Tag: rbi
As rupee dips, I-T steps up vigil on shady outflows
MUMBAI: Amid the state’s moral suasion to discourage gold purchase and destination wedding, India’s tax authorities are dealing with a slew of shady overseas outflows…
ECB filings halve to USD 5.43 billion in March: RBI
Mumbai: Foreign borrowing filings by companies and lenders halved to USD 5.43 billion in March amid financial market volatilities following the West Asia conflict, the…
Fuel prices likely to rise if war continues: RBI Guv
India may need to increase retail fuel prices if the conflict in West Asia drags on, Reserve Bank of India Governor Sanjay Malhotra said. His…
RBI likely to pay record dividend to govt this year
New Delhi: The Reserve Bank of India (RBI) is expected to pay the highest-ever dividend to the government, providing the Centre with a fiscal cushion…
RBI officers seek governor’s intervention to correct promotion policy
New Delhi: RBI officers’ union has written a letter to RBI Governor Sanjay Malhotra, seeking his intervention to correct the promotion policy and restore a…
Asia heat waves spell double trouble for economies hit by oil
Asia is grappling with a new threat to inflation on top of an oil shock as a looming El Niño brings soaring temperatures and dry…
DPIIT issues updated SOP for processing FDI applications
The government will now clear all FDI proposals within 12 weeks as per the updated standard operating procedure (SOP) for processing foreign direct investment applications.According…
RBI flags false loan waiver claims by some, warns of legal action
MUMBAI: The Reserve Bank of India (RBI) Monday raised fresh concerns over unauthorised campaigns falsely promising loan waivers, warning that these pose seious risks not…
India explores steps to mobilise dollar inflows as rupee slides, sources say
MUMBAI: India’s central bank is studying ways to mobilise dollar inflows to bolster its foreign exchange buffers and cushion rising pressure on the rupee from…
RBI finalises new risk weight norms
MUMBAI: The Reserve Bank of India (RBI) on Monday issued final directions on risk weights for retail, corporate and sovereign exposures, linking capital requirements more…