Tag: RBI
FPIs Invest Rs 57,359 Crore in September, Hitting Nine-Month High
Foreign Portfolio Investors (FPIs) have set their sights on India, investing a whopping Rs 57,359 crore in the domestic stock markets so far in...
Tata Sons Must Go Public by 2024: NBFCs Thrive Under RBI’s SBR Framework
The non-banking financial companies (NBFCs) sector in India has witnessed remarkable growth in recent years, particularly since the introduction of the RBI’s Scale Based...
RBI Announces Bank Holidays for October 2024: Check Full List of Dates and Cities
The Reserve Bank of India (RBI) has officially released the bank holiday schedule for October, a month filled with various festivals across the country....
S&P Retains India’s Growth Forecast at 6.8% for FY 2024-25, RBI to Cut Interest...
S&P Global Ratings has once again reaffirmed its growth forecast for India at 6.8% for the financial year 2024-25, showcasing confidence in the country’s...
Government Considers Harsher Penalties for Banks Violating Regulations
The central government may consider increasing the penalty for banks if they do not follow the regulatory guidelines. A senior government official informed that...
India’s Forex Reserves Surge by $66 Billion in 2024, RBI Reports
India’s foreign exchange reserves have increased by $66 billion in 2024, reaching $689.235 billion. The Reserve Bank of India reports stable currency performance and...
RBI Governor Shaktikanta Das Named Top Central Banker for 2024 by Global Finance
Reserve Bank of India (RBI) Governor Shaktikanta Das has been named the world's top central banker for the second consecutive year by Global Finance....
RBI Penalizes Bank of Maharashtra, Hinduja Leyland Finance, and Poonawalla Fincorp for Non-Compliance
The RBI has fined Bank of Maharashtra Rs 1.27 crore for non-compliance with credit delivery, cyber security, and KYC guidelines. Hinduja Leyland Finance and...
RBI Report: July 2024 Inflation Rate to Rise by 0.20%, Reaching 8.2%
The RBI report predicts a 0.20 percent rise in inflation in July 2024, with rates reaching 8.2 percent. Learn how this will impact India's...
RBI’s Latest Decision: No EMI Hike as Repo Rate Stays at 6.5%
The Reserve Bank of India's Monetary Policy Committee has decided to maintain the repo rate at 6.5%, providing stability for loan holders. Discover how...
