[ad_1] RBI Governor Shaktikanta Das (Picture: PTI)
The Reserve Financial institution of India (RBI) stays alert and dedicated to behave early and decisively to forestall any buildup of dangers, mentioned Governor Shaktikanta Das in his foreword to the “Monetary Stability Report” (FSR), launched on... Continue reading
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[ad_1] © Reuters. MUMBAI – The Indian rupee skilled slight fluctuations this week as merchants anticipated the Reserve Financial institution of India’s financial coverage announcement. On Friday, the foreign money appreciated by two paise to commerce at 83.34 in opposition to the US greenback, buoyed... Continue reading
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The Reserve Financial institution of India and Financial institution of England has signed a memorandum of understanding on Friday which is able to finish the imbroglio over British banks’ participation in Indian bonds and by-product market.
“The MoU establishes a framework for... Continue reading
[ad_1] The Reserve Financial institution imposed a financial penalty of Rs 90.92 lakh on Axis Financial institution and Rs 42.78 lakh on gold mortgage agency Manappuram Finance for violation of sure instructions of the banking sector regulator. The fantastic has been imposed for non-compliance with sure... Continue reading
[ad_1] Mumbai: The Reserve Financial institution of India (RBI) has introduced the introduction of two essential surveys, specifically the ‘Inflation Expectations Survey of Households’ and the ‘Client Confidence Survey,’ geared toward gathering important knowledge for the upcoming bi-monthly financial coverage. The subsequent financial coverage overview... Continue reading
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The Reserve Financial institution of India (RBI) has charged the Non-Banking Finance Firm (NBFC) L&T Finance with Rs 2.50 crore for failing to stick to sure regulatory provisions relating to rates of interest.
The statutory inspection of the corporate was performed by... Continue reading