RBI

Siddaramaiah urges Sitharaman to have 'strong word' with NABARD, RBI after farm loans to state slashed

'I have explained her that we are planning to give a Rs 9,012 Crore short term loan. If NABARD doesn't increase loan amount, we have to go to commercial banks and pay 10 to 12% interest. This will put our farmers into a crisis,' Karnataka CM Siddaramaiah said.

15 hours ago

Siddaramaiah urges Sitharaman to have 'strong word' with NABARD, RBI after farm loans to state slashed

15 hours ago

RBI asks lenders to cut speculative bets against rupee

The RBI's financial market regulations department informally communicated the instructions to banks, the bankers said. The RBI did not immediately respond to an email seeking comment.

16 hours ago

RBI asks lenders to cut speculative bets against rupee

16 hours ago

Tolerance band not enough, committed to 4% inflation target: RBI Governor

The governor’s comment dashes the expectations of any rate cut by the central bank in the near future.

21 November 2024, 22:48 IST

Tolerance band not enough, committed to 4% inflation target: RBI Governor

21 November 2024, 22:48 IST

RBI likely selling dollars to support rupee near record low, traders say

The RBI will likely 'try and hold 84.42-84.43 levels for the day, as there is a lot of buying pressure right from the start (of the session),' a trader with a private bank said.

21 November 2024, 04:27 IST

RBI likely selling dollars to support rupee near record low, traders say

21 November 2024, 04:27 IST

Indian exports not adversely impacted by rupee exchange rate policy: RBI

The RBI routinely intervenes in currency markets to quell volatility but its exchange rate management has also led to periods of the rupee being overvalued against the currencies of its major trading partners.

21 November 2024, 03:23 IST

Indian exports not adversely impacted by rupee exchange rate policy: RBI

21 November 2024, 03:23 IST

RBI cautions public about 'deepfake' video of governor being circulated on social media

In a statement, the RBI cautioned public on 'deepfake videos of Top Management' circulated over social media giving financial advice.

19 November 2024, 09:57 IST

RBI cautions public about 'deepfake' video of governor being circulated on social media

19 November 2024, 09:57 IST

RBI Governor Shaktikanta Das' term likely to be extended further

The decision is due to be announced after polling in Maharashtra state elections is complete, a third source, also with direct knowledge of the matter said.

19 November 2024, 04:21 IST

RBI Governor Shaktikanta Das' term likely to be extended further

19 November 2024, 04:21 IST

FM bats for affordable interest rates at SBI meet

'At a time when we want industries to ramp up and move building capacities, our bank interest rates will have to be far more affordable,' Sitharaman said

19 November 2024, 03:05 IST

FM bats for affordable interest rates at SBI meet

19 November 2024, 03:05 IST

RBI Guv Shaktikanta Das asks banks to curb mis-selling of products

'Staff incentives should be carefully structured to avoid encouraging mis-selling or unethical practices. While such practices may yield short-term gains, they ultimately expose the bank to significant long-term risks, including reputational damage, supervisory scrutiny, and financial penalties,' Das said at a conference of directors of private sector banks organised by the RBI in Mumbai.

19 November 2024, 02:47 IST

RBI Guv Shaktikanta Das asks banks to curb mis-selling of products

19 November 2024, 02:47 IST

RBI Governor raises concerns over complaints being misclassified as 'customer queries' by banks

He further said the RBI has also come across instances of rejected grievances not being escalated to the internal ombudsman of banks.

18 November 2024, 14:49 IST

RBI Governor raises concerns over complaints being misclassified as 'customer queries' by banks

18 November 2024, 14:49 IST