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World Economic Forum: India's International Confidence Hits High, Says RBI Governor

World Economic Forum: India's International Confidence Hits High, Says RBI Governor

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%.

RBI Issues Draft Norms on Dividend Declaration by Banks | Zee Business

RBI Issues Draft Norms on Dividend Declaration by Banks | Zee Business

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

RBI MEET: Will the MPC maintain the status quo and keep rates steady for the fifth consecutive time?

RBI MEET: Will the MPC maintain the status quo and keep rates steady for the fifth consecutive time?

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).

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Beware! Rise in fake Rs 2000 notes, data reveals; Don't get cheated of your money, catch them this way

Beware! Rise in fake Rs 2000 notes, data reveals; Don't get cheated of your money, catch them this way

Fri, Nov 30, 2018

Shockingly! In the Mahatma Gandhi (New) Series of banknotes in the denominations of Rs 2000, counterfeit notes detected during 2017-18 were 17,929 as against just 638 counterfeit notes witnessed in the corresponding period of previous year.

Yes Bank board to recommend names for new chairman to RBI on Dec 13

Yes Bank board to recommend names for new chairman to RBI on Dec 13

Wed, Nov 28, 2018

Yes Bank Wednesday said its board on December 13 will recommend names for new chairman to be approved by the RBI as well as consider appointment of independent directors.

Government to run power play at next RBI board meeting: sources

Government to run power play at next RBI board meeting: sources

Wed, Nov 28, 2018

For all the cordiality on show at the end of Reserve Bank of India`s last board meeting, tensions could re-surface when it next gathers on Dec. 14 as the government aims to ramp up pressure for changes in the way the central bank operates.

Good news for govt! Makeover for Rs 100, Rs 200, Rs 500, Rs 2,000 notes will help RBI in getting more dividend

Good news for govt! Makeover for Rs 100, Rs 200, Rs 500, Rs 2,000 notes will help RBI in getting more dividend

Wed, Nov 21, 2018

While this is good news in terms of citizens perspective, interestingly, if varnished notes come in the picture even RBI and government are bound to benefit from it as well.

Yes Bank, Axis Bank CEOs sad fate a beginning of new era? See, which bank's leader will be next as RBI refuses to bluff over divergence

Yes Bank, Axis Bank CEOs sad fate a beginning of new era? See, which bank's leader will be next as RBI refuses to bluff over divergence

Wed, Nov 21, 2018

Well the private banks with their old CEOs are sitting with bated breath to when they might face the same fate of Yes Bank

RBI Board Meeting outcome: Good news for these segments, but NPAs, NBFC liquidity position not addressed; is that good news?

RBI Board Meeting outcome: Good news for these segments, but NPAs, NBFC liquidity position not addressed; is that good news?

Tue, Nov 20, 2018

The RBI central board discussed the Basel regulatory capital framework, a restructuring scheme for stressed MSMEs, bank health under Prompt Corrective Action (PCA) framework and the Economic Capital Framework (ECF) of RBI.

RBI vs Centre: No Urjit Patel resignation, temporary truce signalled

RBI vs Centre: No Urjit Patel resignation, temporary truce signalled

Mon, Nov 19, 2018

Signalling a temporary truce, the Governor Urjit Patel led RBI and the central government Monday agreed to refer to an expert committee the contentious issue of appropriate size of reserves that the RBI must hold, while restructuring of stressed loans of small businesses would be considered by the central bank.

Centre vs RBI: Urjit Patel in crucial meet to discuss key issues

Centre vs RBI: Urjit Patel in crucial meet to discuss key issues

Mon, Nov 19, 2018

Centre vs RBI: Urjit Patel in crucial meet to discuss key issues

Banks not funding infra projects, RBI adding to complications: Nitin Gadkari

Banks not funding infra projects, RBI adding to complications: Nitin Gadkari

Sun, Nov 18, 2018

Union Road Transport and Highway Minister Nitin Gadkari on Saturday lashed out at banks saying they are not making financial closures for infrastructure projects worth Rs 2 lakh crore despite a "golden opportunity" and blamed the Reserve Bank for creating "more complications".

Arun Jaitley says growth should not suffer due to credit crunch

Arun Jaitley says growth should not suffer due to credit crunch

Sun, Nov 18, 2018

Two days before a crucial meeting of the Reserve Bank's central board, Finance Minister Arun Jaitley said here Saturday that growth must not be throttled by limiting credit availability and liquidity.

Govt for greater involvement in decision making of RBI

Govt for greater involvement in decision making of RBI

Sat, Nov 17, 2018

The government wants greater involvement in the RBI's decision making as it feels the current practice leaves it out on many critical issues like single-day default turning a loan into an NPA, sources said ahead of the crucial board meeting of the central bank.

Yes Bank plunges 9%; Buy it at lows; this lender can make you a crorepati going forward

Yes Bank plunges 9%; Buy it at lows; this lender can make you a crorepati going forward

Fri, Nov 16, 2018

Well, when Yes Bank will actually find its new CEO & MD will be keenly watched. But for now the real question is, should you invest in Yes Bank shares?

RBI to pump liquidity worth Rs 12,000 cr on Nov 15

RBI to pump liquidity worth Rs 12,000 cr on Nov 15

Wed, Nov 14, 2018

The Reserve Bank of India (RBI) would inject Rs 12,000 crore into the market by purchasing government securities on November 15, 2018.

Delays beyond 270 days at NCLT cost banks Rs 4,000 cr in Foregone interest: Report

Delays beyond 270 days at NCLT cost banks Rs 4,000 cr in Foregone interest: Report

Tue, Nov 13, 2018

The inordinate delays beyond the 270-day deadline under the Insolvency and Bankruptcy Code (IBC) have cost the lenders to the first 'dirty list' of 12 large defaulters a whopping Rs 4,000 crore in interest income foregone, according to an Icra report.

Unbelievable! Is your private bank worse than public sector bank? Check shocking truth

Unbelievable! Is your private bank worse than public sector bank? Check shocking truth

Tue, Nov 13, 2018

Private banks may be having a lesser amount of bad loans due to their smaller size in comparison with public sector banks (PSBs), but they have surpassed the latter in bad loan growth by a huge margin.

Centre-RBI row: Urjit Patel met PM Narendra Modi to possibly thrash out issues

Centre-RBI row: Urjit Patel met PM Narendra Modi to possibly thrash out issues

Tue, Nov 13, 2018

RBI Governor Urjit Patel is believed to have met Prime Minister Narendra Modi last week in a bid to work out a solution on contentious issues that have been flash point between the central bank and the government during the last few weeks.

No more rate hikes by RBI? This is what has come as a savior for loan takers

No more rate hikes by RBI? This is what has come as a savior for loan takers

Mon, Nov 12, 2018

If status quo is the case, then your loan takers can rejoice as banks will not be in situation to make hike in lending rates.

RBI recruitment 2018: Ex-Servicemen may apply for Security Guard posts; check rbi.org.in

RBI recruitment 2018: Ex-Servicemen may apply for Security Guard posts; check rbi.org.in

Sat, Nov 10, 2018

RBI recruitment 2018: The Reserve Bank of India (RBI) has invited application from ex-servicemen for the post of Security Guards.

Will RBI governor Urjit Patel resign on Nov 19? Read this report

Will RBI governor Urjit Patel resign on Nov 19? Read this report

Wed, Nov 07, 2018

Reserve Bank of India (RBI) Governor Urjit Patel could resign at the central bank`s next board meeting on November 19, online financial publication Moneylife reported on Wednesday, citing sources in touch with the governor.

Rs 3.6 lakh crore demand slapped on RBI as Centre wants one-third of reserves; the rift intensifies, but is it wise?

Rs 3.6 lakh crore demand slapped on RBI as Centre wants one-third of reserves; the rift intensifies, but is it wise?

Tue, Nov 06, 2018

The Finance Ministry is now seeking a transfer of Rs 3.6 lakh crore from RBI, which is more than one-third of the central bank’s reserves.

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