New Delhi: An average Indian who has taken a home or an auto loan and a farmer under the stress of a crop loan from banks and NBFCs, can now have …
No need to pay EMIs of home, auto, farm loans till May 31 Read More
Mumbai: Indian stock markets erased all their initial gains on Friday afternoon, with the BSE Sensex trading over 250 points lower, although the Reserve Bank of India (RBI) announced an emergency …
RBI rate cut fails to boost market, Sensex falls to trade in red Read More
Mumbai: The Reserve Bank of India (RBI) on Friday massively reduced the key lending rates in response to the COVID-19 outbreak. Accordingly, the Monetary Policy Committee of the central bank in …
RBI cuts key lending rates to 4.40%; maintains accommodative stance Read More
New Delhi: Finance Minister Nirmala Sitharaman on Friday said the government has asked the Reserve Bank of India to look into wrongs at the Yes Bank and assign individual responsibilities. The …
RBI to assign responsibilities in the Yes Bank case: FM Read More Mumbai: The Reserve Bank of India on Friday put out the draft of a revival scheme for Yes Bank, which has been put under the control of the central bank. India’s …
RBI releases Yes Bank revival draft, says SBI ready to invest Read More
Mumbai: The top 50 non-banking finance companies (NBFCs) were being monitored closely, said Reserve Bank of India Governor Shaktikanta Das, here on Monday, hinting at the RBI’s focus on early detection …
Top 50 NBFCs’ asset-liability status under RBI lens: Das Read More
Mumbai: The Reserve Bank of India on Friday notified norms for asset classification on date of commencement of commercial operations (DCCO) deferment for commercial realty projects. Banks are allowed to revise …
RBI notifies norms for realty projects’ asset classification Read More
Bhubaneswar, Dec 12: Reserve Bank of India (RBI) Governor Shaktikanta Das and Odisha Chief Minister Naveen Patnaik discussed several issues on Thursday, including financial inclusion programmes. “A lot of issues, …
RBI Governor calls on Odisha CM Read More