Tag: RBI

Shaktikanta Das Urged All Banks to Link Loans & Deposits to Repo Rate
Banking & Finance, Finance

Shaktikanta Das Urged All Banks to Link Loans & Deposits to Repo Rate

SME STREET- August 19, 2019

These six PSBs announced the switch-over after the last monetary policy wherein RBI lowered the repo rates by 35 bps to a nine-year low of ... Read More

Delhi High Court Rapped RBI for Delay in Filing Response to PIL
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Delhi High Court Rapped RBI for Delay in Filing Response to PIL

SMEStreet Desk- August 10, 2019

A bench of Chief Justice D N Patel and Justice C Hari Shankar directed the deputy governor of the Reserve Bank of India (RBI) to ... Read More

RBI Surprised everyone by Reducing Repo Rate by 35 Basis Points
Banking & Finance, Finance

RBI Surprised everyone by Reducing Repo Rate by 35 Basis Points

SME STREET- August 8, 2019

Reserve Bank of India (RBI) has surprised everyone by reducing the benchmark lending rate by 35 basis points to 5.40 per cent amid concerns over ... Read More

RBI Relaxed Lending Norms for NBFCs for MSME, Agri and Affordable Housing
Banking & Finance, Finance

RBI Relaxed Lending Norms for NBFCs for MSME, Agri and Affordable Housing

SMEStreet Desk- August 7, 2019

Relaxing the bank lending norms to non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) today allowed the banks on lending through NBFCs to ... Read More

RBI Approves 24/7 Functionality of NEFT from December 2019
Banking & Finance, Finance

RBI Approves 24/7 Functionality of NEFT from December 2019

SMEStreet Desk- August 7, 2019

The National Electronic Funds Transfer (NEFT) system will be available on a 24x7 basis from December 2019, a move that according to the Reserve Bank ... Read More

Compliance Report on Whatsapp Payment Service To Be Filed by RBI
Banking & Finance, Finance

Compliance Report on Whatsapp Payment Service To Be Filed by RBI

SMEStreet Desk- August 3, 2019

Senior advocate Kapil Sibal, appearing on behalf of WhatsApp, told the bench headed by Justice Rohinton Fali Nariman that WhatsApp has complied with the RBI ... Read More

Bimal Jalan Panel to Have Revised Discussion on RBI’s Transfer of Surplus Funds
Finance, Banking & Finance

Bimal Jalan Panel to Have Revised Discussion on RBI’s Transfer of Surplus Funds

SMEStreet Desk- July 30, 2019

The Bimal Jalan panel will meet again to finalise the report on the transfer of RBI’s surplus and profits to the government in wake of the earlier ... Read More