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Retail inflation eases to 4-month low of 4.87% in Oct
Among states, the inflation was above 6% in Odisha, Rajasthan and Haryana; lowest inflation was witnessed in Chhattisgarh and Delhi
RBI appoints Ajay Kumar as new ED
The Reserve Bank of India (RBI) has appointed Ajay Kumar as Executive Director (ED).
RBI working on pilot launch of digital currency
he Reserve Bank of India (RBI) is working on a phased implementation strategy for its own digital currency and is in the process of launching it in...
India economy poised for recovery in FY22: SBI chief
The bank turned the challenging situations into opportunity by digitalisation, which increased transactions to 93%
Covid-19 curbs will increase asset-quality pressures in MFIs: CRISIL
A hit to the collection efficiency of microfinance institutions (NBFC-MFIs) owing to protracted Covid-19 curbs will increase asset-quality pressures...
WB projects India's GDP at 8.3% in 2021
Washington The World Bank on Tuesday projected India's economy to grow at 8.3 per cent in 2021 and 7.5 per cent in 2022, even as its recovery is...
AIBDA seeks RBI nod on suspension
A few banks suspend charges for premature withdrawal of FDs, SBI yet to follow
Banks require prior RBI nod for appointment of statutory auditors
Commercial banks will have to take prior approval of the Reserve Bank of India (RBI) for appointment of Statutory Central Auditors (SCA) and Statutory...