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RBI
In financial year 2018-19 the proportion of gross non-performing assets (NPAs) to total loans decreased to 9.1 per cent compared to 11.2 per cent in 2017-18.
RBI sees corporate governance 'fault lines' at some lenders
25 Dec 2019 10:56 AM

Indian banks have shifted towards the retail market in recent years in response to a rise in soured corporate loans.

Onion prices are ruling high since September and were in the range of Rs 130-140 a kilogram in Delhi on Friday.
High onion prices figured prominently in RBI MPC meeting, minutes show
19 Dec 2019 7:38 PM

The six-member MPC had kept the repo rate unchanged on December 5 despite moderation in economic growth and easing inflation.

RBI Governor Shaktikanta Das hoped for the US-China truce on trade tariffs, announced over the weekend, would last as he pitched for coordinated efforts to push global growth like those after the 2008 financial crisis. (Photo: File)
RBI saw slowdown, acted ahead of time by cutting interest rates from Feb: Das
16 Dec 2019 11:50 AM

?In the last MPC meeting when we took a pause, I don't know why the market was surprised, said RBI Gov Shaktikanta Das.

In the reporting week, the rise in reserves was mainly on account of an increase in foreign currency assets, a major component of the overall reserves, which surged by USD 1.891 billion to USD 421.258 billion, according to the data.
Forex reserves soar to touch all-time high of USD 453 billion
14 Dec 2019 11:07 AM

The country's reserve position with the International Monetary Fund also increased by USD 15 million to USD 3.644 billion, the data showed.

"Financial sector fragilities continue to weigh on India's economic growth momentum, with the high level of non-performing loans on the balance sheets of the public sector banks constraining their new lending," IHS said.
Financial sector fragilities taming growth
09 Dec 2019 2:26 AM

For the first half of 2019-20 fiscal, GDP growth slowed to a pace of 4.8 per cent compared to the 7.5 per cent a year back.

The RBI has asked the member banks to keep adequate liquidity in their current account with the regulator at all times to facilitate successful posting of NEFT batch settlements. (Representational image)
NEFT transactions to be available 24x7 from Dec 16
07 Dec 2019 11:27 AM

RTGS is meant for large-value instantaneous fund transfers, while NEFT is used for fund transfers of up to Rs 2 lakh.

RBI Governor Shaktikanta Das.
RBI to retain dovish bias going forward: report
07 Dec 2019 10:47 AM

The RBI reiterated that it would maintain an accommodative stance as long as necessary to revive economic growth.

Besides, the RBI would do away with the requirement of escrow accounts to be operated by a bank promoted trustee for fund transfer.
P2P lending limit raised to Rs 50 lakh
06 Dec 2019 1:53 AM

P2P lending limit raised to Rs 50 lakh

PPIs can be issued in the form of cards and mobile wallets.
New pre-paid card/wallet with Rs 10,000 load soon
06 Dec 2019 1:53 AM

Such PPIs can be issued on the basis of essential minimum details sourced from the customer.

The world over, central banks and the governments are against private digital currency because currency issuance is a sovereign function and it has to be done by the sovereign, said RBI governor Shaktikanta Das. (Photo: File)
No way privately-issued digital currencies can be allowed: RBI Gov Das
05 Dec 2019 5:46 PM

The comments come a year after government tagged Bitcoins and other cryptocurrencies illegal and the RBI banned their trade.

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