On a review, it has been decided to reduce the risk weight for consumer credit, including personal loans, RBI statement said.
07 Aug 2019 7:35 PM
A detailed guideline in this regard will be issued by September-end.
07 Aug 2019 3:00 PM
RBI had said that it will make available the NEFT system on a 24x7 basis from December 2019.
07 Aug 2019 1:46 PM
The RBI said various high frequency indicators suggest weakening of both domestic and external demand conditions.
07 Aug 2019 1:36 PM
The fourth consecutive rate cut is expected to lower EMIs for home and auto buyers, and borrowing cost for corporates.
07 Aug 2019 12:49 PM
CPI (Consumer Price Index) retail inflation is projected at 3.1 per cent for the second quarter this fiscal.
07 Aug 2019 12:21 PM
RBI trims GDP growth forecast for current fiscal to 6.9 per cent from 7 per cent previously predicted.
07 Aug 2019 11:56 AM
Food prices have risen due to lower-than-expected monsoon rains over the past two months.
07 Aug 2019 9:59 AM
India's sovereign external debt-to-GDP level is among the lowest globally at less than 5 per cent.
07 Aug 2019 9:02 AM