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Updated: 53 min 22 sec ago

RBI to introduce ombudsman scheme for NBFCs to bolster complaint redressal

Fri, 10/08/2021 - 04:01
RBI said the IOS for NBFCs will be on the lines of IOS for banks and non-bank payment system participants

Reserve Bank retains economic growth forecast at 9.5% for FY '22

Fri, 10/08/2021 - 03:51
RBI retained the GDP forecast for the current financial year at 9.5 per cent and flagged semiconductor shortages, elevated commodity prices and potential global market volatility as downside risks

Select NBFCs to now have internal ombudsman on lines of banks: RBI Guv Das

Fri, 10/08/2021 - 03:29
With the objective of upping customer experience, the Reserve Bank on Friday announced an internal ombudsman scheme (IOS) to redress grievances at select non-banking finance companies (NBFCs)

RBI to bring in framework for retail digital payments in offline mode

Fri, 10/08/2021 - 02:48
The central bank has enhanced the transaction limit under IMPS from Rs 2 lakh to Rs 5 lakh

India's central bank keeps rates on hold to support economic recovery

Fri, 10/08/2021 - 02:07
RBI's key lending rate or the repo rate was held steady at 4% while the reverse repo rate or the borrowing rate also stayed unchanged at 3.35%

RBI has just about started a gradual liquidity reversal process

Fri, 10/08/2021 - 01:43
There will not be any shock to the market, with the calendar being drawn out.

RBI governor says no need for further bond-buying, signals policy taper

Fri, 10/08/2021 - 01:21
RBI bought 2.2 trillion rupees of bonds through Government Securities Acquisition Programme, or GSAP, in previous two quarters.

RBI keeps rates on hold to support recovery, 'sail towards normal times'

Fri, 10/08/2021 - 01:03
Repo rate and the reverse repo rate remain unchanged at 4% and 3.35%

For Indian junk bonds, it's love in the time of China's Evergrande crisis

Thu, 10/07/2021 - 20:32
For investors wary of China, looking at India makes sense but the extra dollars arrive with a cost.