Tag: rbi

RBI expands its "Alert List" of forex trading platforms, adds 13 new names
Posted in Economy

RBI expands its “Alert List” of forex trading platforms, adds 13 new names

The Reserve Bank of India has added as many as 13 new names to its “Alert List” of unauthorised forex trading platforms, news agency PTI…

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Posted in Startups

PB Fintech secures account aggregator licence from RBI

PB Fintech, the parent entity of Policybazaar and Paisabazaar, has secured the non-banking finance company-account aggregator (NBFC-AA) licence from the Reserve Bank of India (RBI)…

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inflation: Rate hikes since May '22 helped reduce inflation by 1.60%: RBI paper
Posted in Economy

inflation: Rate hikes since May ’22 helped reduce inflation by 1.60%: RBI paper

The cumulative rate hikes of 2.5 percentage points by the central bank since May 2022 negatively impacted headline inflation by 1.60 per cent, a paper…

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Festive demand will help shrug off temporary slowdown, says RBI report
Posted in Economy

Festive demand will help shrug off temporary slowdown, says RBI report

Aggregate demand in India is poised to shrug off the temporary slowdown in momentum in the second quarter of 2024-25 as festival demand picks up…

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Food Inflation and global spillovers may hinder India’s path to disinflation, RBI Bulletin highlights
Posted in Economy

Food Inflation and global spillovers may hinder India’s path to disinflation, RBI Bulletin highlights

India’s inflation is on a downward trajectory, but there is still significant ground to cover, according to the latest bulletin from the Reserve Bank of…

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Most of the private sector banks currently have a slightly higher FD interest rate in comparison to PSU banks
Posted in Business

Fixed deposit interest rates: See 3-year FD rates for seven banks including SBI, HDFC, PNB, ICICI

Oct 20, 2024 12:28 PM IST 3-year fixed deposits may be of interest to many as a potential rate cut by the RBI looms around…

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Posted in Economy

Quite risky to cut rates at this stage: RBI Guv Shaktikanta Das

MUMBAI: Any move to cut interest rates right now would be hasty and potentially fraught with risk as inflation remains above target and will stay…

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India's forex reserves fall by $10.7 billion to $690 billion
Posted in Economy

India’s forex reserves fall by $10.7 billion to $690 billion

India’s foreign exchange reserves have experienced a notable decline for the second consecutive week, dipping by $10.7 billion to stand at $690 billion as of…

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A police officer walks past the Reserve Bank of India (RBI) logo inside its headquarters in Mumbai, India.(Reuters)
Posted in Business

RBI may act against more NBFCs to check obscure lending practices: Morgan Stanley

As Reserve Bank of India (RBI) on Thursday sought action against four Non Banking Financial Companies asking them to cease and desist from making new…

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Govt, RBI firm ESMA has to change stance on CCIL oversight for any MoU
Posted in Economy

Govt, RBI firm ESMA has to change stance on CCIL oversight for any MoU

NEW DELHI/MUMBAI: The Reserve Bank of India and the government are uncomfortable signing agreements with the European Securities and Markets Authority (ESMA) unless regulations calling…

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