The Reserve Bank of India (RBI) will transfer Rs 28,000 crore as interim dividend to the government. RBI had already transferred Rs 40,000 crore to the government in...
The Reserve Bank of India (RBI) has withdrawn the earlier order which stipulated a 20% limit on investments by FPIs in Corporate Bonds. Why the limit was imposed...
The Union Ministry of Commerce and Industries has released the data on WPI Inflation. The data makes the following observations: The WPI Inflation fell to a 10-month low...
The Union Cabinet headed by Prime Minister Narendra Modi has approved setting up of a unified authority for regulating all financial services in international financial services centres (IFSCs) in the country. The...
The important facts related to the RBI’s sixth bi-monthly monetary policy statement for 2018-19 is listed below: RBI has relaxed the CPI or retail inflation forecasts for India...
The six-member monetary policy committee (MPC) headed by RBI Governor Shaktikanta Das has lowered the repo rate by 25 basis points to 6.25 per cent in a 4-2...
The Reserve Bank of India (RBI) has imposed Rs 2 crore penalty on UCO Bank for non-compliance of instructions issued by RBI on the collection of account payee instruments and those on...
The interim budget has announced a slew of welfare measures for farm and rural economy, middle class, realty and housing and the unorganised sector. The burden on the...
The Reserve Bank of India (RBI) has lifted the Prompt Corrective Action (PCA) framework operational curbs on Bank of India (BoI), Bank of Maharashtra (BoM) and Oriental Bank...
The India Micro, Small, and Medium Enterprises Report 2018 has been released Kochi based Institute of Small Enterprises and Development at the South India MSME Summit 2019 in...
