While the moratorium and working capital relaxations are welcome, exporters would need direct fiscal supp ...More

While the moratorium and working capital relaxations are welcome, exporters would need direct fiscal support for staying alive in business. ...Less

The scheme is available from today, that is, April 27. It will be available until May 11 or up to utiliza ...More

The scheme is available from today, that is, April 27. It will be available until May 11 or up to utilization of the allocated amount, whichever is earlier. The Reserve Bank will review the timeline and amount, depending upon market conditions. ...Less

The RBI announced a host of measures today aimed at increasing liquidity in the economy. ...More

The RBI announced a host of measures today aimed at increasing liquidity in the economy. ...Less

The Governor announced a second tranche of liquidity for NBFCs, refinancing institutions. ...More

The Governor announced a second tranche of liquidity for NBFCs, refinancing institutions. ...Less

RBI Retail Direct Mobile App: The central bank announced the launch of mobile app for RBI Retail Direct p ...More

RBI Retail Direct Mobile App: The central bank announced the launch of mobile app for RBI Retail Direct portal for investing in government securities. This will make it easier for retail investors to buy, sell and invest in central government bonds, state government bonds, treasury bills, Sovereign Gold Bonds via Retail Direct Portal. The RBI launched the RBI Direct Scheme in November 2021 to make it easier for common man to invest. ...Less

The Reserve Bank of India (RBI) has hiked the transaction limit for UPI auto payment limits requiring OTP ...More

The Reserve Bank of India (RBI) has hiked the transaction limit for UPI auto payment limits requiring OTP -based authentication to Rs 1 lakh from Rs 15,000 currently. As per the announcement, new limit will apply on mutual fund subscriptions, insurance premium and credit card repayments. Read on to know the new rules. ...Less

RBI’s decision to reduce reverse repo rate by 25 basis point and additional liquidity for NHB will also a ...More

RBI’s decision to reduce reverse repo rate by 25 basis point and additional liquidity for NHB will also accelerate and facilitate bank credit flows towards to the beleaguered sector in the wake of Covid19 crisis. ...Less

RBI also announced that limited KYC accounts opened on the basis of Aadhaar e-KYC authentication in non-f ...More

RBI also announced that limited KYC accounts opened on the basis of Aadhaar e-KYC authentication in non-face-to-face mode can be converted to fully KYC-compliant accounts. ...Less

If you are a customer with an NBFC, then here is everything you need to know about getting your grievance ...More

If you are a customer with an NBFC, then here is everything you need to know about getting your grievances redressed by the ombudsman. ...Less

Rajan says govt reform measures on small savings rates combined with the RBI's refinements in the liquidi ...More

Rajan says govt reform measures on small savings rates combined with the RBI's refinements in the liquidity should help home buyers. ...Less

Jayant Sinha said the Budget has taken various fiscal and reform initiative, thus creating space for mone ...More

Jayant Sinha said the Budget has taken various fiscal and reform initiative, thus creating space for monetary easing. ...Less

"It does not appear that a small reduction in interest rates will actually create enough incentive for co ...More

"It does not appear that a small reduction in interest rates will actually create enough incentive for companies to go ahead and do fixed investments." ...Less