Reserve Bank Of India (rbi)
India  /  Published 20.10.21

State to buy 125kg gold for temple

The Telangana government will buy 125kg  gold from the Reserve Bank of India for gold-plating the “Vimana Gopuram” (temple tower) of Yadadri, the upcoming integrated temple city, chie...
By PTI in Hyderabad

Business  /  Published 20.10.21

RBI calls for more stimulus

The Reserve Bank of India (RBI) has said the domestic economy may need policy support for a longer period amid upbeat business expectations across capacity utilisation, demand and jobs, with improveme...
By Our Special Correspondent in New Delhi

Business  /  Published 19.10.21

RBI slaps fines on SBI, StanChart

The Reserve Bank of India (RBI) on Monday imposed a monetary penalty of Rs 1 crore on the State Bank of India (SBI) and a Rs 1.95 crore fine on Standard Chartered Bank for the violation of various gui...
By PTI in New Delhi

Opinion  /  Published 19.10.21

Challenges to economic recovery in India

The International Monetary Fund revealed its outlook for the world economy last week. A year and a half after the pandemic, global recovery remained reassuringly strong: the world economy is expected ...
By Renu Kohli

Business  /  Published 15.10.21

Steps towards convertibility

India is nearing a big shift in its long-term goal of achieving open access to and convertibility in its markets with greater global integration and freer non-resident access to debt, Reserve Bank of ...
By Reuters in Mumbai


Business  /  Published 13.10.21

Centrum gets small bank permit

The Reserve Bank of India (RBI) on Tuesday issued a Small Finance Bank (SFB) licence to the consortium of Centrum Financial Services Ltd (Centrum) and Resilient Innovations Pvt Ltd (BharatPe). The de...
By Our Special Correspondent in Mumbai

Business  /  Published 13.10.21

RBI bars Srei auditor

The Reserve Bank of India (RBI) on Tuesday barred the chartered accountant firm Haribhakti & Co LLP from undertaking any type of audit assignments for entities regulated by it for a period of two ...
By Our Special Correspondent in Mumbai

Business  /  Published 09.10.21

Srei firms face insolvency process

The Reserve Bank of India has taken the Srei group firms — Srei Infrastructure Finance and Srei Equipment Finance — to the National Company Law Tribunal’s Calcutta bench on Friday. ...
By Our Bureau in Calcutta

Business  /  Published 09.10.21

RBI starts tightening liquidity

The Reserve Bank of India (RBI) on Friday suspended a bond acquisition programme (G-SAP) and increased the limit of an instrument — variable rate reverse repo (VRRR), as the apex bank took the f...
By Our Special Correspondent in Mumbai

Business  /  Published 08.10.21

IMPS limit raised to Rs 5 lakh

In a bid to promote digital transactions, the Reserve Bank on Friday proposed to increase the per transaction limit from Rs 2 lakh to Rs 5 lakh through Immediate Payment Service (IMPS). IMPS managed ...
By Our Bureau, PTI in Mumbai


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