[ad_1] India’s current account deficit (CAD) widened sequentially to $9.2 billion in the quarter ended June 2023 (Q1 FY24), or 1.1 per cent of the gross domestic […]
RBI Guv calls for reduced dominance of individual directors on bank boards
[ad_1] Reserve Bank of India (RBI) Governor Shaktikanta Das has emphasised the need to avoid the excessive dominance of one or two directors in the functioning of […]
Wilful defaulters must be identified within 6 months
[ad_1] The Reserve Bank of India (RBI) on Thursday said lenders would have to examine all aspects relating to wilful default on accounts with outstanding dues of […]
RBI allows HDFC AMC’s stake acquisition in DCB Bank, Karur Vysya, 2 others
[ad_1] The Reserve Bank of India (RBI) has approved HDFC Asset Management Company (HDFC AMC) acquiring a 9.5 per cent stake each in DCB Bank, Karur Vysya […]
RBI approves re-appointment of Sashidhar Jagdishan as CEO of HDFC Bank
[ad_1] HDFC Bank chief Sashidhar Jagdishan The Reserve Bank of India (RBI) has approved the re-appointment of Sashidhar Jagdishan as the managing director (MD) and chief executive […]
Economy gaining strength, inflation to slide further in Sept: RBI report
[ad_1] Amid weakening global prospects, the Indian economy is gaining strength led by domestic drivers – private consumption and fixed investment, with strong public sector capital expenditure […]
RBI releases list of 15 NBFCs in upper layer under scale based regulations
[ad_1] The Reserve Bank of India (RBI) announced on Thursday the names of 15 non-banking financial companies (NBFCs) placed under the upper layer as per scale-based regulation […]
Lenders should release property docs within 30 days of loan repayments: RBI
[ad_1] The Reserve Bank of India (RBI) on Wednesday said Regulated Entities (RE) should release the original movable/immovable property documents and remove charges registered with the registry […]
RBI to withdraw incremental cash reserve ratio by Oct 7 in phased manner
[ad_1] Representative Image (Photo: Bloomberg) The Reserve Bank of India has decided to discontinue the Incremental Cash Reserve Ratio (I-CRR) by 7 October in a phased manner, […]
Surplus liquidity continues ahead of RBI’s incremental CRR review
[ad_1] Banks continue to park their excess liquidity with the Reserve Bank of India (RBI), indicating that the banking system is flush with funds, ahead of the […]