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Tuesday, May 28, 2024

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RBI

TMC leader accused in illegal forex dealings furnished misinformation to RBI

The Enforcement Directorate (ED) has got specific information on Trinamool Congress leader Shankar Adhya, accused in ration distribution case and diverting the proceeds abroad...

RBI retains repo rate; GDP growth at 6.5%, inflation at 5.4%

As predicted by economists, the Reserve Bank of India's Monetary Policy Committee (MPC) did not change the repo rate from 6.50 per cent. Announcing the...

Compromise settlement by banks with wilful defaulters

RBI has issued a Framework for Compromise Settlements and Technical Write-offs dated 8th June, 2023. This has generated much heat and discussion since the...

Raghuram Rajan used false figures, questionable analysis for his PLI research: MoS IT Rajeev Chandrasekhar

Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, on Thursday hit out at former Reserve Bank of India (RBI) Governor Raghuram Rajan...

This is a ‘Main Hoon Na’ policy of RBI, very-very reassuring for the markets: Nilesh Shah

"This is a 'Main Hoon Na' policy of RBI, very-very reassuring for the markets: Nilesh Shah", Economic Times, June 8, 2023: "Undoubtedly, the RBI policy...

RBI to withdraw Rs 2000 currency notes; to continue as legal tender

The Reserve Bank of India (RBI) on Friday said that it will withdraw the Rs 2,000 denomination banknote from circulation but it will continue...

As inflation cools off, RBI Guv says ‘monetary policy on right track’

With the latest official data indicating a cooling off in the headline inflation to 4.7 per cent in April, RBI Governor Shaktikanta Das said...

Trilemma in de-dollarisation 

Recently RBI has permitted banks from 18 countries to open Special Vostro Rupee Accounts (SVRAs) to settle the trade payments with Bharat in rupees....

Regulations for regulators

Credit rating agencies (CRAs) and merchant bankers (MBs) play a crucial role in an economy that is market driven. When rated corporates go bankrupt...

RBI imposes monetary penalty of Rs. 3.06cr on Amazon Pay

The Reserve Bank of India on Friday said that it has imposed a monetary penalty of Rs 3.06 crore on Amazon Pay (India) Private...

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