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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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Raghuram Rajan wants RBI to play like Rahul Dravid, not Navjot Singh Sidhu in rift with Centre

Raghuram Rajan wants RBI to play like Rahul Dravid, not Navjot Singh Sidhu in rift with Centre

Tue, Nov 06, 2018

Raghuram Rajan spoke in an interview over key developments in RBI vs govt controversy, section 7, debate on NBFC liquity, PCA framework and he also shed some light on rupee volatility.

RBI vs Govt row! A case for PCA framework in India

RBI vs Govt row! A case for PCA framework in India

Mon, Nov 05, 2018

The government's row with RBI is over the PCA framework where about 11 state-owned banks are, more or less, trapped.

Defaulters list row: CIC issues show-cause notice to RBI Governor Urjit Patel for imposing penalty on him

Defaulters list row: CIC issues show-cause notice to RBI Governor Urjit Patel for imposing penalty on him

Sun, Nov 04, 2018

The Central Information Commission (CIC) has issued a show-cause notice to RBI Governor Urjit Patel for "dishonouring" a Supreme Court judgment on disclosure of wilful defaulters' list.

RBI kick-starts process to set up PCR for capturing details of borrowers

RBI kick-starts process to set up PCR for capturing details of borrowers

Sun, Nov 04, 2018

The Reserve Bank has initiated steps to set up a wide-based digital Public Credit Registry (PCR) to capture details of all borrowers, including wilful defaulters and also the pending legal suits in order to check financial delinquencies.

RBI Recruitment 2018: Apply for Grade 'B' Posts on rbi.org.in; last date Nov 30

RBI Recruitment 2018: Apply for Grade 'B' Posts on rbi.org.in; last date Nov 30

Sat, Nov 03, 2018

RBI Recruitment 2018: The Reserve Bank of India (RBI) has issued a notification for the recruitment of Grade ‘B’ – Research Posts. The last date of the submission of application form is November 30, 2018.

Government says RBI independence ''essential'' as row unnerves markets

Government says RBI independence ''essential'' as row unnerves markets

Wed, Oct 31, 2018

The government affirmed its belief in central bank autonomy on Wednesday, calling it "essential" in a bid to calm investors worried by a heated public row with the Reserve Bank of India (RBI).

RBI Recruitment 2018: Apply online for Legal Consultant and Director posts on rbi.org.in

RBI Recruitment 2018: Apply online for Legal Consultant and Director posts on rbi.org.in

Tue, Oct 30, 2018

RBI Recruitment 2018: Reserve Bank of India Service Board, Mumbai, has issued notification to recruit for the posts of Legal Consultant and Director.

Centre vs RBI: With these 7 quotes, Arun Jaitley destroys autonomy call for RBI

Centre vs RBI: With these 7 quotes, Arun Jaitley destroys autonomy call for RBI

Tue, Oct 30, 2018

The row that has broken out between Centre and the Reserve Bank of India (RBI) over independence of India's central bank has now been ratcheted up to a higher level with the Modi government deploying FM Arun Jaitley who proceeded to blast the cbank for its sins of omission and commission, but res

Battle for Dignity or Power Play? It is RBI vs Govt; Urjit Patel, Viral Acharya at center stage

Battle for Dignity or Power Play? It is RBI vs Govt; Urjit Patel, Viral Acharya at center stage

Tue, Oct 30, 2018

Government officials may blame RBI for talking about regulatory matters openly, but in a big relief for Governor Urjit Patel, the central bank’s union has taken up cudgels on his behalf.

Arun Jaitley hits back at RBI, says it allowed lending excesses

Arun Jaitley hits back at RBI, says it allowed lending excesses

Tue, Oct 30, 2018

Finance Minister Arun Jaitley blamed the Reserve Bank of India (RBI) on Tuesday for failing to stop a lending spree between 2008-2014 that left banks with huge bad debts, inflaming a row that recently erupted between the government and the central bank.

Chanda Kochhar, ICICI Bank row fallout: Here is what RBI has done to new CEO Sandeep Bakhshi stint

Chanda Kochhar, ICICI Bank row fallout: Here is what RBI has done to new CEO Sandeep Bakhshi stint

Wed, Oct 17, 2018

Taking a cautious stand, Reserve Bank of India (RBI) on Tuesday gave only a three-year term to Sandeep Bakhshi, chief executive officer and managing director, ICICI Bank.

Policies restricting data flow 'barriers' to growth of payments market in India: USIBC

Policies restricting data flow 'barriers' to growth of payments market in India: USIBC

Wed, Oct 17, 2018

With the RBI standing firm on its data localisation stance, the US-India Business Council (USIBC) Tuesday cautioned that policies restricting flow of data can act as "barriers" to expansion of services in India, impacting not only consumers but also growth of Indian payments market.

As India cracks down against them, US companies run to US President Donald Trump, plead for relief

As India cracks down against them, US companies run to US President Donald Trump, plead for relief

Mon, Oct 15, 2018

RBI, in a circular, stated that all financial system providers will have to ensure that the entire data relating to payments operated by them are stored in India only.

Who will be Rana Kapoor's successor and what will be his salary? Find out

Who will be Rana Kapoor's successor and what will be his salary? Find out

Mon, Oct 15, 2018

Yes Bank also mentioned stock exchanges that by end of December 2018, a candidate will be selected.

Ache din for loan takers? Retail inflation makes case for it going forward

Ache din for loan takers? Retail inflation makes case for it going forward

Mon, Oct 15, 2018

When RBI maintains status quo, banks have the room to increase deposit rates in order to attract investment. and vice versa lower the loan rates.

Credit card alert! Do you have these cards? RBI may continue crackdown

Credit card alert! Do you have these cards? RBI may continue crackdown

Sun, Oct 14, 2018

The RBI will not relax the October 15 deadline for global financial technology ( fintech ) companies to comply with its data localisation norms in the public interest, according to sources.

WhatsApp obeys India's order, but Trump admin defiant

WhatsApp obeys India's order, but Trump admin defiant

Sat, Oct 13, 2018

The US wants to prohibit data localisation to ensure that there is a free flow of information across borders, a senior Trump administration official has said

Retail inflation rises to 3.77% in September 2018; Food inflation inches up 0.51%

Retail inflation rises to 3.77% in September 2018; Food inflation inches up 0.51%

Fri, Oct 12, 2018

India's Consumer Food Price Index (CFPI) inched up 0.51% in September compared to 0.29% in August 2018 and 1.25% in September 2017.

CPI, IIP numbers today; Is a scare in the offing or will RBI status quo call generate good news?

CPI, IIP numbers today; Is a scare in the offing or will RBI status quo call generate good news?

Fri, Oct 12, 2018

Investors are keeping a close eye on inflation numbers after RBI’s October 2018 policy, where the central bank opted for the status quo, keeping repo rate unchanged at 6.50%.

Crorepati minting machine! No stopping glorious Yes Bank march; search for Rana Kapoor successor expedited

Crorepati minting machine! No stopping glorious Yes Bank march; search for Rana Kapoor successor expedited

Fri, Oct 12, 2018

Yes Bank has surged by more than 6%, touching intraday high of Rs 254.60 per piece on BSE.

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