RBI

RBI sees European proposal for oversight of clearing corp as 'extra jurisdictional', official says

In October 2022, ESMA, the European Union's financial markets regulator and supervisor, withdrew recognition from six Indian central clearing houses but gave some time to European banks to continue dealing with them while it negotiated with the RBI for greater oversight.

15 hours ago

RBI sees European proposal for oversight of clearing corp as 'extra jurisdictional', official says

15 hours ago

Shadow lenders retreat as bad loans rise amid RBI crackdown

Bajaj Finance Ltd., the country’s largest shadow lender, joined rivals including Shriram Finance Ltd., Mahindra & Mahindra Financial Services Ltd., and IIFL Finance Ltd. that posted higher delinquencies on unsecured loans in their second quarter earnings reports.

05 November 2024, 11:27 IST

Shadow lenders retreat as bad loans rise amid RBI crackdown

05 November 2024, 11:27 IST

Vegetable farmers in dire straits

The RBI considered several items from both the livestock and agricultural sectors. In the livestock sector, they looked at poultry meat, dairy, and eggs, while in the agricultural sector (in particular vegetables), tomatoes, potatoes, and onions were considered.

04 November 2024, 19:35 IST

Vegetable farmers in dire straits

04 November 2024, 19:35 IST

Nearly 98% Rs 2000 banknotes returned; Rs 6,970 crore worth notes still with public: RBI

The total value of Rs 2000 banknotes in circulation was Rs 3.56 lakh crore at the close of business on May 19, 2023. It has declined to Rs 6,970 crore at the close of business on October 31, 2024, the RBI said.

04 November 2024, 15:24 IST

Nearly 98% Rs 2000 banknotes returned; Rs 6,970 crore worth notes still with public: RBI

04 November 2024, 15:24 IST

Fitch Ratings affirm IIFL Finance's rating after RBI lifts ban on gold-loan business

The RBI in September, had lifted regulatory restrictions it had imposed in March on IIFL Finance's gold-backed lending business.

04 November 2024, 10:53 IST

Fitch Ratings affirm IIFL Finance's rating after RBI lifts ban on gold-loan business

04 November 2024, 10:53 IST

RBI well-equipped for post-US election volatility, sources say

The Reserve Bank of India would be able to tap its large foreign exchange reserves to defend the domestic currency in the event of global market volatility and an outflow of foreign funds, the sources said.

31 October 2024, 10:38 IST

RBI well-equipped for post-US election volatility, sources say

31 October 2024, 10:38 IST

Ambani's Jio Payment Solutions gets RBI nod to operate as online payment aggregator

Jio Financial was spun out of the Ambani-led Reliance Group last year.

29 October 2024, 10:26 IST

Ambani's Jio Payment Solutions gets RBI nod to operate as online payment aggregator

29 October 2024, 10:26 IST

RBI fixes Rs 300 crore networth criteria for entities applying for central counterparty

According to the revised directions, every authorised CCP has to submit an audited networth certificate as at close of financial year from the statutory auditor within six months of the closure of the financial year.

28 October 2024, 15:24 IST

RBI fixes Rs 300 crore networth criteria for entities applying for central counterparty

28 October 2024, 15:24 IST

RBI's rosy growth forecast baffles economists

The RBI’s bullishness is underpinned by its view that rural spending is improving and private investment is picking up.

28 October 2024, 05:07 IST

RBI's rosy growth forecast baffles economists

28 October 2024, 05:07 IST

RBI chief pushes back on calls to cut food from inflation target

Inflation spiked in September on the back of food prices, with vegetable costs alone surging 36 per cent.

26 October 2024, 10:36 IST

RBI chief pushes back on calls to cut food from inflation target

26 October 2024, 10:36 IST