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RBI governor Shaktikanta DasBusiness
It's govt right to demand interim dividend and use it the way its...

Payment of surplus or interim dividend to the government is a part of the RBI Act, says RBI Governor.

7 Feb 2019 4:46 PM IST

Also reports said that liquidity situation was better now than it was in October which is a good news for the NBFCs.Business
RBI to issue guidelines for harmonisation of NBFCs by month end

The guidelines for harmonisation of NBFCs would be issued by the end of this month.

7 Feb 2019 3:52 PM IST

Piyush Goyal, the interim finance minister, will present the 2019-20 budget to parliament, in the absence of Finance Minister Arun Jaitley, who is currently in the United States for medical treatment. (Photo: File)Business
RBI rate cut to boost growth, make loan affordable: Piyush Goyal

Rate cut by the RBI will give a boost to the economy by providing affordable credit to small businesses and homebuyers,...

7 Feb 2019 3:19 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
Single deposit of Rs 2 crore, more to qualify as 'bulk deposit', says...

Interest rate on bulk deposits are marginally higher than smaller-amount fixed deposits for similar maturity period.

7 Feb 2019 2:08 PM IST

RBIs Central Board will meet on Feb 18 to consider the audited results for Jul-Dec.Business
RBI to ensure adequate liquidity to all sectors

Total durable liquidity injected through open market operations has reached Rs 2.36 lakh crore.

7 Feb 2019 1:25 PM IST

The amount, to be transferred to farmers bank accounts, will vary from state to state.Business
RBI raises collateral-free farm loan limit to Rs 1.6 lakh

Currently, the banks are mandated to extend collateral-free agricultural loans up to Rs 1 lakh.

7 Feb 2019 12:50 PM IST

An SBI internal research report, Ecowrap, has pegged in a \fiscal deficit target of Rs 5.75 lakh crores for the financial year 2017-18, at 3.4 per cent of GDP.\Business
RBI projects 7.4 per cent GDP growth for FY20

GDP growth is likely to be influenced by growth in bank credit and overall financial flows to the commercial sectors.

7 Feb 2019 12:41 PM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI AssochamBusiness
RBI cuts inflation forecast to 2.8 pc for Q4 2019; 3.2-3.4 pc for...

Reserve Bank of India revised downwards the retail inflation forecast to 2.8 per cent.

7 Feb 2019 12:36 PM IST

Economic Affairs Secretary Shaktikanta DasBusiness
RBI cuts key rate by 25 bps, changes stance to neutral

Four of six members of the MPC voted to cut the rates, while all six members voted for a change in the stance.

7 Feb 2019 12:06 PM IST

Shaktikanta Das on Tuesday was appointed as the new governor of the Reserve Bank of India, a day after his predecessor Urjit Patel resigned. (Photo: File | PTI)Business
RBI MPC may change policy stance to neutral this week: experts

Today's policy statement from the RBI will mark first under Governor Das, who took office nearly a week after the last...

7 Feb 2019 11:17 AM IST

Executives conniving with loanees to defraud banks.Business
Over 15 cr Mudra loans sanctioned till Jan 25, Labour Minister informs...

Under PMMY collateral free loans up to Rs 10 lakh are extended to MSME to set up or expand their business activities.

7 Feb 2019 11:00 AM IST

Traditionally, banks have utilised their excess SLR in the initial period of credit revival.Business
Banks need Rs 20 lakh crore fresh deposits to meet credit demand

Currently, the average annual deposit mobilisation is around Rs 7 lakh crore over the past few years.

7 Feb 2019 12:39 AM IST

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