Thu, Jan 18, 2024
Reserve Bank of India (RBI) Governor Shaktikanta Das, speaking at the World Economic Forum 2024, highlighted a surge in international confidence towards India. He cited the National Statistics Office (NSO) revising India's FY23 growth projection to 7.3%, surpassing the RBI's own 7% estimate, as evidence of this positive sentiment. Additionally, Das expressed optimism for FY24, stating he "senses" India's GDP growth will reach 7%.
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Wed, Jan 03, 2024
RBI issued draft circular on dividend declaration of banks, new rules will be implemented from financial year 2025, sought suggestions from stakeholders till January 31, rules for all Commercial Bank, SFB, Payment Bank, Regional Bank
Thu, Dec 07, 2023
Even as the three-day RBI MPC meeting has started on Wednesday, all eyes are on the interest rate-setting panel’s decision on Friday. Experts, however, expect a status quo on the key policy rates as inflation is gradually coming closer to the RBI’s target level and economic growth is picking up. RBI Governor Shaktikanta Das-headed Monetary Policy Committee has begun its three-day deliberations on December 6. Das would unveil the decision of the six-member MPC on the last day of the meeting--December 8 (10.00 AM).
Wed, Oct 11, 2023
RBI shock to Bank of Baroda! Why pressure on BoB today? Which news spoiled the mood of the stock? Why is there a restriction on adding new customers through BoB World App?
Tue, Oct 03, 2023
After hiking the repo rate six consecutive times since last year, the RBI hit the pause button and kept the repo rate unchanged in the last three MPC meetings this year. The next bi-monthly MPC meeting is set to take place from October 4-6, with the decision set to be announced on Oct 6, 2023.
Tue, Sep 19, 2023
Fake Loan Apps: When will the black book open about apps that incite customers to commit suicide by giving small loans? Watch this special discussion in India 360
Thu, Sep 14, 2023
The Reserve Bank of India (RBI) has issued new guidelines for loan settlement, which require banks and NBFCs to release all original movable and immovable property documents within 30 days of full repayment/settlement of the loan account. The move is aimed at addressing the issues faced by borrowers during loan settlement.
Wed, Jun 28, 2023
EMI calculation: If home loan, auto loan, other borrowers don't pay, the amount due will jump from Rs 50,35,000, Rs 50,71,000 to Rs 51,07,000!
Fri, Apr 17, 2020
The RBI is scheduled to conduct the fourth tranche of targeted long-term repo operations (LTRO) for Rs 25,000 crore on April 17. RBI did this to ensure liquidity in the banking system.
Mon, Mar 30, 2020
Reserve Bank of India (RBI) Governor Shaktikanta Das, in a video message to the Indian citizens, advocated the digital mode of payment as part of social distancing as the coronavirus positive cases in India continued to rise on Sunday.
Sun, Mar 29, 2020
Don't worry, we have the best advice for you!
It's a good news for you if you have borrowed home loan or car loan from Bank of India.
Fri, Mar 27, 2020
State Bank of India (SBI) today reduced interest rates on loans by a whopping 75 bps, passing on the entire RBI repo rate cut, announced in the morning, to its borrowers availing loans linked to External Benchmark linked lending rate (EBR) as well as Repo Linked Lending rate (RLLR)
Reserve Bank of India (RBI) governor Shaktikanta Das announced several relief measures including a sharp cut in repo rate by 75 basis points to 4.4 percent. In this segment of Apki Khabar Apka Faydawe will tell you how people of India will benefit from this announcement.
Rate cut will not have any big impact immediately because high-interest rate is not an issue today, Axis Bank MD & CEO Amitabh Chaudhry told Zee Business Executive Editor Swati Khandelwal; actual problem is that several borrowers are in trouble as economic activity has stopped in many industries and they need a moratorium and additional working capital, he said
RBI governor Shaktikanta Das announced a slew of measures on Friday morning, including a massive cut in repo rates.
The Reserve Bank of India (RBI) on Friday massively reduced the key lending rates in response to the Covid-19 outbreak. The Monetary Policy Committee of the central bank in an unscheduled meet reduced the repo rate by 75 basis points to 4.40 per cent from 5.15 per cent.
The Reserve Bank of India finally announced a massive repo rate cut on Friday, meeting the long pending demand of Zee Business Managing Editor Anil Singhvi, thereby bringing relief to the common man.
The Reserve Bank of India on Friday cut the repo rate by 75 basis points, in the wake of extraordinary circumstances created by coronavirus outbreak
Tue, Mar 24, 2020
The government has take several applaudable steps to deal with the coronavirus crisis but not enough has been done to lift the economy, believes market expert Ajay Bagga.
Mon, Mar 23, 2020
Tackling coronavirus impact on the liquidity of the system, the Reserve Bank of India has taken a big decision.
Sun, Mar 22, 2020
The Reserve Bank is virtually being run from a war-room at a city facility manned by just around 90 critical staff as the nation's monetary authority works to insulate the financial system from disruptions due to the coronavirus pandemic.
Thu, Mar 19, 2020
Small Savings Schemes interest: Both, PPF and NSC are among the most secure and preferred saving schemes; offer better interest rate than fixed deposits
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