May 13, 2021 07:37 PM IST
The Reserve Bank of India (RBI) in 2018 had forbidden banks from dealing in all transactions related to bitcoin and other such assets.
- May 06, 2021 08:41 PM IST
Crisil said it rates 6,800 mid-sized entities and more than half of them are small and medium enterprises (SMEs) having a bank loan exposure of up to Rs 25 crore.
- May 05, 2021 04:54 PM IST
A quick wrap of the key announcements made by the RBI Governor, in an unscheduled address today, to tide over Covid second wave.
- May 05, 2021 03:41 PM IST
RBI Governor Shaktikanta Das announced on May 5 an on-tap liquidity window of Rs 50,000 crore to boost provision of immediate liquidity for ramping up COVID-related healthcare infrastructure and services in the country.
- May 05, 2021 11:07 AM IST
The restructuring under the proposed framework can be invoked up to September 30, 2021, and shall have to be implemented within 90 days of invocation.
- May 05, 2021 10:54 AM IST
RBI Governor Shaktikanta Das said that under the scheme, banks can support entities like vaccine manufacturers, medical facilities, hospitals and patients.
- May 05, 2021 10:54 AM IST
These are the key highlights from RBI governor Shaktikanta Das' speech
- May 05, 2021 10:44 AM IST
RBI has set a limit of Rs 10 lakh per borrower for the scheme and it will remain open till October 31, 2021, Shaktikanta Das said.
- May 05, 2021 10:39 AM IST
The facility will be available till March 31, 2022, RBI Governor Shaktikanta Das said.
- May 05, 2021 08:25 AM IST
RBI said governor Shaktikanta Das will deliver his address at 10 am on May 5, 2021.
- Apr 20, 2021 09:29 PM IST
The Finance Industry Development Council has sought the inclusion of 'retail trade' and 'wholesale trade' as activities recognised by the Ministry of MSMEs for registration.
- Apr 18, 2021 04:23 PM IST
The industry body also urged the RBI to allow restructuring of certain MSMEs loans that already have got the similar relief under the same scheme during the first wave of COVID-19, but are now facing challenges.
- Apr 07, 2021 12:17 PM IST
RBI Governor Shaktikanta Das quoted Mahatma Gandhi and called on people to resiliently face the COVID-19 pandemic.
- Apr 07, 2021 11:22 AM IST
Read full text of Reserve Bank of India governor Shaktikanta Das speech here.
- Apr 07, 2021 10:47 AM IST
Now, payment banks customers can keep a balance of up to Rs 2 lakh
- Apr 07, 2021 10:30 AM IST
RBI Governor Shaktikanta Das said that the MPC voted unanimously to keep the policy rates unchanged.
- Apr 05, 2021 03:17 PM IST
The Reserve Bank will announce the resolution of the Monetary Policy Committee (MPC) on April 7.
- Mar 25, 2021 12:56 PM IST
The RBI has forecast India's real Gross Domestic Product (GDP) to grow at 10.5 percent in FY22.
- Mar 14, 2021 07:29 PM IST
Currently, in the International Monetary Fund table, China has the largest reserves, followed by Japan and Switzerland.
- Mar 06, 2021 08:21 PM IST
A High-Level Inter-Ministerial Committee (IMC) was constituted under the chairmanship of economic affairs secretary on digital currencies and it has submitted its report.
- Mar 03, 2021 01:15 PM IST
According to latest RBI data, bank credit growth that had slumped in 2019-20 and further down in 2020-21 due to COVID-19, is slowly recovering with the gradual opening up of the economy. However, the larger trend remains subdued.
- Feb 28, 2021 03:38 PM IST
The RBI observed that CBDC can be designed to endorse financial inclusion by direct benefit transfer, endorse non-anonymity at a personal level and regulate transactions. Adding more, the RBI added that CBDC can help pump central bank ‘helicopter money’.
- Feb 25, 2021 12:30 PM IST
Central banks used conventional and unconventional measures to combat impact of COVID-19 pandemic, said the RBI Governor
- 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 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.