Das says economy remains robust despite elevated interest
10 October,2024 12:11 PM IST | Mumbai | Agencies
The Reserve Bank of India (RBI) regulates over 20 registered P2P platforms, ensuring transparency and investor protection. Despite challenges like a non-performing asset (NPA) rate of around 2-3 per cent, the sector remains a crucial tool for financial inclusion
09 October,2024 02:30 PM IST | Mumbai | Ritwik Mehta
RBI maintained the status quo despite the US Federal Reserve lowering the benchmark rates by 50 basis points last month; the central banks of some developed nations have also reduced their interest rates
09 October,2024 10:47 AM IST | Mumbai | mid-day online correspondent
The Monetary Policy Committee (MPC) is expected to prioritise factors such as inflationary trends, global economic uncertainties, and domestic growth prospects to be prioritised
07 October,2024 01:00 PM IST | Mumbai | mid-day online correspondent
RBI orders bank to give couple Rs 20,000 as compensation for mental harassment as well as Rs 187 interest on the FD
03 October,2024 01:36 PM IST | Mumbai | Shirish Vaktania
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The fake currency, which bore the misspelled label "Resole Bank of India," was presented to his staff in exchange for 2.1 kgs of gold
30 September,2024 06:28 PM IST | Ahmedabad | mid-day online correspondent
Speaking at Global Fintech Fest 2024, the governor said the RBI’s focus is on financial inclusion, deepening digital public infrastructure (DPI), consumer protection and cyber security, sustainable finance and global integration of financial services
29 August,2024 07:18 AM IST | Mumbai | Agencies
Four out of the six members of MPC voted in favour of the rate decision
09 August,2024 07:15 AM IST | Mumbai | Agencies
The changes focus on enhancing transparency, updating credit information more frequently, and expanding payment options
08 August,2024 06:19 PM IST | Mumbai | mid-day online correspondent
In a move reflecting its cautious approach amid ongoing economic uncertainties, the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5 percent. This marks the ninth consecutive time the central bank has opted for stability in its monetary policy
08 August,2024 11:10 AM IST | Mumbai | mid-day online correspondentADVERTISEMENT
