Tag: RBI
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As bank failures mount, RBI decision on new bank licenses could be controversial: Macquarie
At a time when bank failures are increasing in India, the decision to distribute licenses could be controversial. As per a report by Macquarie...
Probe all officials, including of RBI, on LVB watch: AIBEA
Finance Minister Nirmala Sitharaman should intervene in the Lakshmi Vilas Bank (LVB) issue and announce that it would be amalgamated with a public sector...
Past policy actions’ transmission to help ease conditions, RBI Guv in MPC meet
The ongoing transmission of past monetary policy actions would help ease financial conditions, RBI Governor Shaktikanta Das had said during the Monetary Policy Committee...
RBI extends ‘co-origination’ model of loans to all NBFCs
The Reserve Bank of India (RBI) has extended the 'co-origination' model of lending to all non-banking financial companies (NBFC), including housing finance companies (HFC),...
Pandemic-proofing: Govt consumption to support demand, says RBI
Government consumption is expected to continue "pandemic-proofing" of demand, the Reserve Bank said on Tuesday.
In its Annual Report 2019-20, the Reserve Bank of India...
RBI to regulate non-bank payments aggregators
The Reserve Bank will from now on regulate non-bank payments aggregators.
Besides, existing non-bank PAs will be required to submit an application seeking authorization on...
Govt Giving Sector-specific Solutions to Fight Slowdown in Economic Growth, Says Sitharaman
Finance Minister Nirmala Sitharaman on Thursday stated that the government is providing sector-specific resolutions to combat the slowdown in economic increase. She, however, avoided...
Sitharaman Puts Out Appeal and Explainer in Reply to ‘Consume Poison’ Tweet on PMC Bank Crisis
Finance Minister Nirmala Sitharaman urged a Twitter user on Monday to not write of “such extreme things” after the latter tweeted that “people are...
New “10” Rupee Currency Notes- Take A Look!
New "10" Currency Notes Introduced, In Chocolate Brown Colour
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RBI (Reserve Bank of India) is soon going to launch the new Rs.10...
‘One Rupee’ note turns 100 Years! Value fell by 400 Times!
one-rupee note turns 100 years in age
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The iconic ‘bluish’ colored One Rupee note has turned 100 years. It first came into existence...