reserve bank of india
RBI revamps departments for effective supervision, regulation of banking sector
Reserve Bank had separate departments for supervisory, regulatory functions which were integrated into two unified departments.
RBI rejigs internal setup to monitor banks better
The development follows the RBI’s central board decision to create separate supervisory and regulatory cadre.
PMC depositors hold agitation
A delegation of depositors also met a chief general manager-rank officer after the protest in suburban BKC and submitted a memorandum.
Forex reserves cross USD 440 billion mark, up by USD 1.04 billion
The value of the gold reserves increased by USD 82 million to USD 26.861 billion for the week, the RBI said.
India jumps 14 places in ease of doing biz
India also ranked Number One in South Asia. India went up ahead by 23 and 30 places, respectively, in the past two years.
Economic slump: PM Modi set to meet top ministers today
India is currently a $2 trillion worth economy.
RBI feels bank rates will drop after benchmarking
All the six members of the MPC had voted in favour of a rate cut.
Real estate market sentiment decline to 2016 note ban levels
A score of over 50 signifies ‘optimism’ in sentiments, a score of 50 ‘neutral’ and a score below 50 ‘pessimism’.
RBI raises PMC Bank customers' withdrawal limit to Rs 40,000
With this, about 77 per cent of the depositors will be able to withdraw their entire account balance, said RBI.
HDFC lowers lending rates by 10 bps to 8.25 per cent
The interest rate will range from 8.25 to 8.65 percent depending on the borrower.