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 ...
Tag: RBI
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. ...
RBI increases the limit of collateral free agriculture loans to 1.6 lakh
In what comes as good news for the farm sector, the RBI has increased the limit of collateral free loans to 1.6 lakh ...
RBI reduces Repo rates by 25 basis points and loans get cheap
Given that inflation is touching an all time low, the monetary policy committee (MPC) has changed its stance to neutral from calibrated tightening ...
RBI forms panel headed by Bimal Jalan to review economic framework
Reserve Bank of India has constituted a six-member expert committee led by Bimal Jalan to review the central bank’s economic capital framework. The ...
Arvind Subramanian bats for the use of RBI excess capital
The former chief economic advisor, Arvind Subramanian has argued that RBI holds excess reserve of 5.7-7.9 lakh crore rupees. In a paper published ...
Inflation goes down while Industrial growth rises to an 11-month high
The monthly data released by the Central Statistics Organization (CSO) brought good news for the Indian economy. The industrial growth of the country ...
Urjit Patel’s journey from being a villain to hero in the eyes of the liberal brigade
Urjit Patel resigned on December 10, 2018, from the post of Governor of the Reserve Bank of India. He served as Governor for ...
