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Tag: Reserve Bank of India (RBI)
10 Results
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Reserve assets rose by USD 34.8 bn, net claims of NRI decreased by USD 12.2 bn: RBI
Despite a marginal decline in trade credits, the influx of investments and loans from abroad has contributed to the upswing in India's foreign liabilities.
March 30, 2024 -
Public sector banks asked to reassess gold loan process amid debt risk concerns
As gold prices continue their upward trajectory, the valuation of gold assets tied to loans is undergoing a significant recalibration.
March 13, 2024 -
RBI issues new order on credit cards to give customers more choice
The order also states that card issuers shall provide an option to their eligible customers to choose from multiple card networks at the time of issue.
March 6, 2024 -
RBI Governor calls for global pacts on critical minerals & food security corridors
Das stated that improving infrastructure remains key to long-term growth.
February 15, 2024 -
RBI supports fintech sector, but customer interest is of prime importance: Guv Das
Das said the RBI promotes and will continue to promote fintech, but customer interests and financial stability is of prime importance.
February 12, 2024 -
Sovereign Gold Bonds to be issued from Feb 12-16
The gold bonds will be issued by the RBI at a price of Rs 6,263 per gram.
February 10, 2024 -
Stocks marginally up Wednesday, investors now await RBI monetary policy
Barring the latest pauses, the RBI raised the repo rate by 250 basis points cumulatively to 6.5 per cent since May 2022 in the fight against inflation.
February 7, 2024 -
HDFC gets RBI nod to acquire 9.5% stake in IndusInd Bank
The approval also stipulates that if the "aggregate holding" of HDFC Bank falls below 5 per cent, prior approval of the RBI will be required to increase it to 5 per cent or more of the paid-up share capital or voting rights.
February 6, 2024 -
Interim Budget unlikely to impact market in a big way, say analysts
Regarding the Fed decision, no rate cut is expected, but the commentary will be keenly watched.
January 29, 2024 -
Cheap and idle money moving out of banking system and chasing returns
India is a young population and the per capita GDP has crossed the $2,000-mark and stands at approximately $2,200.
January 28, 2024
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