Business Standard

Tuesday, December 24, 2024 | 07:46 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Page 15 - Latest Updates on Reserve Bank of India

RBI releases framework for financial market self-regulatory organisations

The proposed self-regulatory organisations (SROs) can play a vital role in developing industry standards and best practices and ensuring that members adhere to these

Image
Updated On : 19 Aug 2024 | 5:51 PM IST

RBI approves Salee Sukumaran Nair as MD, CEO of Tamilnad Mercantile Bank

Nair, a postgraduate in applied electronics, started his banking career in 1987

Image
Updated On : 16 Aug 2024 | 11:16 PM IST

RBI levies penalty on BoM, Hinduja Leyland Finance, Poonawalla Fincorp

The Reserve Bank of India (RBI) has, by an order dated August 8, 2024, imposed a monetary penalty of Rs 1.27 crore on Bank of Maharashtra for non-compliance with certain directions

Image
Updated On : 17 Aug 2024 | 12:03 AM IST

RBI tightens norms for P2P lending platforms to improve transparency

No loan should be disbursed unless the lenders and the borrowers have been matched/mapped as per the board-approved policy framed, it added

Image
Updated On : 16 Aug 2024 | 6:47 PM IST

Data story: How digital payments in India have evolved over the years

Widespread adoption of digital payments has facilitated rapid, low-cost transactions and easy withdrawals through banking and mobile apps

Image
Updated On : 16 Aug 2024 | 12:08 PM IST

RBI might ask banks dealing with UAE to push direct rupee-dirham settlement

The move is part of India's attempt to increase trade settlement in the rupee and reduce reliance on the dollar, an ambition that has evaded most nations

Image
Updated On : 16 Aug 2024 | 12:02 PM IST

SBI raises MCLR by 10 basis points for all tenors; 3rd hike in 3 months

The latest increase in MCLR by SBI comes days after the RBI left the repo rate unchanged at 6.5 per cent

Image
Updated On : 15 Aug 2024 | 5:57 PM IST

'India, Russia central banks renew talks to expand local currency trade'

The discussions between the two central banks involve setting a reference rate between two local currencies for trade instead of determining the value of currencies against the US dollar

Image
Updated On : 14 Aug 2024 | 9:19 PM IST

Widespread adoption of digital payments raises operational risks: RBI DG

The 24/7 availability of online and mobile banking can heighten vulnerabilities, potentially accelerating bank runs and liquidity crises during periods of stress, he said

Image
Updated On : 14 Aug 2024 | 2:20 PM IST

India bond yields marginally lower as traders await US inflation data

India's retail inflation eased in July due to vegetable inflation falling and high base effect as annual retail inflation was 3.54 per cent in July, lowest since Aug 2019, down from 5 per cent in June

Image
Updated On : 14 Aug 2024 | 10:59 AM IST

Slowing consumer demand, growth risks fuel calls for interest rate cuts

The Reserve Bank of India has kept interest rates unchanged for more than 18 months, with Governor Shaktikanta Das saying last week that food prices remain a worry

Image
Updated On : 13 Aug 2024 | 8:21 PM IST

RBI deputy Guv cautions against use of CBDC as 'safe havens' during crisis

During crises, CBDCs could be perceived as a safe haven, rendering uninsured bank deposits more prone to withdrawal and increasing risk of bank runs, says Patra

Image
Updated On : 13 Aug 2024 | 10:54 PM IST

India, Russia explore dynamic rupee-rouble rate to overcome trade issues

RBI deputy governor T Rabi Sankar and top officials of some public sector banks are visiting Moscow for a meeting of the India-Russia Joint Business Council for banking and finance

Image
Updated On : 13 Aug 2024 | 11:35 AM IST

NBFC depositors can prematurely withdraw entire amount within 3 months: RBI

In its review of regulations governing NBFCs, the central bank said no interest will be paid for such premature withdrawals and added that these changes will be in force from January 1, 2025

Image
Updated On : 12 Aug 2024 | 11:14 PM IST

Statsguru: Rising food prices in India spoil the taste of platter

In June, food inflation was at its highest rate since December at 9.36 per cent, while the headline inflation was at 5.08 per cent

Image
Updated On : 11 Aug 2024 | 10:25 PM IST

Bank deposits: Barking up the wrong tree?

Despite efforts to boost deposit growth, credit growth is outpacing deposits. Traditional strategies are not working. Are we missing the big picture?

Image
Updated On : 11 Aug 2024 | 5:09 PM IST

Uncertainty in garment sector amid Bangladesh crisis, normalcy soon: FM

FM Sitharaman addresses concerns over garment sector investments in Bangladesh and urges banks to boost deposit mobilisation amidst rising economic challenges

Image
Updated On : 10 Aug 2024 | 4:34 PM IST

Sovereign green bonds trading at IFSC to start in 2nd half of FY25: RBI Guv

The government has been raising funds through green bonds since 2022-23 and has raised a total of Rs 36,000 crore in the last two years

Image
Updated On : 10 Aug 2024 | 4:00 PM IST

US recession fears hyped, but any slowdown may impact India's economy

The US economy expanded 2.8 per cent in the second quarter and 1.4 per cent in the first quarter of 2024

Image
Updated On : 09 Aug 2024 | 10:02 PM IST

Need enabling framework for ESG bond issuances in India, says RBI

Dimple Bhandia highlighted that the credit derivatives market has been another area that has struggled to take off

Image
Updated On : 09 Aug 2024 | 8:55 PM IST