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RBI extends PCA supervisory norms to govt-owned NBFCs
Prompt Corrective Action (PCA) Framework effective from Oct 2024
S&P cuts India's growth forecast
Sees 7% upswing in FY23 GDP growth against earlier projection of 7.3%; Says domestic demand-led economy will be less impacted by the global slowdown
CII urges RBI to moderate pace of interest rates hikes
Says the adverse impact of RBI's interest rate hikes of 190 basis points in FY23, is visible
Bank of England says it's monitoring drop in pound, won't hesitate to...
The Bank of England says it is monitoring the drop in the pound and would not hesitate to boost interest rates to control inflation.
RBI's FI-Index surges to 56.4 in March
Composite financial inclusion index showing growth across all segments
Ahead of US Fed decision, RBI is latest central bank to take rate...
High inflation has forced several central banks to increase policy rates but there has been a pick-up in rate action in recent days ahead of a likely...
It's timely move: Experts
Central bank acting before inflation derails growth; However, elevated inflation levels will further worsen and GDP growth rate may fall from expected...
Central Bank strike deferred as RLC intervenes
By the intervention of the Regional Labour Commissioner (RLC), the proposed strike by the employees of the bank has been deferred.
