In a bid to increase lending to MSME as well as to auto and home segment, Reserve Bank on Thursday tweaked maintenance of cash reserve ratio
The Reserve Bank of India on Thursday opted for a status quo on benchmark interest rate after the Union Budget for 2020-21 slipped on fiscal
Michael Debabrata Patra has been appointed deputy governor of the Reserve Bank of India (RBI), according to a Personnel Ministry order. He has
The Reserve Bank of India on Thursday amended the Know Your Customer or KYC guidelines to allow banks, lending companies and fintech startups to
The Reserve Bank on Friday said the country’s financial system remains stable despite slowing economic growth. The country’s GDP
RBI Governor Shaktikanta Das on Monday said the central bank had acted ahead of time by starting to slash rates in February this year, and hoped
Finance Minister Nirmala Sitharaman on Tuesday said in Rajya Sabha that the RBI had no objection to issuance of electoral bonds through the State
In a bid to promote digital transactions, the RBI on Friday said round-the-clock transactions will be allowed under the National Electronic Funds
In a setback to Indiabulls Group’s plans to enter the banking space, the Reserve Bank on Wednesday rejected the proposed merger of
The government on Monday set up a high-level inter-ministerial committee chaired by the revenue secretary for better coordination among various
The Reserve Bank on Tuesday assured the general public that the Indian banking system is safe and stable and there is no need for panic based on
State Bank of India on Monday said it will adopt repo rate as the external benchmark for all floating rate loans for MSME, home and retail loans,
Finance Minister Nirmala Sitharaman on Saturday said the NBFC crisis seems to have bottomed out and the government along with the RBI will
Reserve Bank of India’s Deputy Governor Viral Acharya, who was in-charge of the monetary policy department, has resigned six months before