Latest on RBI — - The Indian Panorama

Invest in crypto at your own risk, cautions RBI Governor

Feb 12, 2022 - 12:19 pm EST @theindpanorama 0

New Delhi (TIP)- Reserve Bank of India (RBI) Governor Shaktikanta Das has cautioned investors on cryptocurrencies stating that they should invest in the same at their own risk. Das said it is his “duty” to […]

RBI keeps lending rate unchanged, to continue with accommodative monetary policy

Dec 11, 2021 - 8:42 am EST @theindpanorama 0

The Reserve Bank of India decided to keep the benchmark lending rate unchanged at 4 per cent for the ninth time in a row and maintain the accommodative policy stance in view of the lingering […]

RBI initiates insolvency process against Rel Cap

Dec 6, 2021 - 7:06 am EST @theindpanorama 0

Mumbai (TIP): The RBI on Thursday, Dec 2, filed an application for initiation of Corporate Insolvency Resolution Process (CIRP) against debt-ridden Reliance Capital at the Mumbai Bench of the National Company Law Tribunal (NCLT). The […]

Economic recovery taking hold: RBI Governor Das

Nov 20, 2021 - 3:10 am EST @theindpanorama 0

Numerous macro indicators suggest that the economic recovery is now taking hold after the beating it has taken during the pandemic, but for growth to be sustainable and reach its potential, private capital investment has […]

RBI imposes penalty on Paytm Payments Bank, Western Union

Oct 25, 2021 - 7:37 am EDT @theindpanorama 0

New Delhi (TIP): The Reserve Bank of India (RBI) has imposed a monetary penalty on two payment system operators for deficiencies in regulatory compliance. A statement issued by the RBI today read, “The Reserve Bank […]

Banks can now sell fraud loans to ARCs

Sep 26, 2021 - 9:43 am EDT @theindpanorama 1

Mumbai (TIP): The Reserve Bank of India (RBI) on Friday, Sept 24, allowed banks to sell fraud loan exposures to asset reconstruction companies (ARCs). Banks will now be able to transfer to ARCs loan exposures […]

Mastercard barred from adding new customers in India

Jul 17, 2021 - 8:51 am EDT @theindpanorama 0

The RBI on Wednesday, July 14, barred Mastercard from onboarding new credit, debit and prepaid card customers with effect from July 22. The action will not impact existing customers of Mastercard, the RBI said. Taking […]

Economy recovering, rising cyber attacks a risk: RBI

Jul 4, 2021 - 10:18 am EDT @theindpanorama 0

The second wave of the pandemic took a “grievous toll” on India, but the dented economic activity has started recovering from late-May, RBI Governor Shaktikanta Das said on Thursday, July 1. In a first, Das […]

After El Salvador, India may move to classify Bitcoin as an asset class

Jun 12, 2021 - 8:20 am EDT @theindpanorama 0

BENGALURU (TIP): After El Salvador’s historic move to adopt Bitcoin as legal tender (rendering it full currency status), things are looking brighter back home in India for crypto-enthusiasts. Top sources tracking the industry told this […]

RBI allows commercial banks to pay up to 50% of pre-Covid dividends

Apr 24, 2021 - 8:03 am EDT @theindpanorama 0

The Reserve Bank of India (RBI) on Thursday, April 22, relaxed the dividend payout norms of commercial banks and allowed them to pay up to 50 per cent of what they paid before Covid from […]

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