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Page 154 - Reserve Bank Of India

FATF called for enhanced due diligence on Myanmar following blacklist: RBI

Earlier in February 2020, Democratic People's Republic of Korea (DPRK) and Iran was put on blacklist by the anti-terror financing and anti-money laundering watchdog

FATF called for enhanced due diligence on Myanmar following blacklist: RBI
Updated On : 27 Oct 2022 | 11:24 PM IST

Future sentiment score hints a decline in housing market momentum in Q4

The Current sentiment score has declined marginally from 62 in the second quarter of 2022 to 61 in the third quarter of 2022.

Future sentiment score hints a decline in housing market momentum in Q4
Updated On : 27 Oct 2022 | 11:21 PM IST

SBI Card Q2 net profit jumps 52% to Rs 526 crore on low provisions

Impairment losses and bad debts declined 8 per cent YoY to Rs 546 crore but was up 21 per cent sequentially.

SBI Card Q2 net profit jumps 52% to Rs 526 crore on low provisions
Updated On : 27 Oct 2022 | 10:59 PM IST

Explained: Mahatma to Mangalyaan, how currency notes evolved in India

Delhi's Chief Minister Arvind Kejriwal said that efforts to make India wealthy would only bear fruit with blessings from gods and goddesses.

Explained: Mahatma to Mangalyaan, how currency notes evolved in India
Updated On : 27 Oct 2022 | 10:43 PM IST

Reserve Bank to hold additional monetary policy meeting on November 3

The MPC hiked the policy repo rate by 50 basis points (bps) to 5.9 per cent in the last policy review, announced on September 30

Reserve Bank to hold additional monetary policy meeting on November 3
Updated On : 27 Oct 2022 | 5:19 PM IST

'Lakshmi-Ganesh on rupee': Can Centre change the look of Indian banknotes?

Any decision related to the changes that are made in the design and form of bank notes and coins are governed by the Reserve Bank of India (RBI) and the central government

'Lakshmi-Ganesh on rupee': Can Centre change the look of Indian banknotes?
Updated On : 26 Oct 2022 | 11:30 PM IST

Rupee trade with few nations may start, internationalisation will take time

Negotiations are on with Russia, Cuba and Sudan among others to do so. Officials are hopeful that Saudi Arabia, UAE and Luxembourg would also come on board

Rupee trade with few nations may start, internationalisation will take time
Updated On : 26 Oct 2022 | 8:16 AM IST

Top Headlines: RBI's liquidity infusion; Google fined Rs 936 crore by CCI

Walmart Inc-backed Flipkart is considering raising $2 billion to $3 billion at a valuation of more than $40 billion to expand its product range in India and challenge rivals

Top Headlines: RBI's liquidity infusion; Google fined Rs 936 crore by CCI
Updated On : 26 Oct 2022 | 7:55 AM IST

RBI's liquidity infusion largest since April 2019 as surplus cash dries up

Lack of repo suggests RBI tolerance of higher money mkt rates: Analysts

RBI's liquidity infusion largest since April 2019 as surplus cash dries up
Updated On : 25 Oct 2022 | 11:20 PM IST

Rupee trade with few nations may start, internationalisation will take time

Rupee trade with few nations may start, internationalisation will take time

Rupee trade with few nations may start, internationalisation will take time
Updated On : 25 Oct 2022 | 10:50 PM IST

RBI optimistic on the state of economy

Bank credit is increasing by double digits and the sustained surge in goods and service tax collections is signalling growing formalisation of the economy

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Updated On : 23 Oct 2022 | 11:03 PM IST
Q2 scorecard: Banks' loan growth outpaces deposits by a huge margin
Updated On : 23 Oct 2022 | 10:21 PM IST

Andhra, Telangana, Punjab frequently use RBI's short-term liquidity windows

: Andhra, Telangana, Rajasthan and Punjab along with three north-eastern states are repeatedly using the Reserve Bank's special short-term liquidity windows instead of market borrowings, indicating their serious cash imbalances, says a report. The north-eastern states which are over and again using these facilities are Manipur, Mizoram and Nagaland. The central bank offers three short-term liquidity windows -- special drawing facility (SDF; for 5 working days), ways and means advances (WMA, for 5 working days) and over draft (OD, for 14 working days) facilities to states to tide over their liquidity needs. One of the main reasons for the states to use these windows is the cheaper pricing than market borrowings. Till August, states have availed SDF facility at an average rate of 3.2-4.2 per cent, while state bonds are priced at 7.8 per cent or more. A recent RBI study has identified 10 "vulnerable states" in terms fiscal management -- Andhra Pradesh, Bihar, Haryana, Jharkhand, Keral

Andhra, Telangana, Punjab frequently use RBI's short-term liquidity windows
Updated On : 23 Oct 2022 | 2:32 PM IST

India's foreign exchange reserves at lowest level since July 2020

The fall in foreign exchange reserves was primarily on account of a decline in the RBI's foreign currency assets that fell $2.8 billion on-week to $468.87 billion

India's foreign exchange reserves at lowest level since July 2020
Updated On : 21 Oct 2022 | 11:45 PM IST

RBI lifts ban on new branches by Tamilnad Mercantile Bank

At present, the bank has 509 branches -- 106 rural, 247 semi-urban, 80 urban and 76 in metropolitan

RBI lifts ban on new branches by Tamilnad Mercantile Bank
Updated On : 21 Oct 2022 | 8:52 PM IST

Banks' loans rose 17.9% in two weeks to Oct 7, deposit up 9.6%: RBI data

Indian banks' loans rose 17.9% in the two weeks to Oct. 7 from a year earlier, while deposits rose 9.6%, the Reserve Bank of India's weekly statistical supplement showed on Friday

Banks' loans rose 17.9% in two weeks to Oct 7, deposit up 9.6%: RBI data
Updated On : 21 Oct 2022 | 6:39 PM IST

RBI should focus on softening core inflation: MPC's Shashanka Bhide

"As far as monetary policy is concerned, moderation in the core inflation should be the priority," Shashanka Bhide, an external member of the Reserve Bank of India's monetary policy committee, said

RBI should focus on softening core inflation: MPC's Shashanka Bhide
Updated On : 21 Oct 2022 | 3:00 PM IST

Rupee at fresh low as Fed rate hike fears intensify, dollar strengthens

RBI not yet seen intervening heavily for the rupee, expected to step in around 83.40/$1 mark

Rupee at fresh low as Fed rate hike fears intensify, dollar strengthens
Updated On : 20 Oct 2022 | 12:34 PM IST

India's economic growth outlook stagnates, stuck in lower gear: Report

India's economy will grow well below its potential over the next two years, with inflation staying above the mid-point of the RBI's tolerance band, according to a Reuters poll

India's economic growth outlook stagnates, stuck in lower gear: Report
Updated On : 20 Oct 2022 | 9:36 AM IST

Administrator seeks RBI nod to restructure Reliance Capital into four CICs

Will help bidders for its insurance business to avoid Irdai's 5-year lock-in

Administrator seeks RBI nod to restructure Reliance Capital into four CICs
Updated On : 20 Oct 2022 | 12:45 AM IST