RBI Working on Database of Fraudsters to Prevent Bank Fraud
The Reserve Bank of India (RBI) is setting up a fraud registry to help keep repeat offenders out. “The fraud registry will capture information such...
Tag : Reserve Bank of India (RBI)
RBI’s Surplus Falls Below Rs 1 Trillion as Liquidity Shrinks
A combination of factors, including Reserve Bank of India (RBI) intervention in foreign exchange markets and strong demand for credit, contributed to a significant reduction...
Monetary Policy Committee (MPC) Supports Front-Loading Rate Increases to Reduce Inflation
According to the minutes of the Reserve Bank of India’s August policy meeting, which were made public on Friday, the majority of the committee’s members...
IRCTC Tenders to Hire Consultants for Digital Asset Monetisation
According to media reports, Railway ticketing and catering giant Indian Railways Catering and Tourism Corporation (IRCTC) has tendered for consultants to monetise digital assets. These...
Govt Gets RBI Nod for Structuring IDBI Stake Sale
The Reserve Bank of India (RBI) has agreed with the government to arrange the sale of IDBI’s stake. All issues related to the structure of...
HDFC Bank Raises $300 Mn in NRE Deposits
India’s most valuable bank, HDFC Bank, is said to have raised $300 million in NRE deposits, 50 basis points above prevailing rates, people familiar with...
RBI Rise Rates After Loan EMI Set
On Friday, the Reserve Bank of India (RBI) decided to hike in policy repo rate by another 50 basis points (bps) to 5.4%. As per...
RBI MPC Meet Starts Today, Repo Rate Hike on the Cards
Today, three days Monetary Policy Committee meeting is scheduled with the governor of the Reserve Bank of India (RBI), Shaktikanta Das, and another member of...
Strong Q1 Earnings Push ITC to 3-Year High, Shares Up 3%
ITC shares hit a more than three-year high of Rs 316.65 in intraday trade on Tuesday, up 3% on the BSE, after the cigarette hotel...
RBI Bans Non-Card Issuers from Storing CoF Data from October 1
On Thursday, the Reserve Bank of India (RBI) said that from October 1, no entity in the card transaction/payment chain other than the card issuer...