KYC norms: RBI fines Ola Fin Rs 1.7 crore – Times of India
MUMBAI: The RBI has imposed a Rs 1.7-crore penalty on Ola Financial Services for not complying with the regulator’s ‘know...
RBI
RBI chief signals policy won’t sacrifice growth too much – Times of India
Reserve Bank of India governor Shaktikanta Das said monetary policy is mindful of the economy’s growth needs, signaling that tightening...
Rupee settlement will help India trade with Russia, Iran and South Asian neighbours: Report – Times of India
MUMBAI: The Indian central bank's decision to let importers pay with rupees and exporters be paid in rupees is likely...
Privatise all public sector banks except SBI for now: Economists – Times of India
NEW DELHI: All public sector banks (PSBs) should be privatised and only SBI— due to its better performance — may...
RBI moves to take rupee global, OKs international trade in currency – Times of India
MUMBAI: The Reserve Bank of India (RBI) has enabled exports and imports to be denominated in rupees. This will internationalise...
Oil companies $ demand spikes 45% on high crude, RBI raises credit limit – Times of India
NEW DELHI: Raging crude prices have jacked up dollar demand from oil companies, a factor contributing to the rupee’s fall...
RBI introduces mechanism for international trade settlements in rupees – Times of India
MUMBAI: The Reserve Bank of India (RBI) is putting into place a mechanism for international trade settlements in rupees, which...
Bonds beat FD return in rising rates regime – Times of India
MUMBAI: Senior citizens, who depend mostly on interest income for their regular expenses, should look at high yielding bonds over...
Bank NPAs at 6-year low, still higher than comparable economies | India Business News – Times of India
MUMBAI: Gross non-performing assets (GNPAs) of banks have hit a six-year low of 5.9% as of March 2022. But India’s...
Inflation may ease in second half of 2022-23: RBI governor – Times of India
NEW DELHI: Inflation may ease gradually in the second half of 2022-23, Reserve Bank of India governor Shaktikanta Das said...
