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RBI
‘Bank mergers in Bharat has resulted in increased efficiency’
IANS -
Mergers of banks in Bharat has resulted in increased efficiency for the acquirers or the merged entity and higher shareholders wealth for the acquiree...
Regulators are experts in their domain, FM gives veiled message to judiciary on Adani-Hindenburg issue
IANS -
Finance Minister Nirmala Sitharaman on Saturday said that regulators in Bharat are quite experienced and experts in their domain.
She said this when asked to...
RBI hikes policy rate by 25 bps to 6.5%
IANS -
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday hiked the repo rate by 25 basis points to 6.50 per cent.
Wednesday's...
‘Consultation between RBI, Centre for 6 months’, SC affirms 2016 DeMo decision
IANS -
The Supreme Court on Monday upheld the validity of Centre's November 2016 decision to demonetise Rs 500 and Rs 1000 currency notes, saying that...
Despite global recessionary headwinds, Bharat’s economy is comfortably placed
IANS -
Bharat's economy grew faster during the first half of 2022-23 than other economies, driven by strong demand and investment. Inflationary pressures have been moderating...
Positive outlook for banks: All-time low NPAs, higher profits, resilient credit offtake
IANS -
The year 2022 was really a Happy Year for the Indian banks -- both government and private.
The banks enjoyed arbitrage between the lending and...
Despite headwinds, Indian financial system resilient, says RBI report
IANS -
The Indian economy is confronting strong global headwinds, yet sound macroeconomic fundamentals and healthy financial and non-financial sector balance sheets are providing strength and...
Technological disruptions and the role of Banks
While speaking at the 18th banking technology conference organised by Indian Banks’ Association on 3rd December, 2022, Executive Director, RBI, Mr. Ajay Kumar Choudary...
Ready to deal in digital rupee? Find out what exactly it is
IANS -
The Reserve Bank of India (RBI) had, last week, announced that it will commence a pilot project of digital rupee (eRs) for specific use...
How Blockchain-based CBDC and crypto are different
IANS -
Both the cryptocurrencies and the central bank digital currency (CBDCs) have attracted the interest of millions across India. However, despite their common position as...