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Page 260 - Reserve Bank Of India

A no-action monetary policy buys time for growth

The job of breaking the back of inflation is left to the government's proactive supply management strategies, for now

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Updated On : 04 Dec 2020 | 8:43 PM IST

Suggestion to allow corporates in banking not RBI's view: Governor Das

RBI's Internal Working Group's (IWG) suggestion to allow corporates into banking has received sharp criticism from experts

Suggestion to allow corporates in banking not RBI's view: Governor Das
Updated On : 04 Dec 2020 | 5:58 PM IST

Initial response looks 'positive' for PMC Bank resolution: RBI Governor

The last date for submission of EoI by potential investors is December 15.

Initial response looks 'positive' for PMC Bank resolution: RBI Governor
Updated On : 04 Dec 2020 | 4:23 PM IST
Sensex gains 447 pts, ends at 45,080 as RBI revises FY21 GDP growth outlook
Updated On : 04 Dec 2020 | 4:10 PM IST

RBI's status quo on policy rates to aid economic recovery: Experts

India Inc and experts on Friday said the RBI's decision to hold interest rates will support economic recovery in the aftermath of the Covid-19 pandemic.

RBI's status quo on policy rates to aid economic recovery: Experts
Updated On : 04 Dec 2020 | 3:19 PM IST

RBI proposes liquidity enhancing measures for RRBs, directions to come soon

After banks and NBFCs, the Reserve Bank of India (RBI) has now decided to facilitate a more efficient liquidity management in Regional Rural Banks

RBI proposes liquidity enhancing measures for RRBs, directions to come soon
Updated On : 04 Dec 2020 | 1:32 PM IST

RBI to introduce digital payment security control directions: Governor Das

RBI Governor Shaktikanta Das said the central bank will be introducing digital payment security control directions for regulated entities

RBI to introduce digital payment security control directions: Governor Das
Updated On : 04 Dec 2020 | 1:13 PM IST

RBI asks banks to retain profit, not make any dividend payment for FY20

In view of the economic shock caused by Covid-19, the Reserve Bank of India asked scheduled commercial banks and co-operative banks not to make any dividends for the financial year ended March 2020

RBI asks banks to retain profit, not make any dividend payment for FY20
Updated On : 04 Dec 2020 | 1:12 PM IST

RTGS to be made available 24X7 in next few days: RBI Governor

RBI said that the Real Time Gross Settlement (RTGS) system, used for large value transactions, will be made available round-the-clock in the next few days

RTGS to be made available 24X7 in next few days: RBI Governor
Updated On : 04 Dec 2020 | 1:00 PM IST

RBI pegs retail inflation at 6.8 percent for the December quarter

The Reserve Bank of India said retail inflation is likely to remain elevated and pegged it at 6.8 per cent for the third quarter of the current fiscal

RBI pegs retail inflation at 6.8 percent for the December quarter
Updated On : 04 Dec 2020 | 12:49 PM IST

RBI strengthens grievance redress framework of banks for better service

RBI has decided to put in place a comprehensive framework to strengthen and improve the efficacy of the internal grievance redress mechanism of the banks and to provide better customer service

RBI strengthens grievance redress framework of banks for better service
Updated On : 04 Dec 2020 | 12:44 PM IST

Economy to contract at 7.5 per cent for FY21 due to Covid-19 impact: RBI

The Reserve Bank of India revised its forecast of economic growth for the current fiscal year (2020-21) to minus 7.5 per cent compared to its earlier forecast of minus 9.5 per cent

Economy to contract at 7.5 per cent for FY21 due to Covid-19 impact: RBI
Updated On : 04 Dec 2020 | 12:16 PM IST

Sensex, Nifty hit record highs as RBI kept rates steady amid high inflation

Indian shares hit record highs after the country's central bank kept interest rates steady in the face of stubbornly high inflation, while also retaining its accommodative monetary policy stance

Sensex, Nifty hit record highs as RBI kept rates steady amid high inflation
Updated On : 04 Dec 2020 | 12:16 PM IST

RBI's move to keep key interest rates steady was expected, experts say

The Reserve Bank of India kept key interest rates steady as widely expected amid persistently high inflation, and after a better-than-expected reading on economic growth

RBI's move to keep key interest rates steady was expected, experts say
Updated On : 04 Dec 2020 | 12:04 PM IST

RBI keeps repo rate unchanged at 4%; maintains accommodative stance

The RBI MPC voted unanimously to keep the key policy rate unchanged

RBI keeps repo rate unchanged at 4%; maintains accommodative stance
Updated On : 04 Dec 2020 | 10:36 AM IST

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

Based on an exchange's surveillance report, the regulator is examining trading in the scrip between 2018 and 2019

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'
Updated On : 02 Dec 2020 | 11:37 PM IST

RBI Monetary Policy: Here's what to expect from the December meeting

The members of the Reserve Bank of India's fourth bi-monthly monetary policy Committee began their three-day meeting today, and are expected to announce the outcome on Friday

RBI Monetary Policy: Here's what to expect from the December meeting
Updated On : 02 Dec 2020 | 7:55 PM IST

Best of BS Opinion: RBI monetary policy, fiscal prudence, and more

Here are the best of Business Standard's Opinions for today

Best of BS Opinion: RBI monetary policy, fiscal prudence, and more
Updated On : 02 Dec 2020 | 6:40 AM IST

Rupee hits one-month high on foreign fund inflows, traders wary of RBI

RBI has been aggressively buying dollars to prevent sharp appreciation in rupee and ensure export competitiveness

Rupee hits one-month high on foreign fund inflows, traders wary of RBI
Updated On : 02 Dec 2020 | 2:08 AM IST

A three-pronged strategy

Lay out a credible fiscal consolidation plan, reverse tax buoyancy decline, and boost non-tax revenues

A three-pronged strategy
Updated On : 01 Dec 2020 | 9:38 PM IST