RBI
-
RBI introduces Voluntary Retention Route for Investments by FPIs
In order to encourage the Foreign Portfolio Investors (FPIs) to undertake long-term investments in Indian debt markets RBI has introduced a…
Read More » -
RBI introduces NBFC – Investment and Credit Company by harmonising 3 categories of NBFCs
RBI has decided to merger three categories of NBFCs viz. Asset Finance Companies (AFC), Loan Companies (LCs) and Investment Companies (ICs)…
Read More » -
RBI allows FPI to have an exposure of more than 20% of its corporate bond portfolio to a single corporate
In order to encourage a wider spectrum of investors to access the Indian corporate debt market. RBI has withdrawn paragraph 4(f)…
Read More » -
RBI imposes monetary penalty on 7 banks for non-compliance
RBI imposes monetary penalty on following 7 banks for non-compliance :- Sr. No Name of Bank Penalty amount (in ₹ Million) 1 Bank of…
Read More » -
Updates of RBI’s Sixth Bi-monthly Monetary Policy Committee
Monetary Policy Committee (MPC) decides to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points…
Read More » -
RBI imposes monetary penalty to UCO, Axis and Syndicate Bank for the non- compliance
RBI imposes monetary penalty of Rs. 2 Crores to UCO Bank and Axis Bank Limited for the non- compliance of Circular issued on January 22,…
Read More » -
RBI approves to transfer ₹ 500 billion surplus to Govt.
On 8 August, 2018 Central Board of Directors of RBI in its meeing approved to transfer surplus amount of ₹…
Read More » -
FBIL to compute reference rate for INR/USD and exchange rate
RBI announces that Financial Benchmarks India Private Limited (FBIL) has taken over the process of computing and disseminating reference rate…
Read More » -
RBI increases REPO rate to 6.5% in Third Bi-monthly Monetary Policy Statement
On August 1, 2018 in the Monetary Policy Committee, RBI decides to increase policy REPO rate to 6.5% under the…
Read More » -
RBI keeps the interest rate for Small Saving Schemes unchanged for second quarter
Govt. announces to keep the interest rates on Small Savings Schemes for the second quarter of financial year 2018-19 starting…
Read More »