Tag: RBI

PM addresses RBI

Releases commemorative coin to mark 90 years of RBI “RBI plays a pivotal role in advancing our nation’s growth trajectory” “RBI has witnessed both the pre and post-independence eras and has created an identity around the world based on its professionalism and commitment” “Today we have reached a […]

Dr Mehta inaugurates Diamond Jubilee celebrations of RBI Jammu

Complements RBI’s efforts for ensuring a strong financial ecosystem in J&K JAMMU, NOVEMBER 28: Chief Secretary, Dr Arun Kumar Mehta today inaugurated the celebrations of Diamond Jubilee function of Reserve Bank of India, Jammu. The function was organized to mark the completion of RBI, Jammu’s 60 years. In […]

J&K Bank MD Baldev Prakash calls upon RBI Governor

J&K Bank MD Baldev Prakash calls upon RBI Governor SRINAGAR, JULY 06: On Tuesday, J&K Bank MD & CEO, Baldev Prakash called upon Governor, Reserve Bank of India, Dr Shaktikanta Das in Mumbai. He also interacted with the Deputy Governor Michael Patra during his visit to the RBI […]

PM launches two innovative customer centric initiatives of RBI

“One of the biggest touchstones of a democracy is the strength of its grievance redressal system. The Integrated Ombudsman Scheme will go a long way in that direction” “Retail Direct Scheme will give strength to the inclusion of everyone in the economy as it will bring in the […]

PM to launch two innovative customer centric initiatives of RBI on 12 November

DELHI, NOVEMBER 11: Prime Minister Shri Narendra Modi will launch two innovative customer centric initiatives of the Reserve Bank of India on 12 November, 2021 at 11 AM via video conferencing. These initiatives are the RBI Retail Direct Scheme and the Reserve Bank – Integrated Ombudsman Scheme. The […]

RBI’s Das wants to support growth, keep inflation expectations anchored

MUMBAI, July 8 – India’s central bank wants to anchor inflation expectations as it focuses on reviving economic growth, governor Shaktikanta Das told a local newspaper in an interview, and urged the government to look at lowering fuel taxes to ease price pressures. “We are acutely conscious and […]

COVID impact: RBI unveils loan restructuring scheme for individuals, small businesses

Mumbai, May 5: In a bid to provide succor from scourge of COVID-19 pandemic, the Reserve Bank on Wednesday came out with Resolution Framework 2.0 under which individuals and small businesses having exposure up to Rs 25 crore can opt for loan restructuring if they had not availed the […]

India’s economy holding up well against COVID-19 surge, says RBI

India’s economic activity has held up well against the recent spike in COVID-19 cases but the rise in infections risks protracted restrictions and inflationary pressures, the central bank (RBI) said in its monthly bulletin on Monday. “It is noteworthy that economic activity in India is holding up admirably […]

Indian rupee’s fortunes depend on RBI’s intent to prevent further weakness – economists

The Indian rupee’s near-term fortunes may directly be influenced by the Reserve Bank of India’s intent on preventing any further depreciation in the currency as the surge in COVID-19 cases hits jobs and growth, economists and traders said. The rupee has already lost 2.6% against the dollar so […]

RBI forms group to evaluate digital lending

MUMBAI – The Reserve Bank of India on Wednesday formed a working group to look at digital lending in the country, including lending through online platforms and mobile applications, it said in a statement. “Recent spurt and popularity of online lending platforms/ mobile lending apps has raised certain […]

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