Now Tatas, Birlas, Ambanis can set up their own banks. RBI all set to liberalise bank licensing
In a major step to improve India’s inefficient and lethargic banking industry, the RBI, banking regulator of the country, has decided to award ...
Tag: RBI
Rs 2000 currency notes could be phased out soon, but you don’t need to panic
As per the annual report of RBI, the central bank did not print a single note of 2000 rupees in FY 20 while ...
‘RBI is killing Cooperative banks,’ Rattled Sharad Pawar writes to PM Modi, as pet banks slip out of political control
Sharad Pawar, the NCP patriarch and apparently de facto ruler of Maharashtra, has written a letter to PM Modi in which he claimed ...
Tips to Prepare for RBI Assistant Mains Exam Section-wise
Cracked RBI Assistant Prelims 2020? It’s time to qualify RBI Assistant Mains 2020 with the same endeavor but more significant efforts. To guide ...
PMC bank is a classic case of how shadow banks, with limited or no regulation could be involved in such a large scale corruption
The collapse of PMC Bank has left the Indian banking sector with many questions over its regulatory framework, audit reports and the vigilance ...
The reasoning and math behind RBI’s Rs 1.76 trillion surplus transfer to government
Amid the media reports of ‘cyclical’ slowdown in Indian economy, RBI has brought some good news for the Modi government. The central bank ...
RBI cracks down on erring banks under governor Shaktikanta Das, banks fined ₹109 crores in 2019 alone
The role of the Reserve Bank of India (RBI) as regulator has been questioned in last few years. The mess in the banking ...
Bimal Jalan led panel proposes transfer of reserves to govt in a phased manner
The six-member expert committee led by Bimal Jalan to review the central bank’s excess economic capital has recommended nominal transfer of surplus reserves ...
Former RBI governor, Urjit Patel pins the blame on UPA government for the NPA crisis without naming it
Former governor of the Reserve Bank of India (RBI) Urjit Patel, ever since having had resigned in December 2018, made his first speech ...
Recovery of NPAs have exceeded the estimates of RBI, says report
For decades, Indians had been used to live with ‘delays’. The government projects could not be completed without years of delay and corruption. ...
Loans to get cheaper as RBI cuts repo rates by 25 basis points
RBI has reduced lending rates for the second time in a row by 25 basis points. The repo rate stands at 6 percent ...
Forex reserves in India are growing exponentially along with investments
As per RBI data, the foreign exchange reserves of India increased by 3.6 billion dollars in the week that ended on March 15. ...
