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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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Paytm Payments Bank vs Airtel Payments Bank vs India Post Payments Bank: We review

Paytm Payments Bank vs Airtel Payments Bank vs India Post Payments Bank: We review

Tue, May 23, 2017

Paytm Payments Bank that will begin operations today will offer 4% interests on deposits. All deposits will be held in government bonds however the company said it was equipped to offer loans as well unlike other payments banks.

RBI outlines action plan to implement Banking Regulation ordinance

RBI outlines action plan to implement Banking Regulation ordinance

Mon, May 22, 2017

RBI outlined various steps it will take to implement the Banking Regulation ordinance which will help take care of the bad loan problem impacting the banking industry.

Framework under NPA ordinance by RBI may be out within 15 days

Framework under NPA ordinance by RBI may be out within 15 days

Mon, May 22, 2017

The Reserve Bank is likely to announce within a fortnight the guidelines to operationalise NPA ordinance so as to expedite the recovery of bad loans which have crossed Rs 8 lakh crore.

GST to impact working capital cycle, put strain on liquidity

GST to impact working capital cycle, put strain on liquidity

Mon, May 22, 2017

The introduction of GST will hurt working capital cycle for companies and availability of easy liquidity is necessary for up to four months, according to a report.

LIC earns total investment income of Rs 1.80 lakh crore in FY17

LIC earns total investment income of Rs 1.80 lakh crore in FY17

Sun, May 21, 2017

LIC has earned a total investment income of Rs 1,80,117 crore in FY17 through investment in government bonds and state development loans, interest, corporate bond interest, dividend income and profits on sale of equity.

GST to be best achievement of PM Narendra Modi government: Assocham

GST to be best achievement of PM Narendra Modi government: Assocham

Sun, May 21, 2017

As India's prime minister Narendra Modi has completed his three years of tenure this May industry organisation Assocham has said the implementation of the GST in the next few weeks would be the biggest achievement of the prime minister.

Paytm Payments Bank to begin operations from May 23

Paytm Payments Bank to begin operations from May 23

Wed, May 17, 2017

Paytm Payments Bank has received RBI approval to run its banking operations from May 23. The bank will be converting customers' e-wallets to bank accounts.

Macro economic data has reached new heights in last 3 years, says HDFC's VC & CEO Keki Mistry

Macro economic data has reached new heights in last 3 years, says HDFC's VC & CEO Keki Mistry

Tue, May 16, 2017

HDFC's VC and CEO Keki Mistry in an one-on-one interview with Zee Business said that India is poised to be amongst the most significant economic countries in the world along with China and US.

WannaCry Ransomware: Here are 6 steps you can follow to prevent cyber attack

WannaCry Ransomware: Here are 6 steps you can follow to prevent cyber attack

Tue, May 16, 2017

The 'WannaCry' ransomware has attacked the computers across the world since last Friday but little is being talked about measures to prevent computers from such cyber attacks. Here are six steps you can follow to prevent such cyber attacks.

India's service exports rises 3.4% in FY17: RBI

India's service exports rises 3.4% in FY17: RBI

Mon, May 15, 2017

Service exports of India grew to $160.68 billion last fiscal and maintained India's position as one of the major economies contributing to world services export industry.

WannaCry: Should you stay away from ATMs?

WannaCry: Should you stay away from ATMs?

Mon, May 15, 2017

After the WannaCry ransomware infected the computers across the world, the Reserve Bank of India (RBI) has directed banks to operate their ATM networks only after machines receive a Windows update to protect the machines from the malware.

Here's everything to know about 'WannaCry' ransomware; measures & more

Here's everything to know about 'WannaCry' ransomware; measures & more

Mon, May 15, 2017

The 'WannaCry' ransomware has attacked about 150 countries across the world but little is being talked about what is this cyber attack about,which countries are affected and how to prevent it. Here's everything to know about 'WannaCry' ransomware.

Insolvency And Bankruptcy Code: First information utility to be operational in 3 months

Insolvency And Bankruptcy Code: First information utility to be operational in 3 months

Sun, May 14, 2017

According to a top official from IBBI, the government's Insolvency and Bankruptcy Code is likely to be operational in next three months.

RBI initiates 'Prompt Corrective Action' against UCO Bank on high bad loans, negative return on assets

RBI initiates 'Prompt Corrective Action' against UCO Bank on high bad loans, negative return on assets

Sun, May 14, 2017

The Reserve Bank of India (RBI) has initiated a 'Prompt Corrective Action' against UCO Bank on account of the bank's increasing bad loans and negative return on assets.

Sharing details of paper import for Rs 500, Rs 2,000 notes to affect India's sovereignty, says RBI's bank note printing firm BRBNMPL

Sharing details of paper import for Rs 500, Rs 2,000 notes to affect India's sovereignty, says RBI's bank note printing firm BRBNMPL

Sun, May 14, 2017

Replying to an RTI query, RBI owned bank note printing company BRBNMPL has declined to share any details related to import of paper for printing of the high- denomination notes citing reason that it would affect India's sovereignty and may lead to incitement of an offence

Telcos' Financial Woes: Government's inter-ministerial panel to give views in 3 months

Telcos' Financial Woes: Government's inter-ministerial panel to give views in 3 months

Sun, May 14, 2017

The government's inter-ministerial panel being constituted to suggest a policy prescription for the failing financial health of the telecom sector will consult banks and operators before finalising its views in three months.

RBI Introduced report of state finances of year 2016-2017

RBI Introduced report of state finances of year 2016-2017

Sat, May 13, 2017

RBI Introduced report of state finances of year 2016-2017. Watch the full segment for more details.

Reserve Bank imposed Prompt corrective Action on UCO bank

Reserve Bank imposed Prompt corrective Action on UCO bank

Sat, May 13, 2017

Reserve Bank imposed Prompt corrective Action on UCO bank. Watch the full segment for more details.

GST will have a macro economic impact, says RBI

GST will have a macro economic impact, says RBI

Fri, May 12, 2017

It said the GST is expected to reduce administrative costs for collection of tax revenue and improve revenue efficiency while uniformity in tax rates and procedures will lead to economy in compliance cost.

No plan to tax agri income; rich farmer very rare: Jaitley

No plan to tax agri income; rich farmer very rare: Jaitley

Tue, May 09, 2017

Finance Minister Arun Jaitley has said the government has no plans to tax agricultural income, including that of prosperous farmers, saying a rich farmer is "a very rare institution" and not the norm.

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