Friday, March 29, 2024

RBI

RBI permits trade transactions with Sri Lanka in INR

By Express News Service NEW DELHI: Keeping in view the difficulties being experienced by exporters in receiving proceeds from Sri Lanka, the Reserve Bank of...

Cryptocurrencies can lead to dollarisation of economy: RBI officials to parliamentary panel

By PTI NEW DELHI: Cryptocurrencies can lead to "dollarisation" of a part of the economy which would be against India's sovereign interest, top officials...

Food prices push retail inflation to 17-month high

By Express News Service NEW DELHI: Retail inflation soared to a 17-month high of 6.95% in March with the prices of most commodities soaring, data published...

Learning loss a tragedy, but no mention in Union Budget: Raghuram Rajan

Express News Service Former Governor of Reserve Bank of India, Raghuram Rajan has expressed concern over lack of focus on the learning loss caused due to...

Loans to ABG Shipyard turned NPAs prior to 2014: Finance Minister

By PTI NEW DELHI: Finance Minister Nirmala Sitharaman on Monday said the ABG Shipyard account turned NPA during the erstwhile UPA regime and the...

PM chairs meet on cryptocurrency; concerns raised over money laundering, terror financing risks

By PTI NEW DELHI: Amid concerns over misleading claims of huge returns on cryptocurrency investment, Prime Minister Narendra Modi on Saturday chaired a meeting...

Restrictions put on Laxmi Coop Bank, Solapur; Rs 1,000 cap on withdrawals

By PTI MUMBAI: The Reserve Bank of India (RBI) on Friday imposed several restrictions on Laxmi Cooperative Bank Ltd, Solapur, including Rs 1,000 cap...

RBI issues revised Prompt Corrective Action framework for banks

By PTI MUMBAI: The RBI on Tuesday issued a revised Prompt Corrective Action (PCA) framework for banks to enable supervisory intervention at "appropriate time"...

NBFCs: Reserve Bank of India to step up vigil with four-layered regulatory framework

By PTI MUMBAI: The Reserve Bank of India (RBI) will put in place a four-layered regulatory structure for non-banking financial companies to keep a...

RBI remains laser-focused to bring back inflation to 4 per cent: Governor Das

He opined that continued monetary support is necessary as the economic recovery process even now is delicately poised and growth is yet to take firmer roots.

Latest News

Now weapons will not be raised… 3 Naxalites including rewarded Naxalite surrendered, 685 Maoists have returned home

Dantewada. Influenced by the Lon Varatu (Come Back Home) campaign, 3 Maoists including 1 rewarder have laid down...