Page 186 - Reserve Bank Of India

Non-banks not allowed to load credit lines on prepaid wallets, cards: RBI

RBI has asked fintech to stop this practice immediately. The change will come into effect on July 1

Bond yields plunge, rupee gains as easing crude oil buoys markets

The rupee ended the day at 77.98 to a dollar against a close of 78.07 on Friday

How Indian, Russian banks plan to bypass sanctions to facilitate trade

In a bid to ensure smooth flow of trade without violating the West's economic sanctions on Russia, the Indian banks will open accounts with their Russian counterparts, and vice versa

Kerala not in 'debt trap'; RBI article ignored ground realities: state FM

Balagopal said those who prepared the report did not take into account the difficulties faced by his state due to outbreak of Covid-19 and Nipah and natural calamities like floods in 2018 and 2019

YES Bank's plan to sell Rs 12,000-cr bad loans to ARC faces delay

RBI wants the bank to avoid any conflict of interest with the ARC as YES Bank plans to hold a minority stake in the same ARC

The story behind the choice of RBL Bank CEO

Does this smack of the regulator's lack of confidence in the bank's board?

Regulatory engagement: A sine qua non

It is time for an engagement strategy document incorporating best practices of other central banks in key markets

RBI aims to make India a powerhouse of payments globally by 2025: Experts

The RBI came out with its 'Payments Vision 2025' document which also talks about ring-fencing of domestic payment systems, including the need to mandate domestic processing of payment transactions

Millath cooperative bank's licence cancelled; depositors to get full amount

Karnataka lender doesn't have adequate capital or earning prospects, says RBI in statement.

Payments Vision 2025: RBI aims to regulate BigTech, FinTechs, BNPL services

Other goals in RBI's vision document include launch of CBDC, linking credit cards and credit components of banking products to UPI

Defer, reschedule or switch loan if EMIs have increased: Experts

Here are four ways to deal with a rising EMI burden, all of which will, however, require hard negotiations with the lender

India's foreign exchange reserves decline $4.6 billion to $596 billion

RBI has been selling dollars to curb any rapid depreciation of the rupee

Targeting 'soft landing' for economy: RBI governor Shaktikanta Das

He countered arguments that the central bank should have acted early to tackle the price rise and that it was behind the curve

Forex reserves down $4.5 billion to $596.4 billion, shows RBI data

During the week ended June 10, the fall in the forex reserves was on account of a dip in Foreign Current Assets (FCAs), a major component of the overall reserves

RBI not behind curve, focus on inflation target could have been risky: Das

I feel that we are very much in line with the requirements of our time, the RBI has acted proactively: Shaktikanta Das

Will issue guidelines to make digital lending ecosystem safer: RBI Guv

Speaking on inflation, Guv Das said that had the monetary policy been tighter, the economic damage would have been enormous

Reserve Bank of India turns net buyer of dollars in April, shows data

According to the latest data, the RBI purchased $1.96 billion in April

First tranche of 2022-23 gold bonds to open for subscription on June 20

The RBI further said that the second tranche (2022-23 Series II) will be available for subscription during August 22-26, 2022

Banks' gross NPA drop below 6% in March 2022, lowest in six years

Health of the sector is encouraging: Deputy guv

India better placed to avoid stagflation risk, says RBI report

Paints an encouraging picture of economic activity gaining strength, with most GDP constituents exceeding their pre-pandemic levels