The PHD Chambers of Commerce and Industry has said that status quo for the key policy rates by RBI would help in strengthening the economic recovery with enhanced consumption and production possibilities.... Read more »
According to Mr Manoj Jain, Director-Commodities and Forex banking at IndiaNivesh Securities Ltd. “The recent corporate tax reforms initiated by the government and other measures taken to provide a boost to the... Read more »
The housing finance companies (HFC) will with most probability come under the regulatory jurisdiction of the Reserve Bank of India, reported Business Standard, citing sources. The sources, however, added that though the regulatory powers... Read more »
The country’s financial system is stable amid setbacks with NPA cycle and the sharp reduction in the ratio of dud assets to 9.3 percent, the Reserve Bank of India (RBI) said Thursday... Read more »
The Reserve Bank of India Monday has started an application on its website for filing complaints against banks and NBFCs with a view to improve customer experience in timely redressal of grievances.... Read more »
There could be some good news for over 63 million Micro, Small and Medium Enterprises (MSMEs) from now on. An eight-member expert committee, constituted by the RBI, has reportedly recommended doing away... Read more »
The Centre for Monitoring Indian Economy (CMIE) has said that the past data would not indicate that a reduction in interest rates necessarily translates to rise in investments. In its previous meeting,... Read more »
The Reserve Bank of India on Tuesday said it will withdraw all charges on fund transfer through popular RTGS and NEFT systems from July 1 and asked banks to pass on the... Read more »
The system-wide non-performing assets stock has fell starkly to 9.3 percent in March 2019, more rapidly than the Reserve Bank’s estimate and far down from 11.5 percent the year before, says a... Read more »
With regards to frauds in the banking sector to absence of effective controls, RBI Governor Shaktikanta Das Saturday said focus of the central bank in the upcoming months will be on corporate... Read more »