Reserve Bank of India

RBI Governor red flags high dependence of NBFCs on bank loans
Business

RBI Governor red flags high dependence of NBFCs on bank loans

Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday expressed grave concern over the high “concentration” of credit that…
Unsecured lending may now see much slower growth for few months
Business

Unsecured lending may now see much slower growth for few months

With many new players entering the unsecured lending segment, specifically dependent on app-based lending, the segment may now see a…
RBI throws open silver imports to qualified jewellers in same way as gold
Business

RBI throws open silver imports to qualified jewellers in same way as gold

Reserve Bank of India (RBI) on Friday issued a notification allowing qualified jewellers to import silver through India International Bullion…
RBI should hold repo rate, reduction in rate in near future preferable: Industry
Business

RBI should hold repo rate, reduction in rate in near future preferable: Industry

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is expected to retain the repo rate at the current…
RBI directs banks to return property documents within 30 days of loan repayment, or pay Rs 5000 fine for delay
Business

RBI directs banks to return property documents within 30 days of loan repayment, or pay Rs 5000 fine for delay

Reserve Bank of India (RBI) has issued guidelines for banks related to release of documents pertaining to movable and immovable…
RBI to highlight digital payments infrastructure at G20 summit
Business

RBI to highlight digital payments infrastructure at G20 summit

The Reserve Bank of India (RBI) will highlight its digital payments infrastructure at the forthcoming G20 summit, with central bank…
Manufacturing shows growth, cautious approach needed to combat food inflation
News

Manufacturing shows growth, cautious approach needed to combat food inflation

Improvement in domestic manufacturing output in June quarter was helped by decline in input prices and strong internal demand, a…
RBI issues directions on issuance of debit, credit cards
Business

RBI issues directions on issuance of debit, credit cards

The Reserve Bank of India (RBI) on Wednesday issued a draft circular on issuance of debit, credit, and prepaid cards,…
76% of total Rs 2,000 denomination notes in circulation returned to banks: RBI
Business

76% of total Rs 2,000 denomination notes in circulation returned to banks: RBI

The Reserve Bank of India (RBI) on Monday said that as much as 76 per cent of the total number…
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