a Rs 5.39 crore fine on Paytm Payments Bank for not complying RBI guidelines related to…
Banks need to deal with poor loan defaulters in sensitive, humane way: Sitharaman
News
July 24, 2023
Banks need to deal with poor loan defaulters in sensitive, humane way: Sitharaman
Union Finance Minister Nirmala Sitharaman on Monday said in Lok Sabha through an intervention that all banks whether public or…
India s current account deficit narrows to $1.3 bn in Jan-Mar 2022-23
Business
June 28, 2023
India s current account deficit narrows to $1.3 bn in Jan-Mar 2022-23
India’s current account deficit (CAD) witnessed a narrow fall to $1.3 billion in the fourth quarter (January-March) of 2022-23 According…