RBI issues framework for reclassification of FPI to FDI
Any FPI investing in breach of the prescribed limit has the option of divesting their holdings or reclassifying such holdings ...
RBI’s Das Says Stance Shift Doesn’t Mean Immediate Rate Cut
India’s central bank governor said an easing in the monetary policy stance doesn’t mean interest rates will be cut at the ...
All-time low awaits rupee before US election; RBI may help out
The Indian rupee is poised to open at a lifetime low on Tuesday as market participants eye the U.S. presidential election, ...
SBI Chairman CS Setty predicts when RBI will cut raes next. It's not in December
SBI chairman anticipates RBI will cut interest rates in February 2025. Depositors can expect current interest rates to remain ...
Rupee hits record low on US election updates, RBI likely steps in
The Indian rupee weakened to an all-time low on Wednesday as early results of the U.S. presidential election spurred a rally ...
RBI Imposes Monetary Penalty On South Indian Bank Limited
The Reserve Bank of India (RBI) has, by an order dated November 08, 2024, imposed a monetary penalty of ?59.20 lakh (Rupees Fifty-Nine Lakh and Twenty Thousand only) on South Indian Bank Limited (the ...
RBI ready to weaken rupee in line with yuan after Donald Trump win
A depreciating yuan will lower the cost of Chinese goods, potentially leading to more imports and further widening India's ...
Investing3h
In-Solutions Global fully authorised to issue Prepaid Payment Instrument under RBI Act
In-Solutions Global Ltd (ISG), a leading force in the payments industry, has been granted authorisation by the RBI to ...
Deposit rates at peak, RBI cut likely in Feb: SBI chief
SBI Chairman C.S. Setty predicts the Reserve Bank of India will hold off on cutting interest rates until February 2025, ...
RBI Tightens KYC Regulations with Fresh Guidelines on Customer Verification and Data Sharing - Check New Rules
On November 6, 2024, the Reserve Bank of India (RBI) declared changes to the Master Directions regarding Know Your Customer ...
Zee Business4d
RBI Governor Shaktikanta Das says incoming data on GDP growth mixed but positives outweigh negatives
The RBI, however, has been holding onto its estimate of 7.2 per cent real GDP growth for FY25, even as some expect it to be lower than 7 per cent. Das said the RBI tracks over 70 high-speed indicators ...