RBI net buys over Rs 10,000 crore gilts in secondary market
Data released by RBI shows purchases were made across three sessions. The central bank bought ₹2,570 crore worth of ...
RBI Allowes Hong Kong Based HSBC To Open 20 Branches Across India
HSBC India has received approval from the Reserve Bank of India (RBI) to open 20 new branches, marking the largest expansion ...
RBI imposes monetary penalty on Canara Bank, Bank of India, J&K Bank; here’s why
RBI imposes monetary penalties on Canara Bank, Bank of India, and the J&K Bank for non-compliance with KYC norms, loans, and ...
RBI expected to transfer another bumper payout, analysts say
IDFC First Bank Ltd. estimates 2 trillion rupees ($23.1 billion) of transfer by the Reserve Bank of India while QuantEco ...
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RBI Ombudsman Disposed 95% Complaints in FY24
The RBI Ombudsman Scheme disposed of 95.1% of complaints received in FY24, with a focus on digital grievance redress and ...
RBI expected to transfer another bumper payout to govt, analysts say
Exclusive analysis on RBI's windfall payout to government, boosting economy amid weak consumption and tax revenues. Subscribe ...
RBI in touch with banks on new liquidity norms amid fears of credit flow being hit
The move has been initiated at a time when Sanjay Malhotra has just taken over as the new Governor of the RBI succeeding ...
RBI injects over Rs 1.5 lakh crore via VRR auctions, buybacks
RBI injected more than ₹1.45 lakh crore via two overnight variable rate repo (VRR) auctions and a buyback operation of ₹9,666 crore. The RBI will conduct a similar VRR auction on Friday for ₹2 lakh ...
RBI to conduct two VRR auctions worth ₹3.75 lakh crore to ease liquidity
RBI conducts VRR auctions to ease liquidity tightness in banking system, with system liquidity deficit widening.
Highest liquidity gap in decade spurs speculation about RBI hand
The banking system cash deficit, as measured by banks’ borrowings from the Reserve Bank of India, was Rs 3.3 trillion ($38.2 ...