Tag: Bank
Rate cut to be based on long-term inflation trajectory: RBI Governor
New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das has said the decision on interest rate moderation will be based on long-term inflation trajectory…
Bank holiday today: Are banks closed on Saturday, September 7, 2024, for Ganesh Chaturthi?
Though September 7, 2024 is the first Saturday of the month, banks in several states will be closed on the account of Ganesh Chaturthi. All…
Indian-origin man gets 7 years jail term for cheating a bank relating to housing deals in Singapore
A 54-year-old Indian-origin man received a prison sentence of seven years and six months for his involvement in a group that defrauded a bank of…
RBI tightens guidelines for NBFC P2P lending
The central bank tightened norms for non-bank lenders operating as peer-to-peer (P2P) lending platforms, barring them from selling insurance products that are in the form…
RBI tightens norms for P2P lending platforms
The Reserve Bank on Friday tightened norms for Non-Banking Financial Company – Peer to Peer Lending Platforms (NBFC-P2P Lending Platform) to improve transparency and compliance….
RBI urges vigilance on home equity, top-up loans amid rapid growth
The Reserve Bank of India (RBI) today called on banks and non-banking financial companies (NBFCs) to closely monitor the end-use of funds for home equity…
RBI maintains fiscal year inflation forecast at 4.5%, cites food prices and geopolitical tensions – The Economic Times Video
The Reserve Bank of India today left its inflation forecast for this fiscal year unchanged at 4.5%, even amid caution on food price trajectory that…
GTRI: Customs, banking reforms, incentives at par with China key to boost e-com exports to $350 bn: GTRI
New Delhi: Reforms in certain customs and banking rules, access to credit, and incentives at par with China will be key for India to boost…
Inflation to remain around 5 per cent this fiscal: SBI report
New Delhi: The Consumer Price Inflation in India is expected to remain around 5 per cent in the financial year 2024-25 except for September and…
UPI, IMPS, retail payments of these banks temporarily unavailable due to ransomware attack on tech-provider
The National Payments Corporation of India (NPCI) has put out a notice that UPI, IPMS and other payment systems of certain banks will temporarily not…