You Searched For "Reserve Bank of India"

Nation

IIP grows 5.9%, inflation up 5.08%

New Delhi: With good performance in key sectors, mostly in mining and power, India's industrial production grew 5.9 per...

12 July 2024 2:41 PM GMT

Economy

RBI Cautions Use of Internal Accounts for Frauds, Loan Evergreening

Mumbai: The Reserve Bank of India (RBI) on Wednesday raised concerns about banks having lakhs of accounts that are being...

10 July 2024 4:19 PM GMT

Nation

RBI Inks Pact to Link UPI with Four ASEAN Countries for Retail...

Mumbai: The Reserve Bank of India (RBI) announced on Monday a collaboration with the Bank for International Settlements...

1 July 2024 4:29 PM GMT

Business

RBI Governor Stresses on Removal of Biases in AI and Machine Learning

Shaktikanta Das highlighted the growing use of statistics as a preferred tool for making inferences in various fields

28 Jun 2024 4:20 PM GMT

Business

RBI Introduces Rs 25,000 Crore Currency Swap Window for SAARC Nations

Mumbai: The Reserve Bank of India (RBI) on Thursday announced that it has with the concurrence of the government of...

27 Jun 2024 3:31 PM GMT

Economy

India’s Current Account Balance Turns Surplus in Q4FY24

Mumbai: India’s current account balance recorded a surplus of $ 5.7 billion (0.6 per cent of GDP) in the fourth quarter...

24 Jun 2024 3:34 PM GMT

Business

Business Growth Should Never Come at the Expense of Unacceptable...

Mumbai: The Reserve Bank of India (RBI) governor Shaktikanta Das on Thursday said that while lenders should pursue...

20 Jun 2024 2:57 PM GMT

Business

Canara Bank to sell 14.50% in insurance arm via IPO

Mumbai: State owned Canara Bank on Friday announced its plan to dilute 14.50 percent stake in its subsidiary Canara HSBC...

31 May 2024 3:55 PM GMT

News

ARCs or their recovery agents should not harass borrowers says RBI Dy...

Mumbai: The Reserve Bank of India’s (RBI) deputy governor M Rajeshwar Rao said that governance in asset reconstruction...

31 May 2024 3:27 PM GMT

Business

RBI's Balance Sheet Rises 11 pc to Rs 70.47 Lakh Cr in FY24

Mumbai: The size of the Reserve Bank's balance sheet increased by 11.08 percent to Rs 70.47 lakh crore as of March 2024,...

30 May 2024 12:22 PM GMT

Business

RBI Bars Edelweiss ARC from Acquiring Bad Loans

Mumbai: The Reserve Bank of India (RBI) on Wednesday said it has imposed supervisory actions against ECL Finance Limited...

29 May 2024 7:32 PM GMT

Business

Some ARCs Are Bypassing Norms, Says RBI Deputy Governor

Mumbai: The Reserve Bank of India (RBI) Deputy Governor, Swaminathan J on Wednesday said that the central bank’s onsite...

29 May 2024 5:06 PM GMT