RBI Tightens Credit Card and Personal Loan Regulations
On Thursday, the central bank raised the risk weights on credit card exposures for banks and non-bank financial institutions (NBFCs) by 25 percentage points, to 150% and 125%, respectively.
India’s inflation further eases; here’s what experts have to say
CPI has continued on a downward trajectory for the third straight month. Core inflation has also trended down during this period.
Monetary Ceiling Of Gold Loans Increased To 4 Lakhs For UCBs By RBI
The step is a part of several initiatives to strengthen cooperatives and treat them equally with other types of economic entities, both as beneficiaries and participants.
RBI Keeps Repo Rate At 6.5%
According to Shaktikanta Das, the current fiscal year's growth target remains at 6.5 percent with risks evenly balanced..
₹2,000 Note Exchange Deadline Approaching: What You Need To Do In Next 5 Days
While RBI guidelines don't require an ID proof for exchange, some public sector banks may have varying requirements, so it's advisable to have one handy.
G20 Summit: Unique Experiences For Visitors At Bharat Mandapam
Around 30 States and UTs as well as Central agencies like Khadi Village and Industries Commission, TRIFED etc will be participating in the Crafts Bazaar.
Reliance Industries Gets A Nod From The RBI to Retain $2 Billion Surplus From Lenders
Ambani-led Reliance Industries Ltd has obtained a nod from the Reserve Bank of India to retain $2 billion.
Manappuram Finance fined For Rs 20 Lakh For Rule Violations
Manappuram Finance has been fined Rs 20 lakh by the Reserve Bank as it failed to comply with some NBFC regulations.
RBI Decides To Keep Policy Rates Unchanged
The benchmark lending rate at the Reserve Bank of India has been unanimously decided to remain at 6.5 per cent.
India’s Economy Continues To Grow In Fourth Quarter Of Latest Fiscal Year: Bloomberg
Reserve Bank of India (RBI) Governor Shaktikanta Das said last week that growth in 2022-23 could exceed the official forecast of 7%.
