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RBI likely intervened in NDF to stop rupee from hitting record low, traders say
CNBC Awaaz· 6 days agoThe rupee was at 83.5525 to the U.S. dollar, only marginally away from the 83.5750 all-time low it hit in April. It would have probably opened at a new low if not for the Reserve Bank of India's ...
Fitch upgrades India's growth forecast to 7.2% for current fiscal year - CNBC TV18
CNBC TV18· 5 hours agoThe improved outlook comes alongside the expectations of a modest monetary policy adjustment by the...
FD interest rate up to 9.1%: 9 banks have revised fixed deposit terms, rates after new RBI rule
The Economic Times· 6 days agoMany big banks have revised their fixed deposit interest rates and terms following the new rule set...
RBI to conduct Rs 75,000 crore 14-day variable rate repo auction on June 14
CNBC Awaaz· 5 days agoCurrently, liquidity in the banking system is estimated to be in deficit of around Rs 7,766.01...
RBI penalises three cooperative banks for rule violations
CNBC Awaaz· 5 days agoThe RBI imposed a penalty of Rs 50,000 on the Kancheepuram bank for non-compliance with the...
Fitch Raises India's GDP Growth Forecast For FY25 To 7.2%, Aligns With RBI's Expectations
Free Press Journal· 4 hours agoGlobal rating agency Fitch on Tuesday raised India's GDP growth forecast for FY25 to 7.2 per cent,...
RBI’s ASISO system faces glitch
The Economic Times· 5 days agoThe RBI on Tuesday witnessed a technical glitch in the facility that allows banks to either deploy surplus funds or borrow money from the central bank,...
FinTechs keen to be regulated, express need for broader licensing framework - ET BFSI
The Economic Times· 9 hours agoThe FinTech honchos believe that there is an underlying need for a broader licensing framework in...
Fixed deposits: Which bank is offering highest FD interest rates post RBI bulk deposit rule change?
Financial Express· 4 days agoThe RBI revisiting the bulk deposit rules has much significance in a sense that interest rates on...
Yet another BNPL outfit bites the dust: Laybuy collapses
Retail Banker International· 14 hours agoIt also raised $27m back in 2021 to target the UK market. At the time, Laybuy Managing Director Gary...
