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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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RBI Monetary Policy: MPC cuts repo rate by 25 basis points, home and auto loans to be cheaper now - All you need to know

RBI Monetary Policy: MPC cuts repo rate by 25 basis points, home and auto loans to be cheaper now - All you need to know

Fri, Oct 04, 2019

The Reserve Bank of India (RBI) on Friday announced the fourth bi-monthly monetary policy for 2019-20, after a three-day meeting. The The six-member Monetary Policy Committee (MPC) cut the repo rate by 25 basis points.

RBI may cut policy rates by 25 bps

RBI may cut policy rates by 25 bps

Mon, Sep 30, 2019

The latest retail inflation reading at 3.21 per cent for August, which is lower than the mandated 4 per cent inflation target, gives the RBI headroom to cut rates to spur growth.

HIGH NPAs! RBI puts Lakshmi Vilas Bank under Prompt Corrective Action

HIGH NPAs! RBI puts Lakshmi Vilas Bank under Prompt Corrective Action

Sat, Sep 28, 2019

In a major announcement, Lakshmi Vilas Bank on Saturday said the Reserve Bank of India (RBI) had initiated Prompt Corrective Action (PCA) against it on account of its high non-performing assets (NPA) and others.

PMC Bank crisis: Kirit Somaiya files complaint against HDIL and PMC Bank senior employees

PMC Bank crisis: Kirit Somaiya files complaint against HDIL and PMC Bank senior employees

Thu, Sep 26, 2019

BJP Politician Kirit Somaiya has filed complaint against HDIL and PMC Bank employees.

RBI increases withdrawal limit to Rs 10,000 for PMC Bank account holders

RBI increases withdrawal limit to Rs 10,000 for PMC Bank account holders

Thu, Sep 26, 2019

In a bid to provide relief to around 60 per cent of the 7 lakh customers of the Punjab and Maharashtra Co-operative (PMC) Bank, the Reserve Bank of India (RBI) has raised the withdrawal limit of the bank customers from Rs 1,000 in next six months to Rs 10,000. In another move, the apex bank of India decided to sack the Managing Director of PMC Bank George Thomas as well.

RBI raises withdrawal limit for PMC Bank account holders to Rs 10,000

RBI raises withdrawal limit for PMC Bank account holders to Rs 10,000

Thu, Sep 26, 2019

In a bid to provide relief to around 60 per cent of the 7 lakh customers of the Punjab and Maharashtra Co-operative (PMC) Bank, the Reserve Bank of India (RBI) has raised the withdrawal limit of the bank customers from Rs 1,000 in next six months to Rs 10,000. In another move, the apex bank of India decided to sack the Managing Director of PMC Bank George Thomas as well.

Big Relief for PMC Customers! RBI raises withdrawal limit to Rs 10,000

Big Relief for PMC Customers! RBI raises withdrawal limit to Rs 10,000

Thu, Sep 26, 2019

In a bid to provide relief to around 60 per cent of the 7 lakh customers of the Punjab and Maharashtra Co-operative (PMC) Bank, the Reserve Bank of India has raised the withdrawal limit of the bank customers from Rs 1,000 in next six months to Rs 10,000.

RBI puts curbs on PMC Bank, customers panic- ''क्या आपका बैंक डिपॉजिट सेफ है?''

RBI puts curbs on PMC Bank, customers panic- ''क्या आपका बैंक डिपॉजिट सेफ है?''

Thu, Sep 26, 2019

RBI puts curbs on PMC Bank, customers panic ''क्या आपका बैंक डिपॉजिट सेफ है?''

RBI rejects social media rumours on closure of 9 banks

RBI rejects social media rumours on closure of 9 banks

Wed, Sep 25, 2019

RBI rejects social media rumours on the closure of 9 banks. To know more watch the video

RBI imposes restrictions on Maharashtra's PMC Bank

RBI imposes restrictions on Maharashtra's PMC Bank

Tue, Sep 24, 2019

RBI imposes restrictions on Maharashtra's PMC Bank. Watch video to know more.

Worried about money after failed transactions at ATMs? Now, bank may pay you Rs 100 per day - Here is how

Worried about money after failed transactions at ATMs? Now, bank may pay you Rs 100 per day - Here is how

Sat, Sep 21, 2019

RBI on Friday issued a notification titled 'Harmonisation of Turn Around Time (TAT) and customer compensation for failed transactions using authorised Payment Systems.

RBI guidelines for transaction failure during online payments

RBI guidelines for transaction failure during online payments

Sat, Sep 21, 2019

RBI has issued customer-friendly guidelines for transaction failure during online payments. To know more watch the video

Sanjeev Sanyal pitches for more rate cuts from RBI to boost growth

Sanjeev Sanyal pitches for more rate cuts from RBI to boost growth

Tue, Sep 17, 2019

Principal Economic Adviser Sanjeev Sanyal on Tuesday indirectly pitched for further rate cuts from RBI to support the growth where he said there is far more space on the monetary side than the fiscal front for lifting economic growth.

Indiabulls Housing Finance and Lakshmi Vilas Bank merger may stuck, both on the radar of RBI

Indiabulls Housing Finance and Lakshmi Vilas Bank merger may stuck, both on the radar of RBI

Tue, Sep 17, 2019

Indiabulls Housing Finance and Lakshmi Vilas Bank merger may stuck, both on the radar of RBI. Watch this video to know more.

SBI seeks clarity from RBI on fixed-floating home loan rate

SBI seeks clarity from RBI on fixed-floating home loan rate

Mon, Sep 16, 2019

SBI has demanded clarity from RBI on the fixed-floating home loan rate. Watch this video to know more.

Money Guru: RBI’s external benchmark for loans; Here's the advantages

Money Guru: RBI’s external benchmark for loans; Here's the advantages

Mon, Sep 09, 2019

The RBI has mandatorily asked banks to link their loan products to key repo rates or external benchmarks. The change will come into effect from October 1.

Know how to book online appointment to get Aadhaar card

Know how to book online appointment to get Aadhaar card

Thu, Sep 05, 2019

Know how to book online appointment to get Aadhaar card.

Good News for Home Loan Borrowers; loans to get cheaper from 1st October

Good News for Home Loan Borrowers; loans to get cheaper from 1st October

Thu, Sep 05, 2019

Good News for Home Loan Borrowers; loans to get cheaper from 1st October.

VG Kannan of India Bank Associations exclusively speaks to Zee Business

VG Kannan of India Bank Associations exclusively speaks to Zee Business

Thu, Sep 05, 2019

VG Kannan of India Bank Associations exclusively speaks to Zee Business. Watch video to know more.

E-mandate: RBI strengthens process with new guidelines, procedures

E-mandate: RBI strengthens process with new guidelines, procedures

Sat, Aug 24, 2019

RBI has strengthened the process of e-mandate on cards for recurring transactions with AFA during e-mandate registration and first transaction, and simple/automatic subsequent successive transactions.

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