Ajay Kumar Appointed as New RBI ED
The Reserve Bank of India (RBI) has selected Ajay Kumar as its Executive Director (ED). Kumar will manage the areas of currency management, foreign exchange...
Tag : Reserve Bank of India (RBI)
RBI Removes Ban on HDFC Bank After Months
The Reserve Bank of India (RBI) removed the technology ban on HDFC Bank after nine months. RBI has permitted the bank to issue new credit...
India’s GDP Growth in Q1FY22 Observed at 14.2%-23.3%
The Indian economy rose 19-20 per cent in the first quarter this fiscal. The total-year gross domestic product (GDP) is estimated to grow 7.9-9.6 per...
States Step Up Capex as Tax Revenues Increases
State governments have moved up capital expenditure (Capex) in the first quarter of the current financial year, turning a declining trend saw in the previous...
RBI Continues TLTRO Scheme for Another Three Months
The Reserve Bank of India (RBI) increased the Targeted Long Term Repo Operation (TLTRO), a dedicated liquidity window for another three months. Companies from different...
Not Waiving Farmer Loan, Says Government
The centre on Monday said that there is no offer mentioned to waive loans of farmers, including Scheduled Caste and Scheduled Tribe farmers. In a...
RBI Asks Lenders to Regularise Credit, Debit Card
The Reserve bank of India (RBI) has requested lenders to roll out business continuity plans (BCP) after it had banned Mastercard from issuing new credit,...
SBI Card Gains 4% on Strong Performance of June Quarter
SBI Cards and Payment Services (SBI Card) has risen 4 per cent to Rs 991.95 on the BSE intra-day trade on asset quality improvement in...
RBI Working Towards Making Virtual Currency a Reality
Reserve Bank of India (RBI) is working towards a “staged rollout strategy” of the Central Bank Digital Currency (CBDC), RBI Deputy Governor T Rabi Sankar...
RBI Allows IDFC to Exist as Promoter of IDFC First Bank
On Thursday, IDFC Bank shares soared 19 per cent to their 52-week high of Rs 62.60 on the BSE in intra-day trade after the company...
