Panic on retail inflation numbers unjustified: Jaitley
Dhaka, Oct 4 (IANS) Decrying the tendency in India to “panic” about retail inflation numbers, Finance Minister Arun Jaitley on Wednesday said the NDA government has a better track record than previous...
View ArticleRBI maintains key rates, but eases liquidity (Intro Roundup)
Mumbai, Oct 4 (IANS) Belying industry expectations, RBI maintained its hawkish stand on Wednesday refusing to cut rates in view of the rising inflationary pressure and concerns over “fiscal slippage”....
View ArticleRBI’s new directions for mobile wallets within a week
Mumbai, Oct 4 (IANS) The Reserve Bank of India (RBI) on Wednesday said it will issue a revised Master Directions on Prepaid Payment Instruments (PPIs), such as mobile wallets, within a week that will...
View ArticleProvisioning for insolvency cases not unusually large: RBI official
Kolkata, Oct 13 (IANS) Reserve Bank of India Deputy Governor N.S. Vishwanathan on Friday said the required provisioning for the NPA (non-performing asset) accounts referred for insolvency resolution...
View ArticleProvisioning for insolvency cases not unusually large: RBI official
Kolkata, Oct 13 (IANS) Reserve Bank of India (RBI) Deputy Governor N.S. Vishwanathan on Friday said the required provisioning for the NPA (non-performing asset) accounts referred for insolvency...
View ArticleNorth East Small Finance Bank commences operations: RBI
Mumbai, Oct 17 (IANS) The Reserve Bank of India (RBI) said on Tuesday the North East Small Finance Bank has commenced operations. A small finance bank has been envisioned to undertake basic banking...
View ArticleLinking bank accounts with Aadhaar mandatory, it is government’s decision: RBI
New Delhi, Oct 21 (IANS) At a time when customers are rushing to link all their bank accounts with Aadhaar, the Reserve Bank of India (RBI) has clarified that it never issued any such directions, it...
View ArticleRBI fines Yes Bank Rs 6 cr, IDFC Bank Rs 2 cr for non-compliance
Mumbai, Oct 24 (IANS) The Reserve Bank of India (RBI) on Tuesday announced it has imposed a penalty of Rs 6 crore on Yes Bank and fined IDFC Bank Rs 2 crore for not complying with the directions of...
View ArticleDemonetisation: Hawkish RBI has been economy’s biggest demon (Comment) (Note...
In a global financial landscape where everyone is enjoying a swim in a pool of excess liquidity created by central banks in the developed world, Indian interest rates remain amongst the highest in the...
View ArticleBank recapitalisation monumental step to save economy: RBI chief
Mumbai, Oct 25 (IANS) The government’s Rs. 2.11 lakh crore plan to recapitalise public sector banks is a major step to restore the banking system’s health and safeguard the countrys economic future,...
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