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RBI Governor Sanjay Malhotra Asks US Industry To Invest In India
Reserve Bank Governor Sanjay Malhotra has exhorted the US industry to invest in India, stressing that the country continues to be the fastest growing major economy supported by policy consistency and certainty.
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US Bank Regulators Pull Back Guardrails on Bank Crypto Activities
US banking regulators have pulled back directives urging banks to show caution when dabbling in cryptocurrency. Under the prior guidance, regulators warned banks to be wary of volatility, legal uncertainty and liquidity risks when considering whether to provide crypto-related services or take on crypto companies as clients.
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Gold Hits Record, Stocks Diverge As Trump Fuels Fed Fears
Gold reached $3,500 an ounce for the first time Tuesday as US President Donald Trump's tariffs and verbal assault on the Federal Reserve prompted investors to snap up the safe-haven asset.
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RBI Allows Minors Over 10 Years To Open Bank Accounts Independently
The Reserve Bank of India (RBI) is now allowing minors aged 10 years and above to open and operate savings and term deposit accounts independently.
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RBI Cuts Repo Rate For 2nd Time To 6%. Here's What It Means
The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points, bringing it down from 6.25% to 6% - a move expected to ease borrowing costs for individuals and businesses.
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"India Proactively Engaging With US": RBI Governor On Trump Tariff Impact
The Monetary Policy Committee, which consists of three RBI and three external members, cut the repo rate by 25 basis points to 6 per cent.
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RBI Cuts Key Rate To 6% As Trump Tariffs Kick In, Home Loans To Be Cheaper
Reserve Bank of India cuts key lending rate by 25 basis points to 6% as Trump tariffs kick in
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RBI Allows Banks To Hike ATM Cash Withdrawal Charges By Rs 2 To Rs 23
The Reserve Bank on Friday permitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by Rs 2 to Rs 23 per transaction from May 1.
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Banks' Loan Growth Slows For 8th Straight Month In February: RBI Data
Loan growth at Indian banks moderated for an eighth straight month in February, central bank data showed on Thursday, due to a drop in personal and credit card loans following tighter rules by the Reserve Bank of India.
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RBI Imposes Rs 75 Lakh Penalty On HDFC Bank For Breach Of Norms
The Reserve Bank of India (RBI) has imposed a penalty of Rs 75 lakh on HDFC Bank, the country's largest private sector lender, for not complying with directions in the RBI's Know Your Customer (KYC) master direction, according to officials.
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LIC Requests RBI To Introduce 100-Year Government Bonds
Life insurance giant LIC has requested the Reserve Bank to introduce long-term government bonds, including 100-year paper as well, a top official said on Tuesday.
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South Korea’s Central Bank Dismisses Bitcoin as Reserved Asset Citing Uncertainty, Risks: Report
The Bank of Korea (BoK) has reportedly said that Bitcoin’s volatility is a matter of risk and concern for the country’s national stability. The BoK said that it had not even begun to review the possibility of having Bitcoin as a reserved asset alongside gold and fiat currencies among other securities.Â
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This Government Bond Made Investors Rich By Nearly 200% In 8 Years
Investors in the Sovereign Gold Bond (SGB) 2016-17 Series IV and 2019-20 Series IV are set for significant returns, with the Reserve Bank of India (RBI) announcing the final redemption price.
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"Monitoring Closely": RBI On IndusInd Bank's Rs 2,100 Crore Accounting Lapse
RBI confirmed that the bank remains well-capitalised and there is no cause for concern among depositors.
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Retail Inflation Eases To 3.61% In February: Government Data
Retail inflation slipped to 3.61 per cent in February mainly due to the decline in the rate of price rise in vegetables and protein-rich items, creating space for the Reserve Bank of India for second reduction in interest rate next month.
-
RBI Governor Sanjay Malhotra Asks US Industry To Invest In India
Reserve Bank Governor Sanjay Malhotra has exhorted the US industry to invest in India, stressing that the country continues to be the fastest growing major economy supported by policy consistency and certainty.
-
US Bank Regulators Pull Back Guardrails on Bank Crypto Activities
US banking regulators have pulled back directives urging banks to show caution when dabbling in cryptocurrency. Under the prior guidance, regulators warned banks to be wary of volatility, legal uncertainty and liquidity risks when considering whether to provide crypto-related services or take on crypto companies as clients.
-
Gold Hits Record, Stocks Diverge As Trump Fuels Fed Fears
Gold reached $3,500 an ounce for the first time Tuesday as US President Donald Trump's tariffs and verbal assault on the Federal Reserve prompted investors to snap up the safe-haven asset.
-
RBI Allows Minors Over 10 Years To Open Bank Accounts Independently
The Reserve Bank of India (RBI) is now allowing minors aged 10 years and above to open and operate savings and term deposit accounts independently.
-
RBI Cuts Repo Rate For 2nd Time To 6%. Here's What It Means
The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points, bringing it down from 6.25% to 6% - a move expected to ease borrowing costs for individuals and businesses.
-
"India Proactively Engaging With US": RBI Governor On Trump Tariff Impact
The Monetary Policy Committee, which consists of three RBI and three external members, cut the repo rate by 25 basis points to 6 per cent.
-
RBI Cuts Key Rate To 6% As Trump Tariffs Kick In, Home Loans To Be Cheaper
Reserve Bank of India cuts key lending rate by 25 basis points to 6% as Trump tariffs kick in
-
RBI Allows Banks To Hike ATM Cash Withdrawal Charges By Rs 2 To Rs 23
The Reserve Bank on Friday permitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by Rs 2 to Rs 23 per transaction from May 1.
-
Banks' Loan Growth Slows For 8th Straight Month In February: RBI Data
Loan growth at Indian banks moderated for an eighth straight month in February, central bank data showed on Thursday, due to a drop in personal and credit card loans following tighter rules by the Reserve Bank of India.
-
RBI Imposes Rs 75 Lakh Penalty On HDFC Bank For Breach Of Norms
The Reserve Bank of India (RBI) has imposed a penalty of Rs 75 lakh on HDFC Bank, the country's largest private sector lender, for not complying with directions in the RBI's Know Your Customer (KYC) master direction, according to officials.
-
LIC Requests RBI To Introduce 100-Year Government Bonds
Life insurance giant LIC has requested the Reserve Bank to introduce long-term government bonds, including 100-year paper as well, a top official said on Tuesday.
-
South Korea’s Central Bank Dismisses Bitcoin as Reserved Asset Citing Uncertainty, Risks: Report
The Bank of Korea (BoK) has reportedly said that Bitcoin’s volatility is a matter of risk and concern for the country’s national stability. The BoK said that it had not even begun to review the possibility of having Bitcoin as a reserved asset alongside gold and fiat currencies among other securities.Â
-
This Government Bond Made Investors Rich By Nearly 200% In 8 Years
Investors in the Sovereign Gold Bond (SGB) 2016-17 Series IV and 2019-20 Series IV are set for significant returns, with the Reserve Bank of India (RBI) announcing the final redemption price.
-
"Monitoring Closely": RBI On IndusInd Bank's Rs 2,100 Crore Accounting Lapse
RBI confirmed that the bank remains well-capitalised and there is no cause for concern among depositors.
-
Retail Inflation Eases To 3.61% In February: Government Data
Retail inflation slipped to 3.61 per cent in February mainly due to the decline in the rate of price rise in vegetables and protein-rich items, creating space for the Reserve Bank of India for second reduction in interest rate next month.
