RBI

The RBI has extended the directives enforced on PMC Bank till December 31The RBI has extended the directives enforced on PMC Bank till December 31

The RBI has extended the directives enforced on PMC Bank till December 31

The Reserve Bank of India (RBI) announced on June 25 that it has prolonged the already enforced directives on PMC…

4 years ago
India’s foreign exchange reserves have reached an all time high of $608 billionIndia’s foreign exchange reserves have reached an all time high of $608 billion

India’s foreign exchange reserves have reached an all time high of $608 billion

According to the latest Reserve Bank of India statistics, India's foreign exchange reserves climbed $3.074 billion to a new high…

4 years ago
RBI has extended Risk-Based Internal Audit rules to housing financing firmsRBI has extended Risk-Based Internal Audit rules to housing financing firms

RBI has extended Risk-Based Internal Audit rules to housing financing firms

The Reserve Bank of India (RBI) expanded the risk-based internal audit (RBIA) system to select housing finance businesses in order…

4 years ago
Under G-SAP 2.0, RBI would purchase govt securities of Rs 1.20 lakh croreUnder G-SAP 2.0, RBI would purchase govt securities of Rs 1.20 lakh crore

Under G-SAP 2.0, RBI would purchase govt securities of Rs 1.20 lakh crore

The RBI said that it will launch a secondary market government securities acquisition programme, or G-SAP 2.0, worth Rs 1.20…

4 years ago
RBI lowered GDP prediction for FY22 to 9.5% , CPI inflation expected to be 5.1%RBI lowered GDP prediction for FY22 to 9.5% , CPI inflation expected to be 5.1%

RBI lowered GDP prediction for FY22 to 9.5% , CPI inflation expected to be 5.1%

The Reserve Bank of India (RBI) has lowered its GDP growth prediction for fiscal year 2021-22 (FY22) to 9.5 percent…

4 years ago
Governor of RBI says India’s Forex reserves could surpass $600 billionGovernor of RBI says India’s Forex reserves could surpass $600 billion

Governor of RBI says India’s Forex reserves could surpass $600 billion

RBI Governor Shaktikanta Das said India's forex reserves may have surpassed a new high of USD 600 billion as a…

4 years ago
The RBI has asked PSBs to put recently announced steps into effect immediately.The RBI has asked PSBs to put recently announced steps into effect immediately.

The RBI has asked PSBs to put recently announced steps into effect immediately.

The Governor of the Reserve Bank of India has urged banks to continue concentrating on improving the strength of their…

4 years ago