Reserve Bank of India

RBI not in favour of special credit window for non-banking financial companies

Many NBFCs, including DHFL and Indiabulls Finance, came under severe liquidity pressure compelling them to bring down their reliance on commercial papers.

published on : 22nd May 2019

RBI hopes to increase PoS transactions by 34 per cent in two years

With the use of cash remaining unabated, the Reserve Bank of India (RBI) wants to Indians to use more debit cards to boost digital transactions. 

published on : 22nd May 2019

RBI to create specialised cadre for regulation of banks and NBFCs

Amidst the IL&Fs crisis, the central bank also discussed the medium-term strategy document, covering, inter-alia, the mission statement and the vision statement.

published on : 21st May 2019

Reserve Bank needs to go in for a bigger rate cut in June: SBI

However, thefeared slowdown may be transitory if high real interest rates are addressed.

published on : 15th May 2019

RBI needs to go for large rate cut in June to reverse current economic slowdown: SBI report

RBI had cut the key short term lending rate (repo) by 25 points each in its last two policy reviews and is slated to announce the next bi-monthly policy on June 6.

published on : 14th May 2019

Retail inflation rises to 2.92 per cent in April from 2.86 per cent in March

As per the data, the inflation in the food basket was 1.1 per cent in April, up from 0.3 per cent in March.

published on : 13th May 2019

RBI likely to cut interest rate again in June; no cut thereafter

RBI had cut interest rate by 25 basis points each in February and April to boost economic growth.

published on : 8th May 2019

RBI directs banks to enhance housing loan limits for eligibility under priority sector lending

In order to bring the RRBs and SFBs at a level playing field with other Scheduled Commercial Banks, it has now been decided to enhance the housing loan limits for eligibility under PSL.

published on : 7th May 2019

RBI should disclose the list of defaulters: Congress

Abhishek Manu Singhvi alleged connivance between the RBI and the government for not disclosing the list of 100 biggest loan defaulters.

published on : 28th April 2019

RBI campaigns are simple, informative

I never thought that a day would come when the Reserve Bank of India (RBI) would need to advertise. But the RBI did just that last year with a big splash on the IPL.

published on : 28th April 2019

RBI likely to withdraw non-disclosure policy under RTI

The RBI did not reveal whether it would straightaway share the information sought by the RTI applicants or will seek time to review the SC order before acting upon it.

published on : 26th April 2019

RBI’s second US dollar-rupee swap sees strong demand

The cut off premium was at Rs 8.38 for the three year buy-sell swap.

published on : 24th April 2019

‘Bimal Jalan panel may find Rs 1-3 Lakh crore as surplus’

The six-member RBI panel is likely to submit its report next month and the central bank is likely to deliberate on the findings of the report during its forthcoming meeting on May 21. 

published on : 23rd April 2019

Forex kitty continues to swell, adds another USD 1.1 billion

Reserves had increased by USD 1.876 billion to USD 413.781 billion last week.

published on : 19th April 2019

RBI proposes to allow fintech start-ups to test regulatory sandbox

According to the draft, the target applicants for entry to the RS are financial technology (fintech) firms which meet the eligibility conditions prescribed for start-ups by the government.

published on : 18th April 2019
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