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Feb 24, 2021 06:30 PM IST The RBI has indicated that it is working on a digital currency, but the central bank hasn’t committed on a launch date yet.
Feb 24, 2021 04:56 PM IST The private sector banks can be involved in "conduct of government-related banking transactions such as taxes and other revenue payment facilities", the Department of Financial Services (DFS) said.
Feb 24, 2021 01:48 PM IST The central bank will not put the breaks on liquidity and it has several "known and unknown" tools to ensure ample liquidity is available, said RBI governor Shaktikanta Das.
Feb 23, 2021 10:00 PM IST Analysts blamed such high cost of debt for the fear of banks and other investors of government debt of massive fiscal slippages due to the pandemic.
Feb 19, 2021 06:02 PM IST Reversing bank nationalisation is a politically sensitive step. But, the government seems to have a plan this time.
Feb 19, 2021 11:06 AM IST As part of the Public Awareness initiative by the RBI, its Twitter and Facebook page called 'RBI says' usually puts out pictures and messages in multiple Indian languages.
Feb 18, 2021 10:57 PM IST The provisions of these directions would apply to the Regulated Entities (REs)– Scheduled Commercial Banks, Small Finance Banks, Payments Banks; and Credit card issuing NBFCs.
Feb 18, 2021 01:29 PM IST The RBI has issued a master circular to bring into effect comprehensive rules announced last October to bring HFCs under closer scrutiny. The rules aim to safeguard the interest of investors and depositors.
Feb 18, 2021 11:35 AM IST Lack of clarity on RBI’s loan moratorium scheme and issues in digital transactions were key sources of complaints
Feb 18, 2021 09:06 AM IST The central bank said these directions, which shall come into force with an immediate effect, are aimed at preventing the affairs of any HFCs from being conducted in a manner detrimental to the interest of investors and depositors.
Feb 16, 2021 04:53 PM IST Asked whether India will be able achieve a $5-trillion economy target by 2024-25, former RBI governor Bimal Jalan said, "We are in 2021. So, four years are there and as of now, it does not seem that we will be able to reach that target."
Feb 16, 2021 03:47 PM IST However, the one-time COVID-19 restructuring window, and the micro, small and medium enterprises (MSME) restructuring scheme offered by the Reserve Bank of India (RBI) will limit the reported gross non-performing assets (GNPAs).
Feb 15, 2021 04:39 PM IST Gagan Banga said that Indiabulls would want to run a collaborative model with banks rather than trying to compete with them
Feb 15, 2021 03:37 PM IST The Indian banking system has witnessed a number of co-operative bank failures in recent years and the panel will examine issues in the sector and provide a roadmap
Feb 15, 2021 01:59 PM IST The RBI conducts special OMOs to support the liquidity situation in the market and manage the bond yield.
Feb 14, 2021 01:07 PM IST Earlier this month, Reserve Bank of India (RBI) Governor Shaktikanta Das said the central bank will able to manage the high quantum of government borrowings at Rs 12 lakh crore for the next fiscal in a "non-disruptive" manner.
Feb 12, 2021 07:57 PM IST The CPI inflation has fallen within the central bank’s comfort zone in last the two months.
