Reserve Bank of India Archives

RBI On Developmental & Regulatory Policies

Last Updated On April 5, 2018 3:01 PM by Neal Bhai

RBI On Developmental & Regulatory Policies 📌 Mandatory loan component in working capital facilities. 📌 Not necessary to activate counter cyclical capital buffer at this point. 📌 All payments systems data will be stored only in India, companies required to ensure compliance within 6 months. 📌 RBI proposes to permit NRIs to invest in …

Monetary Policy: RBI KEEPS REPO RATE UNCHANGED AT 6% AS EXPECTED

Last Updated On April 5, 2018 3:02 PM by Neal Bhai

Monetary Policy: RBI KEEPS REPO RATE UNCHANGED AT 6% AS EXPECTED Banking Shares Extend Gains As RBI Keeps Rate Unchanged Gauge of banking shares on the National Stock Exchange — Nifty Bank index was trading near day’s highest level after the Reserve Bank of India kept policy rates unchanged and …

RBI Pause on Interest Rate Hike May Last Only Till December

Banks Gain As RBI Grants Breather Ahead Of Monetary Policy Decision

Last Updated On April 5, 2018 3:02 PM by Neal Bhai

Gold Silver Reports (GSR) – Banks Gain As RBI Grants Breather Ahead Of RBI Monetary Policy Decision — Shares of private and government-owned lenders were trading higher after the Reserve Bank of India provided relief to lenders by allowing them to reduce provisioning on NCLT accounts for March quarter ahead of the monetary policy decision.

RBI Policy Day 2018

Last Updated On April 5, 2018 3:02 PM by Neal Bhai

INDIA – RBI Policy Day 2018 LIVE RBI POLICY GUIDELINES Tweets by BloombergQuint

RBI Policy Day INDIA : MPC Set To Begin New Financial Year

Last Updated On April 5, 2018 3:02 PM by Neal Bhai

Gold Silver Reports (GSR) – Goldilocks Economy – The Indian economy is expected to have grown at a stronger pace in 2018-19, as disruptions due to the introduction of the Goods and Services Tax settled down. Despite continued volatility in some high frequency indicators like the manufacturing PMI, most economists believe that the economy is recovering steadily.

State-Owned Banks Worst Hit By Fraud Despite Spending More On Audits

April 2, 2018 8:45 AM by Neal Bhai

Gold Silver Reports (GSR) – State-Owned Banks Worst Hit By Fraud Despite Spending More On Audits — That’s according to a new report by proxy advisory firm Institutional Investors Advisory Services. The high audit fees in public sector banks are a function of large number of branches, multiple auditors, higher number of physical audits and Reserve Bank of India prescribed rates, IiAS said in its report. “Despite paying high audit fees, the quantum of fraud in public sector banks tend to be much higher.”

Reserve Bank of India Sets April 30 Deadline For Linking SWIFT With Core Banking

February 25, 2018 7:36 AM by Neal Bhai

Gold Silver Reports – Reserve Bank of India Sets April 30 Deadline For Linking SWIFT With Core Banking — The Reserve Bank of India has asked banks to finish fully integrating the core banking system with the SWIFT messaging network by April 30, two bankers in the know said.

RBI Cuts Printing order for New Currency Notes as Vaults Crammed with Old Ones

November 9, 2017 5:44 AM by Neal Bhai

Gold Silver Reports – The Reserve Bank of India (RBI) has reduced its order for printing new currency notes in the current fiscal year to the lowest in five years for lack of space in the currency chests of the central bank and commercial banks, two people familiar with the matter said.

RBI Clears Proposal to Introduce Rs200 Notes

April 4, 2017 4:42 PM by Neal Bhai

Gold Silver Reports — The board of the Reserve Bank of India (RBI) has cleared a proposal to introduce banknotes of Rs200 denomination, two people aware of the development said.

Reserve Bank of India Concern on Inflation

Last Updated On March 15, 2017 2:03 PM by Neal Bhai

Gold Silver Reports — Reserve Bank of India Concern on Inflation — The IMF echoed the Reserve Bank of India’s concern on inflation, saying the monetary authority must be ready to raise interest rates if price pressures build.