Home » RBI

You Searched For "RBI"

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI allows banks to lend more to some non-banking finance firms

The limit has been raised from 10 per cent and is effective up to December 31.

19 Oct 2018 11:26 AM IST

Indias current account deficit widened in the four quarters through June 2018 to 1.9 per cent of the GDP.

US says it could remove India from currency monitoring list

Foreign currency reserves stood at USD 380 billion, equal to 3.7 times gross short-term external debt.

18 Oct 2018 9:09 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI guidelines on mobile wallet payments out

Currently, a mobile wallet does not allow customers to send or receive money from a wallet run by another company.

17 Oct 2018 8:49 AM IST

Nirav Modi and (right) Vijay Mallya, prominent white-collar scamsters in recent times

CVC analyses top 100 bank frauds, shares report with RBI, ED and CBI

The analysis focused on modus operandi, amount involved, type of lending, anomalies observed and loopholes facilitating...

16 Oct 2018 6:28 PM IST

Deputy Governor S S Mundra

BankBazaar appoints former RBI DG Mundra as advisor

BankBazaar said Mundra's expertise will help in driving 100 per cent paperless and presence-less financing by the...

15 Oct 2018 2:29 PM IST

Its a tech-savvy market and huge amount of data is being consumed, data at available at affordable prices, he said.

US wants to prohibit data localisation, trade official says amid...

American IT companies are up in arms against the latest Indian directive which kicks off next week.

13 Oct 2018 12:12 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI sticking with plan to force payments firms to store data locally:...

Governments globally are enforcing more stringent rules to protect user data.

11 Oct 2018 12:05 PM IST

Wholesale inflation in the month of October soared to 3.59 per cent on the back of food and fuel prices. (Photo: PTI)

Inflation likely rose to RBI's four percent target in Sept: report

Wholesale price inflation probably rose to 4.90 per cent in September from 4.53 per cent in August.

10 Oct 2018 12:28 PM IST

Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

Fiscal slippages to have adverse bearing on inflation, markets: RBI

Finance Minister Arun Jaitley has, however, assured that the government will stick to the fiscal deficit target.

5 Oct 2018 5:22 PM IST

The RBI has asked Axis Banks board to re-consider the decision to re-appoint Shikha Sharma as its MD and CEO for a fourth term.

RBI maintains status quo; warns volatile oil prices pose risk to...

MPC said that the recent excise duty cuts on petrol and diesel will moderate retail inflation.

5 Oct 2018 4:31 PM IST

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.

RBI lowers retail inflation projection to 3.9-4.5 pc for second half...

Inflation is projected at 4 pc in second quarter (July-September) 2018-19, 3.9-4.5 pc in H2 (October-March) and 4.8 pc...

5 Oct 2018 3:44 PM IST

Urjit Patel, governor, RBI

Reserve Bank of India keeps key policy rate unchanged at 6.50 pc

RBI in its monetary policy meet in August had decided to hike the key interest rates from 6.25 pc to 6.50 pc.

5 Oct 2018 2:44 PM IST