RBI

Mumbai: Reserve Bank of India (RBI), on Friday, left the key policy rate unchanged at 6.5 per cent in its monetary policy review for the seventh consecutive time, with the aim of keeping inflation in check and ensuring that the…

New Delhi: All banking agencies are to remain open to the public on Sunday, March 31, 2024. Ordering the banks to notify the public about this special working day, RBI issued the notice on Wednesday. "The Government of India has made…

  New Delhi: The Reserve Bank of India (RBI) has issued directions to card issuers not to enter into any arrangement or agreement with card networks that restrain them from availing the services of other card networks.   As per this…

New Delhi: Shares of IIFL Finance slumped 20 per cent to the lower circuit on BSE at Rs 479 in Tuesday's intra-day trade after the Reserve Bank of India (RBI) barred the NBFC from sanctioning or disbursing gold loans or assigning/…

New Delhi: HDFC Bank received approval from the Reserve Bank of India (RBI) to sell its 90% stake in the education loan company HDFC Credila Financial Services Ltd- a move that will boost private lender’s income in the fourth quarter.…

New Delhi: Paytm shares stayed in the green with a 5 per cent rise today (February 20). This comes after Paytm founder and CEO Vijay Shekhar Sharma said that its QR code and soundbox facilities will continue to work even after the March 15…

New Delhi: Indian Renewable Energy Development Agency Ltd has received approval from the Reserve Bank of India to set up its wholly-owned subsidiary in the International Financial Services Centre situated in Gujarat. IREDA's presence in…

Mumbai: The Reserve Bank of India’s Monetary Policy Committee has decided to keep the policy repo rate unchanged at 6.5%. The six-member monetary policy committee voted by 5:1 majority to keep the repo rate unchanged in its last meeting…

Mumbai: Following the Reserve Bank of India's restrictions on Paytm Payments Bank Limited (PPBL), Paytm's share price on February 1 witnessed huge selling pressure. Paytm shares opened lower at ₹608.80 apiece on BSE and touched a 20 per…

Mumbai: The Reserve Bank of India (RBI) on Friday maintained its benchmark repo rate at 6.5%, keeping its focus on anchoring inflation and boosting growth. The RBI also continued with its policy stance of “withdrawal of accommodation” to…