The Reserve Bank of India (RBI) has launched the 31st Inflation Expectations Survey of Households (IESH) with January-March 2013 as the current reference period. What is IESH? Inflation...
The four financial sector regulators in the country- RBI, SEBI, IRDA and PFRDA have inked a Memorandum of Understanding (MoU) for co-operation in the field of consolidated supervision...
The RBI Governor D. Subbarao has ruled out any revision in its inflation goal while addressing a meeting over the subject “Is there a new normal for inflation?”...
The Reserve Bank of India (RBI) has said in its new banking license guidelines that the important criteria for processing the application would be the business model of...
The RBI has asked banks to fix a monetary limit for international transactions on credit and debit cards.More directives by the RBI: Banks should refrain from issuing cards...
In the Budget speech it has been announced that the government will infuse Rs 14,000 crore in public sector banks in next fiscal (2013-14). Objective: To ensure that...
As per Budget 2013-14, banks will also act as brokers for selling insurance products of multiple companies. More highlights on Insurance sector: Insurance companies will be allowed to...