RBI Archives - Eastern Mirror
Monday, May 27, 2024
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RBI

RBI fines Hero FinCorp for breach of norms

RBI fines Hero FinCorp for bre...

MUMBAI — The Reserve Bank of India (RBI) has imposed a penalty of INR 3,10,000 on Hero FinCorp Limited for breach of norms related to...

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Groww gets RBI’s in-principle nod to operate as payments aggregator

Groww gets RBI’s in-prin...

NEW DELHI — Groww Pay, the UPI payments platform of broking firm Groww, has received in-principle authorisation from the Reserve Bank of India (RBI) to...

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Worldline ePayments India gets RBI approval to operate as payment aggregator

Worldline ePayments India gets...

NEW DELHI — Global payment services leader Worldline ePayments India on Tuesday announced that they have been granted authorisation by the Reserve Bank of India...

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PayU gets RBI’s in-principle nod to operate as payments aggregator

PayU gets RBI’s in-princ...

NEW DELHI — Digital financial services provider PayU on Tuesday announced that it has received in-principle authorisation from the Reserve Bank of India (RBI) to...

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India’s forex kitty surges to new all-time high of $648.56 bn

India’s forex kitty surges t...

MUMBAI — India’s foreign exchange reserves went up by $2.98 billion during the week ended April 5 to scale a new all-time high of $648.562...

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RBI Governor seeks better deal for retail customers in forex market

RBI Governor seeks better deal...

MUMBAI — RBI Governor Shaktikanta Das on Monday emphasised the need to give retail customers a fair deal in foreign exchange markets that is at...

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RBI leaves key repo rate unchanged, focus on keeping inflation in check

RBI leaves key repo rate uncha...

MUMBAI — The Reserve Bank of India (RBI), on Friday, left the key policy rate unchanged at 6.5 per cent in its monetary policy review...

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RBI projects GDP growth at 7 pc for 2024-25, retail inflation seen at 4.5 pc

RBI projects GDP growth at 7 p...

MUMBAI — India’s GDP growth for 2024-25 is projected at 7 per cent while the forecast for inflation for the year has been retained at...

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RBI may cut repo rate only in Q3 FY25 — SBI economist

RBI may cut repo rate only in ...

CHENNAI — The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) may cut repo rate only in the third quarter of FY25 and not...

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RBI directs banks to step up hassle-free loans to Self Help Groups

RBI directs banks to step up h...

MUMBAI — The RBI on Monday directed all banks to provide adequate incentives to their branches in financing the Self Help Groups (SHGs) and establish...

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