RBI raises ceiling for collateral-free agricultural loan from Rs1.6 lakh to Rs2 lakh

RBI raises ceiling for collateral-free agricultural loan from Rs1.6 lakh to Rs2 lakh

21 Dec 2024

Reserve Bank of India (RBI) has announced an increase in the individual limit for collateral-free agricultural loans from Rs1.6 lakh to Rs2 lakh, with a view to offset the effect of inflation on agricultural inputs.

RBI keeps policy repo rate unchanged at 6.5% for the eighth time in a row

RBI keeps policy repo rate unchanged at 6.5% for the eighth time in a row

07 Jun 2024

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) at its meeting on Friday decided to keep the policy repo rate unchanged at 6.50 per cent, for the eighth time in a row.

RBI delays implementation of currency derivatives trading norms

RBI delays implementation of currency derivatives trading norms

05 Apr 2024

Reserve Bank of India (RBI) has pushed back the implementation of its directions on currency derivatives trade from 5 April to 3 May 2024

RBI keeps repo rate unchanged as focus remains on inflation

RBI keeps repo rate unchanged as focus remains on inflation

05 Apr 2024

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) at its meeting on Friday (5 April 2024) decided to keep the policy repo rate under the liquidity adjustment facility (LAF)

RBI bars JM Financial from lending against shares

RBI bars JM Financial from lending against shares

06 Mar 2024

Days after imposing restrictions on online payments banks Paytm and IIFL Finance, Reserve Bank of India (RBI) on Tuesday directed investment banker JM Financial

Investment sans consumption could hamper inclusive growth: RBI

Investment sans consumption could hamper inclusive growth: RBI

22 Jan 2024

The Indian economy recorded stronger than expected growth in 2023-24, underpinned by a shift from consumption to investment.

India’s forex reserves grow $58 bn year-to-date to $620.4 bn

India’s forex reserves grow $58 bn year-to-date to $620.4 bn

31 Dec 2023

India's foreign exchange reserves increased by $57.63 billion year-to-date, taking overall forex reserves with the Reserve Bank of India (RBI) to $620.44 billion

Net financial assets of non-residents in India up $7.4 bn in Q2 FY24

31 Dec 2023

Net financial assets of non-residents in India increased by $7.4 billion to $380.9 billion in the second quarter of the current financial year (July-September 2023-24)

RBI MPC maintains 6.5% repo rate, raises FY24 GDP forecast to 7%

RBI MPC maintains 6.5% repo rate, raises FY24 GDP forecast to 7%

08 Dec 2023

In its bi-annual policy announcement, the Reserve Bank of India’s Monetary Policy Committee (RBI MPC) opted to keep the repo rate unchanged at 6.5%, marking the fifth consecutive decision to maintain the status quo.

RBI Governor Das: Increased risk weight is a precautionary approach to ensuring sustainable lending

RBI Governor Das: Increased risk weight is a precautionary approach to ensuring sustainable lending

23 Nov 2023

Reserve Bank of India (RBI) Governor Shaktikanta Das said that the recent instruction to increase risk weights for unsecured consumer loans by banks and non-banking financial companies (NBFC) is a cautious measure taken to ensure sustainable lending.

View details about the software product Informachine News Trackers