 "What is Reserve Bank of India (RBI)")
Reserve Bank of India
What is Reserve Bank of India (RBI)
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Latest Updates on Reserve Bank of India
98.18% of Rs 2,000 notes returned, Rs 6,471 cr worth still with public: RBI
On May 19, 2023, the Reserve Bank of India (RBI) announced the withdrawal of Rs 2,000 denomination banknotes from circulation
RBI imposes penalty on HSBC, IIFL Samasta Finance for violating norms
With reference to HSBC's financial position as on March 31, 2023, RBI found that the bank had outsourced the disposal or closure of anti-money laundering (AML) alerts to a group company
RBI relaxing risk weights to release Rs 40,000 cr capital for banks
Bandhan Bank and IndusInd Bank likely to be biggest beneficiaries of the moves since both have high microfinance exposure
CII's legal committee pushes for appellate body for financial sector
The legal committee wants all financial regulators, including the RBI, to be under the ambit of the new body
Bandhan Bank, Ujjivan Small Finance Bank major beneficiaries of RBI move
The reversal in risk weights on MFI loans from 125 per cent to 100 per cent and 75 per cent will help reduce risk weighted assets or RWAs for banks
Rupee reverses losses, ends flat at 87.2 per dollar on likely RBI support
The rupee opened six paise weaker against the greenback, tracking the rise in the dollar index
Reserve Bank of India frees up bank capital with NBFC risk weight rollback
Following the increase in risk weights, bank loan growth to shadow banks fell sharply
Rupee records steepest single-day fall in 3 weeks against US dollar
The rupee depreciated by around 50 paisa, or 0.58 per cent, to settle at 87.21 against the dollar, compared to the previous close of 86.71 per dollar
Datanomics: Urban areas record higher consumption expenditure disparity
Monthly consumption expenditure by Scheduled Tribe (ST) households is 17.2 per cent less in rural areas and 13.5 per cent less in urban areas compared to the national average in FY24 (July-June)
RBI raises UCBs' small-value loans per borrower cap to Rs 3 crore
According to RBI norms, UCBs are required to have at least 50 per cent of their aggregate loans and advances consisting of small value loans by March 31, 2026
Credit card spending rises by 10.8% to Rs 1.84 trn in Jan 2025: RBI data
Per card spending in the industry stood at Rs 16,910, up 1.09 per cent from the same period last year
RBI draft norms on foreclosure charges to hit lenders' profits: Analysts
The hit on non-banking financial companies (NBFCs) would be larger compared to banks, they said
A year on, Paytm Payments Bank nudges users to reactivate wallets
The reactivation effort comes at a time when the payments bank has lost 72.25 per cent of its prepaid payment instrument (PPI) wallets from 363.15 million
Former RBI Guv Shaktikanta Das appointed Principal Secretary-2 to the PM
Former RBI Governor Shaktikanta Das has been appointed as Principal Secretary-2 to Prime Minister Narendra Modi. His tenure will be co-terminus with the prime minister's term or until further orders
RBI likely to hold fresh talks on project financing in three months
Last year in May 2024, RBI released a draft direction outlining the prudential framework for project loan financing
RBI to conduct $10 billion buy/sell swap to infuse durable liquidity
The RBI has injected over Rs. 3.6 trillion of durable liquidity into the banking system so far through a combination of OMO purchases, FX swaps, and longer-duration variable rate repo auctions
Reserve Bank of India for foreclosure of biz loans to MSEs, individuals
The RBI has invited comments and feedback from stakeholders and the public on the draft circular by March 21
Reserve Bank of India issues norms for forward contracts in G-secs
Aims to assist long-term investors in managing cash flows
Tata Capital board to meet next week to decide on rights issue plans
The board's meeting, to discuss the size and timing of the rights issue, came shortly after the company sought shareholders' approval in January
RBI warns of excessive unsecured loans, euphoria over derivative products
RBI deputy governor M Rajeshwar Rao emphasises on meaning engagement beyond account opening
