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Tag: RBI

Economy

Currency policing should be done by IMF not US:RBI governor Shaktikanta Das

July 27, 2019July 27, 2019 - by Abdul

The Reserve Bank of India governor has said that the International Monetary Fund(IMF) should not allow the U.S to bilaterally label countries as currency manipulators. He questioned the US bi-annual …

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Economy

NBFCs with big realty loans must rebalance books: RBI

July 27, 2019July 27, 2019 - by Abdul

The Reserve Bank of India(RBI) has asked non-banking finance companies(NBFCs) to bring down their lending to the real estate sector. In the finance sector,the National Housing Bank has also been …

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Economy

PayPal mulls data localisation for India

July 24, 2019July 24, 2019 - by Abdul

American digital payments player PayPal has said that it is working with its partners on data localisation as mandated by the Reserve Bank of India(RBI). Data localisation is the act …

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Economy

Rise in government borrowings might have triggered NBFC crisis

July 24, 2019July 24, 2019 - by Abdul

RBI Deputy Governor has expressed the possibility that the rise in government borrowings might have led to the asset-liability mismatch in the non-banking financial companies(NBFC) sector. In the case of …

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Economy

Govt. must reduce borrowing by divesting stake in PSEs: Acharya

July 23, 2019July 23, 2019 - by Abdul

According to Reserve Bank of India Deputy Governor,an increase in government borrowing runs the risk of flooding the debt market which will make it expensive for companies to borrow. He …

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Economy

RBI Governor, state-run bank CEOs discuss slow rate transmission

July 20, 2019 - by Abdul

The Reserve Bank of India Governor has discussed the issues of banking sector with the officials of Public sector banks(PSBs) and Indian Banks Association(IBA). During the meeting,the issue of less …

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Economy

Bimal Jalan panel finalises report on RBI capital, surplus transfer

July 18, 2019July 18, 2019 - by Abdul

RBI had constituted a panel on Economic capital framework(ECF) to address the issue of RBI reserves.The panel was headed by Bimal Jalan. The panel has decided to recommend the RBI …

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Economy

Compliance of FDI norms: RBI to unveil report submission mechanism soon

July 16, 2019July 16, 2019 - by Abdul

The Reserve Bank of India(RBI) is expected to come up with a mechanism for e-commerce marketplaces to submit their reports proving compliance with the FDI guidelines. According to the FDI …

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Economy

RBI board finalises ‘Utkarsh 2022’

July 9, 2019 - by Abdul

The Reserve Bank of India (RBI) board has finalised a three year roadmap named as Utkarsh 2022. The objective of the policy is to improve regulation and supervision of the …

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Economy

Financial system has surplus liquidity

July 9, 2019 - by Abdul

Finance Minister and RBI Governor has met for the customary post-budget meeting. The RBI Governor has said that the system has sufficient liquidity and the Union Budget has made provisions …

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