Reserve Bank of India

New Delhi: The Government of India, in consultation with the Reserve Bank of India, has finalized its borrowing programme for the first half (H1) of FY 2024-25. Out of Gross Market borrowing of ₹14.13 lakh crore projected for FY 2024-25 in…

Bhubaneswar: With prudent fiscal management and a robust policy framework, Odisha has set a benchmark in the country with zero borrowing from the market. As per the Reserve Bank of India report, Odisha is the only state which has not…

New Delhi: The Reserve Bank of India has directed Paytm Payments Bank Ltd to stop onboarding new customers with immediate effect. The Comprehensive System Audit report and subsequent compliance validation report of the external auditors…

The Reserve Bank of India (RBI) cautioned the public today not to fall prey to misleading advertisements related to loan waiver offers in print and on social media platforms. In a statement, RBI said it has noticed certain misleading…

New Delhi: The Government of India, in consultation with the Reserve Bank of India, has finalized its borrowing programme for the second half (H2) of FY 2023-24. Out of Gross Market borrowing of ₹15.43 lakh crore projected for FY…

New Delhi: The Reserve Bank of India on Tuesday issued revised classification, valuation and operation guidelines for the investment portfolio of commercial banks, which will be effective from April 1, 2024. Banks will have to categorise…

Mumbai: The Reserve Bank of India (RBI) on Friday asked banks to provide fixed interest rate option to individual borrowers and directed the lenders to levy only reasonable penalty charges in case of default in EMI payments. The two…

New Delhi: RBI Governor Shaktikanta Das on Friday called for a global debt data-sharing platform to help countries needing multilateral assistance get relief on a timely basis. Addressing a G20 seminar on the global economy, organised by…

New Delhi: State Bank of India (SBI), the largest lender in India, has increased its marginal cost of funds-based lending rate (MCLR) by 5 basis points (bps) with effect from Saturday, July 15, 2023. The MCLR represents the minimum…

New Delhi: The Reserve Bank of India (RBI) and the Central Bank of UAE (CBUAE) signed two MoUs today in Abu Dhabi for (i) establishing a Framework to Promote the Use of Local Currencies viz. the Indian rupee (INR) and the UAE Dirham (AED)…