Tag: RBI

Time right for setting India on new trajectory of sustainable growth: RBI article – Times of India

MUMBAI: With the vaccination drive picking up pace and Covid-19 mortality rate coming down, it is time for India to embark on a new...

RBI raises IMPS transaction limit to Rs 5 lakh: All you need to know – Times of India

NEW DELHI: The Reserve Bank of India (RBI) on Friday proposed to increase the per transaction limit under Immediate Payment Service (IMPS) from Rs...

RBI may again opt for status quo on key policy rate next week, say experts – Times of India

MUMBAI: Amid rising global commodity prices and the need to contain inflation at home, the Reserve Bank is likely to maintain status quo on...

Rate cut on housing loans augurs well for economy, interest rate transmission has improved: RBI governor – Times of India

MUMBAI: The significant reduction in lending rate on personal housing and commercial real estate sector augurs well for the economy, as these segments are...

Shaktikanta Das: RBI relaxes KYC norms, tells banks not to impose any restriction till Dec-end – Times of India

MUMBAI: The Reserve Bank on Wednesday asked banks and other regulated financial entities not to impose any punitive restriction against customers for failure to...

RBI’s MPC starts deliberating on next monetary policy – Times of India

MUMBAI: RBI governor Shaktikanta Das-headed rate-setting panel MPC started its three-day deliberation on the next monetary policy on Monday amid sudden surge in Covid-19...

Got a torn or mutilated currency note? You need to do THIS to exchange your note

New Delhi: Did you try to withdraw ATM cash and one of the notes in the bundle was a torn or tattered note? Or...

RBI monetary policy April 2021: RBI expected to keep key interest steady

Mumbai: The Reserve Bank of India is widely expected to keep key interest steady on Wednesday amid a surge in COVID-19 cases in the...

Fuel price hike: RBI Governor calls for calibrated unwinding of high indirect taxes on petrol, diesel

New Delhi: Reserve Bank of India governor Shaktikanta Das has called for calibrated unwinding of high indirect taxes on petrol and diesel – in...

After plunging to 16-year low in H1, yields soar 31 bps post-budget: Report – Times of India

MUMBAI: The massive spike in 2021-22 borrowing target at Rs 23 lakh crore, has led to a 31 basis points rally in benchmark bond...

Deccan Urban Co-op Bank: RBI puts Rs 1,000 withdrawal limit for next 6 months

New Delhi: The Reserve Bank of India has put restrictions on the Deccan Urban Co-operative Bank Ltd from granting fresh loans or accepting deposits on...

RBI puts Rs 1,000 withdrawal cap on Deccan Urban Co-op Bank; fresh loans, deposits restricted – Times of India

(Representative image)MUMBAI: The Reserve Bank on Friday said it has barred Karnataka-based Deccan Urban Co-operative Bank Ltd from granting fresh loans or accepting deposits...

SC directs RBI to lay down regulations in six months for locker facility management in banks – Times of India

The top court said people are hesitant to keep their liquid assets at home as we are steadily moving towards a cashless economy. (File...

RBI announces Rs 10,000 crore special OMOs on February 25 – Times of India

MUMBAI: The Reserve Bank of India (RBI) said on Monday that it will conduct simultaneous sale and purchase of government bonds under special open...

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