As many as nine more Non-Banking Financial Companies (NBFC) have stopped functioning as RBI blacklisted five of them while four submitted their certif...
Morgan Stanley Predicts that RBI’s Upcoming MPC Might have Interest Rates Hike
Morgan Stanley's base case assessment remains that "the RBI will hike in 4Q18. However, considering that we see upside risks to our inflation forecast...
RBI is Ready to Infuse Cash into Banks by March-End
The Reserve Bank of India will be ready to inject adequate amount of extra cash into banks if needed ahead of March-end to give flexibility to lenders...
RBI Kept Repo Rate at 6%
The Reserve Bank of India (RBI) retained its key interest rate, the repo rate, at 6 percent. The central bank had last cut rates at its August 2017 me...
Reserve Bank of India to Discuss MSME Issues for State of Goa
Reserve Bank of India, Financial Inclusion & Development Dept. will be conducting a Town Hall Meeting on Micro, Small & Medium Enterprises (MSME) issu...
RBI Restricts PCA Framework for United Bank of India
RBI prescribed certain additional actions under the PCA in view of high net NPAs.
RBI Revised it’s Growth Projections for 2017-18
The Reserve Bank of India (RBI) lowered the country's growth projection for 2017-18, pegging the Gross Value Added (GVA) at 6.7 percent. The central b...
Considering August Inflation Report, RBI Could Maintain Status Quo on Rates
While core inflation in August rose to 4.6 percent, high food and fuel prices pushed wholesale inflation at 3.24 percent, to nearly double of that ove...
Public Sector Banks Need to Trim Bad Loans: RBI Governor
Emphasizing on a time-bound liquidation of stressed business assets and preparedness to control the bad loans, Urjit Patel Governor, Reserve Bank of I...
Repo Rate Cut by 25 Basis Points, Investors Welcome this RBI’s Move
In line with the market expectations, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has slashed the repo rate by 25 basis poi...