RBI

The Reserve Bank of India (RBI) accepted the $5 billion it targeted from banks at its currency swap auction to ease liquidity ahead of the financial year-end this month. According to media reports,...
Mar 27, 2019
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The Reserve Bank of India (RBI) has postponed roll out of the new accounting standards (IndAS) for the second time, Business Standard reported. The report said the central bank is awaiting amendments...
Mar 25, 2019
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As fiscal federalism gathers momentum in the era of uniform goods and services tax (GST), Reserve Bank of India (RBI) governor Shaktikanta Das has given a call for a permanent status to Finance...
Mar 20, 2019
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A meeting was held between senior Reserve Bank of India (RBI) officials and about two dozen bankers on Monday to get the latter’s feedback on the central bank's new cash infusion tool, said a report...
Mar 19, 2019
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‘Private Corporate Investment in 2018-19: Slow Recovery Underway’ a study by S Sujeesh Kumar and RK Sinha of RBI's Department of Statistics and Information Management, says the projects sanctioned in...
Mar 18, 2019
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On March 26, Reserve Bank of India (RBI) Governor Shaktikanta Das is scheduled to hold discussions with representatives of trade bodies and credit rating agencies on interest rate and steps to boost...
Mar 18, 2019
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The Reserve Bank of India (RBI) has sharply criticized credit rating firms for their failure to identify financial troubles in various companies, especially in the case of IL&FS, media reports....
Mar 08, 2019
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The Reserve Bank may cut rates to the tune of 75-100 basis points in the next financial year, as inflation is likely to remain under 4 per cent till October, says a UBS report. The forecast also...
Feb 27, 2019
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A meeting of a group of ministers (GoM) on power under finance minister Arun Jaitley took place Monday to discuss ways to resolve the bad loan crisis in the sector, reports media. The GoM discussed...
Feb 26, 2019
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Explaining the reasons for the surprise rate cut earlier this month, the Reserve Bank said on Thursday that the Monetary Policy Committee noted the “weakened growth momentum” amidst inflation cooling...
Feb 22, 2019
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The Reserve Bank of India has cut the repo rate by 25 basis points in its sixth bi-monthly monetary policy statement for 2018-19.   The Reserve Bank of India, led by Governor Shaktikanta Das,...
Feb 07, 2019
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The Reserve Bank of India is likely to change its monetary policy stance to "neutral" from "calibrated tightening" on Thursday and move closer to a rate cut in April as inflation remains below the...
Feb 05, 2019
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Reserve Bank of India (RBI) governor Shaktikanta Das today met the chief executives of the various public sector banks (PSBs).    During discussion, Das conveyed regulator’s expectations from...
Jan 28, 2019
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The industrialists on Thursday appealed to the Reserve Bank of India (RBI) to slash the repo rate and cash reserve ratio (CRR) by 50 basis points (bps) each.   They said these measures will...
Jan 18, 2019
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The Reserve Bank of India (RBI) on Wednesday announced a new external commercial borrowings (ECBs).   The new policy allows all eligible entities to raise foreign funding under the automatic...
Jan 17, 2019
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The Reserve Bank of India on Tuesday said it would inject Rs 10,000 crore into the system through purchase of government securities. The move in aimed to increase liquidity into the system, it said...
Jan 16, 2019
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The data released by the Central Statistics Office (CSO) on Monday projects economy would grow at 7.2 per cent this fiscal, against 6.7 per cent in FY18. The CSO has also kept GDP estimate lower...
Jan 08, 2019
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From the October's peak of Rs 74.5, Indian rupee is most likey to appreciate to Rs 68 against the US dollar in the next 5-6 months. Given below is a brief note on the rationale behind this forecast...
Dec 27, 2018
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Demonetisation seems to have brought a noticeable shift in deposit behaviour among countrymen.   As reported by Businesssline, a study by the Reserve Bank of India (RBI) said households shifted...
Dec 17, 2018
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American multinational financial services corporation Mastercard has said it will start deleting data of Indian cardholders from global servers.   The company said it has asked the Reserve Bank...
Dec 17, 2018
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The board of the Reserve Bank of India (RBI) is holding a meeting to decide on a new economic capital framework (ECF) for the central bank and relaxation in prompt corrective action (PCA) norms for...
Dec 14, 2018
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In its fifth bi-monthly monetary policy review, the Reserve Bank of India (RBI) has kept its policy rates unchanged and cut its inflation forecast for the rest of the financial year, citing a sharp...
Dec 06, 2018
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The RBI will provide another set of cash in December by infusing ₹40,000 crore into the system through open market operations (OMOs).   “Based on an assessment of the durable liquidity needs...
Nov 28, 2018
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The Reserve Bank of India (RBI) has refused to share information about non­performing assets (NPAs) and loan defaulters sought by the Securities and Exchange Board of India (Sebi), according to...
Nov 16, 2018
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The International Monetary Fund (IMF) has called for the autonomy of Reserve Bank of India (RBI). The international institute said as an international practice there should be no government or...
Nov 02, 2018
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The Reserve Bank of India (RBI) has issued the guidelines for interoperability among different kinds of prepaid instruments (PPIs), including e-wallets, meal vouchers and gift vouchers.   As...
Oct 17, 2018
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The growth of non-bank financial companies will be a thing of the past, with revelation of money market defaults by Infrastructure Leasing & Financial Services (IL&FS).   NBFCs roped in...
Oct 08, 2018
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In its fourth bi-monthly monetary policy statement of 2018, the Reserve Bank of India (RBI) has kept the repo rate (key lending rate) unchanged at 6.5 per cent.   The move to maintain status...
Oct 05, 2018
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The ever-falling rupee has aroused concerns in the market. However, a report by the State Bank of India and Nomura Holdings Inc. says Reserve Bank of India has enough money to defend the rupee...
Sep 20, 2018
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Reserve Bank of India (RBI) deputy governor Viral V Acharya has called for a new law that can help set up the proposed public credit registry (PCR), which can fix wrongdoings in the financial data...
Aug 21, 2018
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The digital payments market in India is expected to grow to $1 trillion by 2023 driven by spurt in mobile payments, presenting huge business opportunities for players in the digital space, said a...
Aug 03, 2018
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The Reserve Bank of India (RBI), in its third policy statement of 2018-19 announced today, has hiked key interest rate by 25 basis points to 6.5 per cent.   "On the basis of an assessment of...
Aug 01, 2018
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The gross bad loans of public sector banks (PSBs) has risen to 14.6 per cent of advances in 2017-18.   The minister of state for finance Shiv Pratap Shukla said in Parliament in a written reply...
Jul 25, 2018
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The Reserve Bank of India (RBI) and the Finance Ministry should work in unison to ensure that rupee does not face any more significant fall from the current levels, as the country could then be...
Jul 04, 2018
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RBI governor Urjit Patel has suggested central bank nominee to refrain from the boards of public sector banks (PSBs) to avoid "any conflict of interest".   Patel told this while briefing...
Jun 13, 2018
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The Reserve Bank of India (RBI) has drafted guidelines on the loan system for delivery of bank credit.   The move is aimed to bring credit discipline among large borrowers, enjoying working...
Jun 12, 2018
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Reserve Bank of India appointed Sudha Balakrishnan as its first Chief Financial Officer (CFO) effective May 15.    Before joining RBI, Balakrishnan had been working with National Securities...
Jun 08, 2018
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About 20 public sector banks have incurred a loss of nearly Rs 60,000 crore in the January - March period of 2017-18.   There are just two banks - Indian Bank and Vijaya Bank - which have...
May 30, 2018
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Resevera Bank of India is set to announce its bi-monthly policy statement next week and the speculations are high if the central bank will raise interest rates.    Global firm UBS says there’s...
May 30, 2018
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  Demonetisation and government efforts to push India into becoming a cashless economy notwithstanding, and though the frequency of digital transactions have gone up with a substantial increase in...
May 22, 2018
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In a bid to ease the bankrupty resolution process, the government may be looking at a new mechanism for financial bids for companies facing bankruptcy action, says a TOI report. The attempt is aimed...
May 21, 2018
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The Centre is mulling a move to ask the Reserve Bank of India (RBI) to revise the prompt corrective action (PCA) framework, say media reports. The move is prompted by concerns that a complete...
May 18, 2018
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Credit ratings agency CARE Ratings has said that the Reserve Bank of India (RBI) may go for a rate change if the inflation touches 5 per cent mark. “In case, the inflation touches the 5 per cent mark...
May 15, 2018
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Officers of the Reserve Bank of India’s Department of Economic and Policy Research have flagged the volatility in the statistics ministry’s initial estimates of GDP, raising question on the...
May 04, 2018
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Notwithstanding RBI deputy governor Viral Acharya's suggestion for a rate hike, the finance ministry does not find any scope for upward movement of interest rates.   “My sense is that interest...
May 04, 2018
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The rise of bad loans has impacted the asset qualities highly, which resulted in the impaired monetary policy transmission in India, said a research paper by the Reserve Bank of India (RBI) staff...
May 03, 2018
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Cryptocurrencies like bitcoins are most likely to continue facing regulatory obstacles in the near term, according to ratings agency Moody's Investors Service.   In its report on fintech and...
Apr 26, 2018
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A BofA Merrill Lynch Global Research report says that the Reserve Bank may recoup forex reserves despite India being put on currency manipulator watch list by the US. According to the report, RBI...
Apr 19, 2018
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The Monetary Policy Committee (MPC) of Reserve Bank of India (RBI), in its first bi-monthly policy statement last week, decided to keep rates unchanged.    However, the neutral stand of the...
Apr 09, 2018
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