RBI Deputy Governor M K Jain on Wednesday made a case for incentivising banks to extend loans to poor in backward areas in a bid to promote financial inclusion. Speaking ..
BENGALURU - India's retail inflation breached the central bank's medium-term target of 4% in October for the first time in 15 months, on the back of higher food p..
With no letup in onion prices, retail inflation in October is likely to cross the 4% medium term target of the Reserve Bank of India for the first time since July 2..
Mumbai: The Reserve Bank of India (RBI) has withdrawn certain exemptions granted to housing finance companies (HFCs), putting its regulations on a par with those of n..
The Financial Sector Regulatory Appointment Search Committee (FSRASC) is understood to have interviewed 10 candidates including RBI's Executive Director Michael Patra..
The Reserve Bank of India (RBI) has directed banks not to charge savings account holders for NEFT with effect from January 2020.
The National Electronic Funds Transfer..
The Reserve Bank of India (RBI) on Friday announced fresh steps to push digital payments in India, including removing charges on online fund transfer system National ..
The Reserve Bank on Thursday said it has imposed a fine of Rs 5 lakh on prepaid payment instrument Oxigen Services. In exercise of powers vested under Section 30 of the P..
By Indradip Ghosh
BENGALURU (Reuters) - Indian retail inflation probably exceeded the Reserve Bank of India's ( RBI) medium-term target of 4% in October for the fi..
The Reserve Bank of India (RBI) is closely monitoring non-banking financial companies (NBFCs), and is regularly interacting with the management of these companies to ..
Finance Minister Nirmala Sitharaman on Thursday reviewed the current state of the economy at the meeting of the Financial Stability and Development Council (FSDC).
The rate of interest on the Floating Rate Bonds, 2024 (FRB 2024) applicable for the half year November 07, 2019 to May 06, 2020 shall be 5.18 percent per annum, RBI said...
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