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Page 63 - Rbi

Gift City gold imports: Qualified jewellers can make advance payment

Banks have been asked to carry out all the due diligence and ensure remittances sent are only for the bona fide import transactions through exchange/s authorised by IFSCA

Gift City gold imports: Qualified jewellers can make advance payment
Updated On : 26 May 2022 | 1:25 AM IST

RBI cancels registration of five NBFCs due to irregular lending practices

The firms have been accused of charging excessive interest rates and harassing customers for loan recovery, among other things

RBI cancels registration of five NBFCs due to irregular lending practices
Updated On : 26 May 2022 | 12:06 AM IST

RBI cancels registration of five NBFCs due to irregular lending practices

The firms have been accused of charging excessive interest rates and harassing customers for loan recovery, among other things

RBI cancels registration of five NBFCs due to irregular lending practices
Updated On : 25 May 2022 | 8:20 PM IST

Retail inflation may settle at 5.7-6.9% in FY23 after fuel duty cuts

Economists expect 40-50 bps hike in repo rate by MPC next month

Retail inflation may settle at 5.7-6.9% in FY23 after fuel duty cuts
Updated On : 25 May 2022 | 5:09 PM IST

How US tech turmoil has separated established players from younger ones

In this interview with Business Standard’s Sanjay Kumar Singh, Rajeev Thakkar, chief investment officer, PPFAS Mutual Fund explains how the ongoing turmoil in the US tech sector has separated establi

Icon YoutubeHow US tech turmoil has separated established players from younger ones
Updated On : 25 May 2022 | 9:54 AM IST

ICICI Prudential AMC's S Naren on his investment mantra and more

Soaring inflation, global central bank policies and the Ukraine war have dampened sentiment across global financial markets. What does S Naren, of ICICI Prudential AMC think of the developments?

ICICI Prudential AMC's S Naren on his investment mantra and more
Updated On : 25 May 2022 | 7:00 AM IST

Credit card spending online Rs 30k cr higher than swipes in March: RBI data

In terms of the number of transactions, credit card transactions were marginally lower online at 11 crore as against 11.1 crore offline or at PoS machines

Credit card spending online Rs 30k cr higher than swipes in March: RBI data
Updated On : 24 May 2022 | 8:06 PM IST

A 'no-brainer': RBI governor Shaktikanta Das on expected rate hike in June

Says have entered another phase of 'coordinated action' between fiscal and monetary authorities

A 'no-brainer': RBI governor Shaktikanta Das on expected rate hike in June
Updated On : 23 May 2022 | 11:37 PM IST

Rupee rebounds 15 paise to 77.55 on weak dollar, expected RBI rate hike

At the interbank forex market, the domestic unit opened at 77.69 against the US dollar. It moved in a range of 77.51 to 77.69 during the session

Rupee rebounds 15 paise to 77.55 on weak dollar, expected RBI rate hike
Updated On : 23 May 2022 | 8:06 PM IST

Top headlines: RBI Governor on rate hike in June; metal stocks bleed

Business Standard brings you the top headlines on Monday

Top headlines: RBI Governor on rate hike in June; metal stocks bleed
Updated On : 23 May 2022 | 5:57 PM IST

Expectation of rate hike in June 'a no-brainer', says RBI Governor

Shaktikanta Das further said in a TV interview that the RBI and govt have entered into another phase of coordinated action to cool down inflation

Expectation of rate hike in June 'a no-brainer', says RBI Governor
Updated On : 23 May 2022 | 4:05 PM IST

Govt likely to stick to fiscal deficit target, says RBI Governor Das

Shaktikanta Das says RBI wants to raise rates in the next few MPC meetings, at least at the next one in June

Govt likely to stick to fiscal deficit target, says RBI Governor Das
Updated On : 23 May 2022 | 3:22 PM IST

Paytm payments bank expects RBI curbs to be lifted in 3-5 months: Executive

The bank is working with the RBI to complete the IT audit and address the regulator's concerns, says Madhur Deora.

Paytm payments bank expects RBI curbs to be lifted in 3-5 months: Executive
Updated On : 23 May 2022 | 1:18 AM IST

Explained: Do NBFCs have a better future than large, diversified players?

Non-banking financial companies may have entered a comfort zone years after having been put through the wringer

Explained: Do NBFCs have a better future than large, diversified players?
Updated On : 23 May 2022 | 6:03 AM IST

Rating agencies seek harmonisation of norms for debentures and loans

The purpose of such a mechanism is to get better ratings and reduce cost of funds for an entity floating instruments.

Rating agencies seek harmonisation of norms for debentures and loans
Updated On : 21 May 2022 | 6:10 AM IST

RBI to transfer Rs 30K cr surplus to govt for FY22; lowest amount in 8 yrs

Last year, the transfer of Rs 99,126 crore was for a nine-month period ended March 2021

RBI to transfer Rs 30K cr surplus to govt for FY22; lowest amount in 8 yrs
Updated On : 21 May 2022 | 12:31 AM IST

Reserve Bank board approves Rs 30,307 cr dividend payment to govt for FY22

The dividend payment comes after the economy comes under stress from the war in Ukraine and fears for the world economy.

Reserve Bank board approves Rs 30,307 cr dividend payment to govt for FY22
Updated On : 20 May 2022 | 3:59 PM IST

Rupee slips to fresh low against dollar for fourth straight trading session

The rupee opened weaker at 77.70/$ as compared to Wednesday's close of 77.58/$ and traded in a narrow range amid intervention from the central bank

Rupee slips to fresh low against dollar for fourth straight trading session
Updated On : 20 May 2022 | 1:59 AM IST

'RBI rate hike was moderate as CRR was also raised': Ashima Goyal

Monetary policy committee says decision to cut repo rate was at the correct time.

'RBI rate hike was moderate as CRR was also raised': Ashima Goyal
Updated On : 20 May 2022 | 12:06 AM IST

RBI allows settlement of trade transactions with Sri Lanka in Indian rupee

Sri Lanka is facing its worst economic crisis since gaining independence from Britain in 1948

RBI allows settlement of trade transactions with Sri Lanka in Indian rupee
Updated On : 19 May 2022 | 11:59 PM IST