Tag: RBI

Govt May Raise Dividend Target To Rs 70k Cr From RBI, Banks, FIs In Budget

The current financial year estimate has already exceeded the Budget target as…

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RBI In Talks With US, Hong Kong, Swift On Digital Bank Payments

Current practices involve routing funds through banks using the Swift platform. CBDCs…

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Kotak Mahindra Bank Appoints International Banker Ashok Vaswani As MD & CEO

Bengaluru, NFAPost: Kotak Mahindra Bank (‘Kotak’ or ‘the Bank’) announced that the…

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Credit To Retail Sector Dips To 18.3% In August 2023: RBI Data

Picks up speed in lending to agriculture, services Mumbai, NFAPost: The pace…

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MFs Attract 6% Of Household Savings In FY23: RBI Data

Fiscal sees a record Rs 1.8 trillion net inflows from households Mumbai,…

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Cabinet Approves Foreign Investment Of Up To Rs 9,589 Crore In Pharma Company

-The FDI has been approved by way of the transfer of shares…

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India CPI Inflation Slouching Towards RBI Comfort Zone

Offering some much-needed breather, CPI inflation edged lower, moderating slightly sequentially, to…

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RBI, Banks Plan New Feature To Popularise Digital Currency Transactions

Retail CBDC transactions are averaging close to 18,000 a day, way short…

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India’s Forex Reserves Jump By $4.03 Billion To $598.89 Billion: RBI Data

In the previous reporting week, the overall reserves had dropped by $30…

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Direct Listings Of Firms At GIFT City By End Of This Year: IFSCA Chairman

Rajaraman says norms to be notified soon; Regulator also mulling on a…

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