RBI extends interim WMA limit of states to ₹ 51,560 crore by September
The ways and means given by the RBI to the states to tamper with any mismatch in receipts and payments are advance. The Reserve Bank […]
reserve Bank of India
RBI keeps policy rates unchanged, GDP growth rate of 10.5%
The RBI governor says that the recent increase in COVID-19 infections has created uncertainty in the economic growth rate. The Monetary Policy Committee (MPC) of […]
RBI constitutes panel to conduct comprehensive review of ARC
In the latest budget, Finance Minister Nirmala Sitharaman announced the establishment of Asset Reconstruction Company and Asset Management Company for the disposal of assets. To […]
Hindu Description | What does the Finance Ministry’s decision mean for monetary policy?
the story So Far: On the last day of FY 2020-21, the Finance Ministry announced that the inflation target for five years between April 2021 […]
Government. 4% inflation target for RBI’s rate panel for 2021-26
Centre’s decision ensures ‘continuity’, eliminating speculation on price stability goals A top finance ministry official said on Wednesday that the Center has decided to retain […]
India’s 0.2% current account deficit has been recorded in the December quarter: RBI data
In the current fiscal year, the current account was in the last two quarters, $ 15.1 billion and $ 19 billion, respectively, in surplus according […]
HDFC Bank Netbanking & Mobile App Face Technical Issues, Bank Says Glitch Resolved Now
Mumbai, March 30: In yet another technical glitch, some customers of HDFC Bank on Tuesday faced issues while accessing the bank’s netbanking services and the […]
Automatic recurring payments to follow RBI instructions from 1 April
Come April, there will be no automatic recurring payments for various services including recharge and utility bills as the RBI has mandated Additional Factor Authentication […]
Banks will conduct special clearing operations to close Reserve Bank of India on March 31
“On March 31, 2021, all banks are required to participate in special clearing operations.” RBI has said that banks will conduct special clearing operations to […]
PSU banks are unlikely to continue along the zero-coupon bond route for re-examination
Sources said public sector banks are unlikely to take the zero-coupon bond route for recapitalization after the Reserve Bank of India (RBI) expressed some concerns […]