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Reserve Bank of India

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).

RBI MPC MEETING: Will Interest Rates Rise, Fall or Pause? What to Anticipate This Week

RBI MPC MEETING: Will Interest Rates Rise, Fall or Pause? What to Anticipate This Week

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.

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New Re 1 currency note coming; know your new rupee one note, check out its key features

New Re 1 currency note coming; know your new rupee one note, check out its key features

Tue, Feb 11, 2020

The Government of India is set to introduce a new Re 1 currency note soon. The new one rupee notes will be printed by the Ministry of Finance, unlike the other denomination notes which are printed by the Reserve Bank of India (RBI).

RBI monetary policy: Experts welcome accommodative stance, hope for economic revival

RBI monetary policy: Experts welcome accommodative stance, hope for economic revival

Thu, Feb 06, 2020

RBI monetary policy: The industry experts have welcomed Reserve Bank of India's decision to maintain accommodative stance while keeping the repo rate same in its Monetary Policy Committee (MPC) meeting headed by Governor Shaktikanta Das.

RBI MPC: Reserve Bank estimates GDP to expand at 6 pct in FY21

RBI MPC: Reserve Bank estimates GDP to expand at 6 pct in FY21

Thu, Feb 06, 2020

The Reserve Bank of India on Thursday projected the economy to expand by 6 per cent during the next financial year, pegging it at the lower end of the GDP growth estimate of the Economic Survey. The survey, tabled in Parliament last month, estimated the GDP growth during FY21 at 6-6.5 per cent.

RBI MPC Meeting: Shaktikanta Das announces big relief for real estate sector; Check major highlights

RBI MPC Meeting: Shaktikanta Das announces big relief for real estate sector; Check major highlights

Thu, Feb 06, 2020

RBI MPC Meeting came out with a consensus that the Repo Rate should be left unchanged maintaining the accommodative stance of India's apex bank.

RBI Monetary Policy: Five key announcements you should know

RBI Monetary Policy: Five key announcements you should know

Thu, Feb 06, 2020

The RBI keeps the repo rate and reverse repo rate unchanged at 5.15% and 4.90% respectively.

RBI MPC: Repo rate remains unchanged, GDP growth for 2020-21 pegged at 6 pct

RBI MPC: Repo rate remains unchanged, GDP growth for 2020-21 pegged at 6 pct

Thu, Feb 06, 2020

RBI MPC: The Reserve Bank of India (RBI) has kept the repo rate change in its first Monetary Policy Committee meeting following the Union Budget.

RBI Monetary Policy Committee meet: Here is what you should expect

RBI Monetary Policy Committee meet: Here is what you should expect

Thu, Feb 06, 2020

Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is set to meet for the first time after the presentation of Union Budget and is likely to maintain status quo in rates.

RBI's March 2019 Divergence Report increased Central Bank's Slippages: Pallav Mohapatra, MD & CEO

RBI's March 2019 Divergence Report increased Central Bank's Slippages: Pallav Mohapatra, MD & CEO

Wed, Feb 05, 2020

Pallav Mohapatra, Managing Director & Chief Executive Officer, Central bank, talks about the third-quarter results of the bank.

Preview: What to expect from RBI Monetary policy announcement on February 6

Preview: What to expect from RBI Monetary policy announcement on February 6

Wed, Feb 05, 2020

RBI Monetary Policy preview: Market expert Ajay Bagga expects the interest rates to remain unchanged on the back of over 7% inflation

RBI Monetary Policy on February 6: The last one of this financial year - Will it bring cheers?

RBI Monetary Policy on February 6: The last one of this financial year - Will it bring cheers?

Tue, Feb 04, 2020

The Reserve Bank of India (RBI) is all set to unveil its last monetary policy for the current financial year on Thursday.

Banks credit grows by 7.21%, deposits 9.51%: RBI data

Banks credit grows by 7.21%, deposits 9.51%: RBI data

Tue, Feb 04, 2020

Banks credit and deposits grew 7.21 per cent and 9.51 per cent to Rs 100.05 lakh crore and Rs 131.26 lakh crore, respectively, in the fortnight ended January 17, according to the latest Reserve Bank data

RBI to come out with last monetary policy for FY20 on Thursday

RBI to come out with last monetary policy for FY20 on Thursday

Mon, Feb 03, 2020

The government has estimated India's gross domestic product (GDP) to be growing at a slower pace of 5 per cent in the current financial year on the back of various factors, domestic and global, including weakening consumption demand in the country.

Budget 2020: RBI Governor Das underlines need for more structural reforms

Budget 2020: RBI Governor Das underlines need for more structural reforms

Sat, Jan 25, 2020

Budget 2020: RBI Governor Shaktikanta Das on Friday called for structural reforms and more fiscal measures to revive consumption demand and the overall growth.

Want debit cards or credit cards? RBI cracks down, restricts banks from issuing these contactless cards

Want debit cards or credit cards? RBI cracks down, restricts banks from issuing these contactless cards

Thu, Jan 16, 2020

RBI has restricted banks from issuing contactless debit cards and credit cards by default to all the card users.

RBI direct banks to give credit, debit card users facility to enable, disable their cards

RBI direct banks to give credit, debit card users facility to enable, disable their cards

Thu, Jan 16, 2020

Banking News: RBI has asked all banks to give card users, credit and debit, the facility to enable/disable their cards for different types of use.

Yes Bank share price and Larsen and Toubro top drags as Equity indices end flat

Yes Bank share price and Larsen and Toubro top drags as Equity indices end flat

Wed, Jan 15, 2020

Traders booked profit and equity benchmark indices were flat during early hours on Tuesday while Asian markets looked up amid signs of goodwill between China and the United States as the world's two biggest economies prepared to sign the long-awaited phase one of trade deal later this week. Investors also pondered over the possibility of Reserve Bank of India continuing with the status quo on key interest rates at its February meet as inflation is likely to remain similarly elevated in January.

Bad news! You can't withdraw more than Rs 35,000 from this bank now

Bad news! You can't withdraw more than Rs 35,000 from this bank now

Tue, Jan 14, 2020

In some very bad news for bank account holders, RBI has ordered that no more than Rs 35,000 of the total balance can be withdrawn henceforth. Yes, the customers of Sri Gururaghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka will not be able to withdraw more than Rs 35,000 from their savings bank or current account or any other deposit account!

Aapki Khabar Aapka Fayda: How to save yourself from bank fraud

Aapki Khabar Aapka Fayda: How to save yourself from bank fraud

Mon, Jan 13, 2020

In this segment of Aapki Khabar Aapka Fayda, our experts will tell you how to save yourself from bank frauds. #ZeeBusiness #AapkiKhabarAapkaFayda #BankFraud

RBI allows video based KYC to establish customer’s identity

RBI allows video based KYC to establish customer’s identity

Fri, Jan 10, 2020

The Reserve Bank of India has decided to permit video-based KYC (Know Your Customer) as an option to establish a customer’s identity. For banks, non-banking financial companies, wallet service providers and other financial entities regulated by the central bank, this is expected to come as a huge relief as remote customer authentication, as opposed to physically onboarding customers, will help to save costs. #KYC #RBI #ZeeBusiness

RBI Recruitment: Central bank announces fresh vacancies at rbi.org.in - Check how to apply

RBI Recruitment: Central bank announces fresh vacancies at rbi.org.in - Check how to apply

Mon, Jan 06, 2020

Reserve Bank of India (RBI) has released the recruitment notification for the post of Assistants. The interested and eligible candidates can apply for the post of RBI Assistant online before 16 January 2020.

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