Tag: Commercial bank
Still some distance to cover on inflation, can’t look the other way: RBI Governor
Kolkata: Reserve Bank of India governor Shaktikanta Das said the central bank cannot look the other way as India’s inflation has yet to moderate to…
deposit insurance: RBI for periodic revision of deposit insurance coverage
A periodical upward revision of the deposit insurance coverage limit, currently at Rs 5, lakh, may be warranted considering multiple factors like growth in the…
NPA india: Indian banks’ gross bad loans fall to a 10-year low of 3.9%: RBI’s Financial Stability Report
Scheduled commercial banks’ net non-performing assets (NPA) ratio fell to a 10-year low of 3.9 per cent in March 2023, the Reserve Bank of India…
2000 note ban: Rs 2000 notes cleanup: How the demise of the pink notes is set to supercharge India’s economy
In what may be a consolation to the worried citizens of the country, the Reserve Bank of India‘s decision to withdraw Rs 2,000 banknotes from…
RBI not planning to regulate social media influencers
The Reserve Bank is not planning to issue any separate norms to regulate social media influencers pedalling their personal views on the financial markets since…
After RBI’s pause, industry wants reversal of rate hike cycle
The status quo adopted by the Reserve Bank in its second bi-monthly monetary policy of the current fiscal will pave way for reversal of rate…
rbi: Cabinet secretary-led panel to interview five candidates for RBI deputy governor’s post on June 1
The Cabinet Secretary-headed panel is scheduled to interview shortlisted candidates on June 1 for the post of RBI deputy governor, which falls vacant on June…
India infra: India’s newest infra lender to loan Rs 1 lakh crore this fiscal
The Indian government-backed National Bank for Financing Infrastructure and Development (NaBFID) expects to sanction close to 1 trillion rupees ($12.23 billion) in loans this financial…
Centre may see a big jump in RBI dividend in FY24
The Centre is likely to make windfall gains by way of annual dividend receipts from the Reserve Bank of India (RBI), which is estimated to…
Capital Adequacy Ratio: RBI asks banks to remain prepared for shocks, have strong capital back up
The Reserve Bank of India wants bank managements and their boards to be on their toes all the time even as they have strong capital…