Page 182 - Reserve Bank Of India

Non-bank PSOs need approval for takeover or sale of business, says RBI

After approval, a public notice of at least 15 calendar days needs to be given before making the changes

Good time to invest in debt funds as portfolio yields rise, say experts

Opt for a mix of shorter-duration, target maturity, and dynamic bond funds

Muthoot Finance gets RBI approval to open 150 new branches across India

Gold financing company says it will hire 600 more people for the expansion

Huge treasury loss staring at banks in June quarter

Will the RBI step in again to the rescue of the banks and ensure smooth sailing of the government's record borrowing plan this year?

No GST compensation: Will the Centre find another way to give states money?

It is also important to see which states can finance a reasonable portion of their regular expenditure with their own revenue

Top Headlines: GST e-invoicing for firms, corporate earnings in FY23 & more

The central government is planning to make GST e-invoicing mandatory for companies with a turnover of Rs 5 crore and above, a government official said. Read more on this in our top headlines

Issue of opening up liabilities needs relook: Fino Payments Bank MD & CEO

Rishi Gupta, MD & CEO, Fino Payments Banks stresses for a change in regulation to allow payments banks to lend in an interaction with Manojit Saha

Pre-paid card comeback may have bolstered the case for NBFCs' plastic play

With pre-paid card players back at the drawing board, the case for the entry of NBFCs into plastic may have got stronger

Reserve Bank's DICGC to pay depositors of two co-operative banks in August

DICGC, a wholly-owned subsidiary of the RBI, provides an insurance cover of up to Rs 5 lakh on bank deposits

RBI pegs state govt market borrowing for July-Sept at Rs 2.1 trillion

Actual borrowings and state-wise breakup will be intimated 2-3 days prior to auction day; RBI to try and ensure auctions are held in non-disruptive manner considering mkt conditions

New project investments hint at road to normalcy, touch Rs 3.57 trn in Q1

Around Rs 87,000 crore worth of projects were completed in June 2022. The completion rate was 22.5 per cent higher than last year

Rupee breaches 79, sheds 0.9% this week as FII outflows, CAD worries grow

The rupee losses on Friday were, however, limited by dollar sales by exporters, who felt that the domestic unit may not fall much further, given the sharp depreciation seen this week

India's payment systems improve standing in global benchmarking exercise

The number of indicators describing the country as "weak" declined to eight from 12 in 2019

Pain for rupee likely as India's trade gap, capital outflows balloon

A shortfall in India's current account -- the broadest measure of trade -- will probably widen to 2.9% of gross domestic product in the fiscal year ending March 31

PSBs back on growth path as India's economic recovery gains traction

While the impetus to double-digit credit growth was from wholesale lending, retail credit growth continued to be robust

Rupee consolidates against dollar after sharp depreciation this week

Dealers say magnitude of RBI interventions slowed down over past couple of days

Robust credit growth continues, small and mid-size businesses gain

RBI data showed that credit to industry grew 8.7 per cent in May

RBI's financial stability report flags risks with public debt profile

A credible strategy to ensure debt sustainability calls for reducing primary deficits, the central bank said in its Financial Stability Report

Don't think today's situation calls for negative real rates: Jayanth Varma

Either inflation has to come down on its own or we will have to raise the rate, or it will be a combination of the two, says MPC member Varma

Cryptocurrencies are a 'clear danger': RBI governor Shaktikanta Das

Indian fintech industry value projected to hit $150 bn by 2025