Page 3 - Rbi

Inflation will take time to moderate even after rate hikes: SBI Research

SBI Research did a dipstick study to understand the impact of the war on the inflation trajectory in both the rural and urban areas.

Cryptos can 'seriously undermine' monetary system: RBI tells House panel

The digital assets can lead to 'dollarisation' of economy, say top officials of the central bank.

Govt must cut import duty rates to combat inflation

Our government need not merely wait for the global commodity prices to drop but take active measures to supplement the actions of the monetary authorities

Am hoping govt, RBI will control inflation in medium term: EAC-PM member

Sanjeev Sanyal tells reporters govt is taking several steps to rein in process, including free rations, pruning of taxes; RBI has increased policy rate

NPA: A monster created by RBI's forbearance?

In August 2008, the RBI allowed banks to restructure bad debt. It was a one-time measure put in place till June 30, 2009, but the forbearance ended almost a decade later

Premature redemption price of sovereign gold bond fixed at Rs 5,115/unit

The price for premature redemption of sovereign gold bond (SGB) due on Tuesday has been fixed at Rs 5,115 per unit, an RBI release said.

Frauds in PSBs dip 51% t Rs 40,295 cr, cases not falling fast enough: RBI

Public sector banks reported over 51 per cent dip in the amount involved in frauds to Rs 40,295.25 crore during the financial year ended March 2022, the Reserve Bank of India has said

Majoritarianism will be extremely dangerous for the future of India: Rajan

The former RBI governor said India needs inclusive growth and the country cannot have inclusive growth by treating any segment of the population as second class citizens

Why Digital Rupee is a distraction and India ought to go slow on it

A digital currency is more of a fashionable trend and trends are for social media influencers, not governments

RBI appoints Sitikantha Pattanaik and Rajiv Ranjan as executive directors

Ranjan will also serve as an ex-officio member of the rate-setting panel Monetary Policy Committee (MPC)

RBI opens banks credit for NBFCs to on-lend continuously to priority sector

Bank credit to NBFCs, including HFCs, will be allowed up to an overall limit of 5% of an individual banks total priority sector lending

RBI's gold reserves up over 100 tonnes in the last two years, shows data

As at end-March 2022, the Reserve Bank held 760.42 tonnes of gold, including gold deposits of 11.08 tonnes

India is among the least favoured markets in Asia: Sunil Tirumalai of UBS

As liquidity starts drying up, banks rates start rising and market returns struggle, we expect some level of softness in household market allocations, he said

RBI restricts withdrawals from Maharashtra's Shankarrao cooperative bank

The RBI, in a statement, said the restrictions will remain in force for a period of six months from the close of business on May 13, 2022 and are subject to review

Hike in interest rates by banks may hit housing demand: Realtors

Soon after the central bank Reserve Bank of India (RBI) raised the repo rate by 40 basis points, the banking sector imitated the same by increasing interest rates in lending and deposit schemes.

Rupee hits a fresh intra-day low, cuts losses as RBI intervenes

Gold reserves increase by over 100 tonnes in two years

Inflation getting broad-based, RBI set to hike repo by 100 bps: CRISIL

The RBI hiked its key rate by 0.40 per cent in a surprise move last week while keeping an accommodative stance

Forex reserves fall by $28.05 bn in Sep 2021-Mar 2022 period: RBI report

RBI publishes half-yearly reports on management of foreign exchange reserves as part of its efforts towards enhanced transparency and levels of disclosure

RBI imposes Rs 2.97 million penalty on Unimoni Financial Services

A show-cause notice was issued to Unimoni Financial Services. The penalty was imposed after considering the company's response

Steps taken by RBI, govt to cut duration of high inflation: FinMin report

'Evidence on consumption patterns further suggests that inflation in India has a lesser impact on low-income strata than on high-income groups,' the finance ministry's monthly economic review said