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Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley
Earlier this month, the apex bank had already issued a stern warning to the NBFC sector, discouragi…
UPI Lite wallet limit and transaction limits for feature phone users increased
The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to ₹5,000 and per…
Not comfortable with NPAs in urban co-op banks says RBI, asks lenders to focus on governance
RBI Governor Shaktikanta Das on Monday said the central bank is "not comfortable" with the gross no…
PTI
India's forex reserves at record high of USD 675 billion, external sector resilient: RBI Governor Shaktikanta Das
The previous all-time high for the kitty was USD 670.857 billion on July 19 this year, and the last…
PTI
RBI to soon launch app to enable retail investors to participate in govt bonds
The Reserve Bank on Friday announced the launch of a mobile app to enable retail investors to parti…
PTI
RBI's MPC 'decisively' in a rate-pause mode as inflation cools down
The Reserve Bank of India’s Monetary Policy Committee (MPC) sprung a surprise by pausing rate hikes…
India to grow at 6.4% in FY24 says RBI, projects FY23 growth rate at 7%
The Indian economy is projected to grow at 6.4% in 2023-24, said the Reserve Bank of India (RBI) on…
Adjusted for inflation, policy rate still remains accommodative, says RBI Governor
According to the statement of the Governor of the Reserve Bank of India (RBI), Shaktikanta Das, sai…
ANI
RTGS fund transfer system will be available 24x7 in the next few days, says RBI
Currently, RTGS is available for customers from 7.00 am to 6.00 pm on all working days of a wee…
PTI
RBI brings in KV Kamath to set the boundaries for a one-time restructuring of loans
The Reserve Bank of India (RBI) has taken heed to the call of industry leaders and is open to the i…
FinMin and RBI to connect over videocall to decide borrowing plan for FY21
The meeting between the Finance Ministry and Reserve Bank of India (RBI) will be held through v…
PTI
Yes Bank is damaged beyond repair, says Nomura while RBI tells depositors to keep calm
The private bank on the brink of collapse has been saved by the government, and the regulator Reser…