Rbi Report

The National Payments Council of India (NPCI) is in talks with the Reserve Bank of India (RBI) to decide the fate of its proposed December 31, 2022 deadline for capping Unified Payments Interface(UPI) market cap of each third-party app.

The Reserve Bank of India (RBI) has imposed fines to the tune of Rs 73.06 crore in 48 cases involving banks for violating certain provisions or contravention of its directions since January 2020.

The Reserve Bank of India has allowed HDFC Bank Ltd and Canara Bank Ltd to open a special "vostro account" for trade in rupees with Russia, local newspaper Business Standard reported today.

RBI Policy: The RBI is likely to opt for a 35 basis points (bps) rate hike at its policy meeting in December, as inflation eased, analysts said.

All the state school education boards except for three have agreed to include the financial literacy programme of RBI in their curriculums.

Morgan Stanley expects India's retail inflation to track within the Reserve Bank of India's target band by March 2023.

The RBI's monetary policy committee met on Thursday to discuss the bank's report to the government for having failed to meet its inflation targets.

The RBI's panel met to finalise a report for the government on why it failed to keep retail inflation below the target of 6 per cent.

The Reserve Bank of India (RBI) will not immediately release details of a report to the government explaining why it has failed to meet its targets for inflation, Governor Shaktikanta Das said.

The Indian central bank's window for foreign investors to buy commercial papers and shorter tenor corporate bonds closed without much interest, analysts said.

For the first time since the implementation of the monetary policy framework in 2016, the Reserve Bank will submit a report to the government on its failure to keep the retail inflation rate below six per cent for three consecutive quarters.

The Reserve Bank on Thursday asked banks and other financial institutions to report to the government details about accounts resembling 10 individuals who have been designated as terrorists.

The Indian central bank's 2013 playbook to buffer the domestic currency against steep declines and rebuild foreign exchange reserves is unlikely to prove fruitful in the current crisis as economic fundamentals are vastly different, analysts said.

The Reserve Bank of India, seeking to arrest the rupee's slide, is asking local banks to not build additional positions in the non-deliverable forward market.

With inflation staying above the upper tolerance limit for nine straight months, the Reserve Bank will now have to submit a report to the central government detailing reasons for the failure to contain prices.

The National Payments Council of India (NPCI) is in talks with the Reserve Bank of India (RBI) to decide the fate of its proposed December 31, 2022 deadline for capping Unified Payments Interface(UPI) market cap of each third-party app.

The Reserve Bank of India (RBI) has imposed fines to the tune of Rs 73.06 crore in 48 cases involving banks for violating certain provisions or contravention of its directions since January 2020.

The Reserve Bank of India has allowed HDFC Bank Ltd and Canara Bank Ltd to open a special "vostro account" for trade in rupees with Russia, local newspaper Business Standard reported today.

RBI Policy: The RBI is likely to opt for a 35 basis points (bps) rate hike at its policy meeting in December, as inflation eased, analysts said.

All the state school education boards except for three have agreed to include the financial literacy programme of RBI in their curriculums.

Morgan Stanley expects India's retail inflation to track within the Reserve Bank of India's target band by March 2023.

The RBI's monetary policy committee met on Thursday to discuss the bank's report to the government for having failed to meet its inflation targets.

The RBI's panel met to finalise a report for the government on why it failed to keep retail inflation below the target of 6 per cent.

The Reserve Bank of India (RBI) will not immediately release details of a report to the government explaining why it has failed to meet its targets for inflation, Governor Shaktikanta Das said.

The Indian central bank's window for foreign investors to buy commercial papers and shorter tenor corporate bonds closed without much interest, analysts said.

For the first time since the implementation of the monetary policy framework in 2016, the Reserve Bank will submit a report to the government on its failure to keep the retail inflation rate below six per cent for three consecutive quarters.

The Reserve Bank on Thursday asked banks and other financial institutions to report to the government details about accounts resembling 10 individuals who have been designated as terrorists.

The Indian central bank's 2013 playbook to buffer the domestic currency against steep declines and rebuild foreign exchange reserves is unlikely to prove fruitful in the current crisis as economic fundamentals are vastly different, analysts said.

The Reserve Bank of India, seeking to arrest the rupee's slide, is asking local banks to not build additional positions in the non-deliverable forward market.

With inflation staying above the upper tolerance limit for nine straight months, the Reserve Bank will now have to submit a report to the central government detailing reasons for the failure to contain prices.