RBI Expected To Cut Repo Rate By 100 Basis Points By 2025 End: Nomura Report
The Reserve Bank has said it will continue to undertake liquidity management operations in sync with the monetary policy stance to keep system liquidity adequate to meet the productive requirements of the economy.
Jun 03, 2025, 19:23 PM IST
India Has 879.59 Metric Tonnes Of Gold, 511.99 MT Held Domestically: RBI
The foreign currency assets comprise multi-currency assets that are held in multi-asset portfolios as per the existing norms, which conform to the best international practices followed in this regard.
May 05, 2025, 19:08 PM IST
RBI'S Move To Inject Rs 1.9 Lakh Crore Liquidity Seen As Positive For Banks
In a big relief for banks, RBI Governor Sanjay Malhotra had also announced the postponement of the proposed Liquidity Coverage Ratio (LCR) as well as project financing norms by a year.
Mar 06, 2025, 14:23 PM IST
More RBI Rate Cuts On Cards, Stance Likely To Change From Neutral To Accommodative
On liquidity, the central bank has urged banks to lend in the un-collateralised call market, instead of parking that money with the RBI.
Feb 10, 2025, 11:02 AM IST
RBI Likely To Go For Steps To Spur Growth In February Monetary Policy Review: Jefferies
The RBI had, in its monetary policy review on December 6, slashed the cash reserve ratio (CRR) for banks by 0.5 per cent to make more funds available for lending to spur economic growth but kept the key policy repo rate unchanged at 6.5 per cent with an eye on inflation.
Jan 29, 2025, 15:40 PM IST
RBI To Maintain Continuity And Stability In Policy Matters: RBI Governor Sanjay Malhotra
Sanjay Malhotra has assumed office as the 26th Governor of the RBI will serve a three-year term as the head of the central bank.
Dec 11, 2024, 19:01 PM IST
RBI Penalises 3 Housing Finances Firms For Violating Norms
The penalties have been imposed in the exercise of powers conferred on the RBI under the provisions of Section 52A of the National Housing Bank Act, 1987.
Sep 07, 2024, 09:47 AM IST
NIPL Ties Up With Central Bank Of Peru For UPI-Like Payment System In Peru
The partnership between India and Peru aims to fortify Peru's financial infrastructure and spur its economic growth.
Jun 05, 2024, 17:17 PM IST
RBI Fines Hero FinCorp Rs 3.1 Lakh For Violating Fair Practices Code
Hero FinCorp did not convey the terms and conditions of loans in writing to borrowers in the vernacular language understood by them, it said.
May 25, 2024, 15:01 PM IST
Ukrainian Central Bank Issues New Currency Note on first anniversary of Russia-Ukraine War
Russia-Ukraine World War has completed one year today. Meanwhile, the Central Bank of Ukraine issued a new note. A glimpse of the Ukrainian flag was seen in this note. Further in this report, watch 100 big headlines of the day in a flash.
Feb 24, 2023, 09:14 AM IST
RBI governor Shaktikanta Das launches Utkarsh 2.0; Central bank to use AI, ML for data analysis
Against the backdrop of a challenging global and domestic environment, Utkarsh 2.0 commences from 2023, when India assumes the G-20 Presidency.
Dec 30, 2022, 20:04 PM IST
RBI planning to adopt 'expected loss' approach for banks' loan provisioning
RBI Governor said the approach to make provisions or set aside money on the probable losses is a globally accepted prudent norm. At present, larger non-bank lenders have already been using the expected loss approach for provisioning since 2018.
Sep 30, 2022, 12:33 PM IST
ICICI Bank launches new credit card, will get free insurance of 2 lakhs and these benefits
ICICI RuPay Credit Cards: Sudipta Roy, the credit card head of ICICI Bank while launching this card said that we have always given priority to the convenience of the customers.
Aug 30, 2022, 00:20 AM IST
NITI Aayog submits privatisation list: THESE two banks are top contenders
The government had earlier indicated that banks under prompt corrective action (PCA) framework or weaker banks would be kept out of privatisation as it would be difficult to find buyers for them. This would have left three PSBs – Indian Overseas Bank, Central Bank and UCO Bank out of the government’s disinvestment plan.
Jun 04, 2021, 18:21 PM IST
Do you have an account in THESE 4 state-run banks shortlisted for privatisation? Is your money safe?
Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, while presenting the Union Budget FY 2021-22 in Parliament announced that government has approved a policy of strategic disinvestment of public sector enterprises that will provide a clear roadmap for disinvestment in all non-strategic and strategic sectors.
Feb 16, 2021, 16:13 PM IST
THESE 4 banks shortlisted for privatisation: Know the banks' total workforce, other details
Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, while presenting the Union Budget FY 2021-22 in Parliament announced that government has approved a policy of strategic disinvestment of public sector enterprises that will provide a clear roadmap for disinvestment in all non-strategic and strategic sectors.
Feb 16, 2021, 10:14 AM IST
Modi govt's big move! Four state-run banks shortlisted for privatisation: Reports
Two of those banks will be selected for sale in the 2021/2022 financial year which begins in April, the officials said. The shortlist has not previously been reported. The government, however, will continue to hold a majority stake in India`s largest lender State Bank of India, which is seen as a `strategic bank` for implementing initiatives such as expanding rural credit.
Feb 15, 2021, 18:01 PM IST
Government eying merger of four Public Sector Banks amidst rising bad loans
These PSBs reportedly have a cumulative loss of Rs 21,646.38 crore for the financial year 2017-18.
Jun 05, 2018, 12:28 PM IST
Over dozen PSBs to get Rs 46K crore capital infusion this month
These banks, including SBI, PNB, Bank of Baroda, Central Bank, Union Bank and OBC, have called shareholders' meetings this month to pass the resolution to allot preferential shares to government so as to receive the capital.
Mar 09, 2018, 09:06 AM IST
Indian bond yields fall after RBI cancels open market sale of debt
The bond market, which got a shot in the arm on Friday after Moody`s upgraded India`s sovereign rating pared almost all the gains on that day, resumed the rally on Monday boosted by the cancellation of OMO sale which to traders was a signal that the central bank was not happy with high yields.
Nov 20, 2017, 11:59 AM IST