Tag: Reserve Bank

Rupee has held up very well against dollar compared to other currencies: FM | India News – Times of India

PUNE: Finance Minister Nirmala Sitharaman on Saturday said the rupee has "held back very well" when compared to other currencies against the US Dollar....

India’s current account slips into deficit in Q2 – Times of India

MUMBAI: India's current account slipped into a deficit of $9.6 billion or 1.3 per cent of GDP in the September quarter, the Reserve Bank...

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...

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...

Service complaints by bank customers rise 57% to over 3 lakh: RBI report – Times of India

MUMBAI: Consumer complaints about banking services jumped 57 per cent to 3.08 lakh for the year to June 30, 2020, the Reserve Bank said...

RBI OMO: RBI to buy bonds worth Rs 20,000 crore under open market operations on February 10 – Times of India

NEW DELHI: The Reserve Bank of India (RBI) on Monday announced its plan to buy bonds worth Rs 20,000 crore under Open Market Operations...

Government to work with RBI for execution of bank privatisation plan: Sitharaman – Times of India

MUMBAI: Finance minister Nirmala Sitharaman on Sunday said the government will work with the Reserve Bank for execution of the bank privatisation plan announced...

RBI likely to maintain status quo on interest rate, say experts – Times of India

MUMBAI: The Reserve Bank is likely to maintain a status quo on benchmark interest rate in its next monetary policy meet outcome to be...

Rupee Drops by 7 Paise to 73.61 Against US Currency Due to Dollar Purchases by State-run Banks

The rupee depreciated by 7 paise to close at 73.61 against the US dollar on Friday due to dollar buying by banks possibly on...

Former RBI Governor Raghuram Rajan Cautions Against Import Substitution

Former Reserve Bank governor Raghuram Rajan on Wednesday cautioned against import substitution under the 'Aatmanirbhar Bharat' initiative of the government, saying the country has...

India at Doorstep of Economic Revival, Says RBI Governor Shaktikanta Das

Reserve Bank of India (RBI) Governor Shaktikanta Das (Image: PTI)Shaktikanta Das further said India followed the fiscal expansion path to deal with COVID-19-related challenges.PTI...

RBI Announces Steps to Boost Credit Flow to Real Estate Sector

In a bid to increase flow of credit to the real estate sector, the Reserve Bank on Friday rationalised the risk weightage to LTV...

RBI to Move to Next Generation Treasury Application for Managing Forex, Gold Reserves

A security guard's reflection is seen next to the logo of the Reserve Bank Of India (RBI) at the RBI headquarters in Mumbai. (Image:...

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