This is an AI-generated image, used for representational purposes only. In a concerted push to tackle the rising wave of digital payment frauds, major public and private sector banks are collaborating with the Reserve Bank of India (RBI) to develop a Digital Payment Intelligence Platform (DPIP), a new Digital Public Infrastructure aimed at enhancing fraud…
The Reserve Bank of India (RBI) on Monday released a fresh set of draft regulations aimed at updating the rules for Rupee Interest Rate Derivatives (IRD), in a move designed to bring the regulatory framework in line with evolving market practices and increased participation from non-resident entities.The current framework, last revised in June 2019, is…
The RBI’s Liberalised Remittance Scheme (LRS) governs foreign investments by individuals. (AI image) The Reserve Bank of India intends to strengthen regulations concerning international money transfers, that is, overseas remittances by Indian residents, with new restrictions on foreign currency deposits that involve lock-in periods.The RBI’s Liberalised Remittance Scheme (LRS) governs foreign investments by individuals, permitting…
NEW DELHI: The Reserve Bank of India (RBI) may further reduce interest rates following a temporary halt, as additional liquidity might be needed in the latter half of fiscal year 2025-26 (H2 FY26), according to a report “Ionic Wealth” from Angel One, quoted by ANI.The central bank recently lowered its FY26 inflation forecast to 3.7…
NEW DELHI: Foreign portfolio investors injected Rs 3,346.94 crore into Indian equity markets during the week, driven by optimistic sentiment following the Reserve Bank of India‘s (RBI) interest rate reduction, as reported by National Securities Depository Limited (NSDL) data.The RBI’s rate reduction bolstered investor confidence, resulting in substantial FPI inflows during the initial three trading…
Representative image (Picture credit: ANI) NEW DELHI: Retail inflation plummeted to a 75-month low in May as food prices eased sharply. It is expected to moderate further in June, which may prompt the Reserve Bank of India (RBI) to hit a pause in its rate-cutting cycle after undertaking a “jumbo” cut earlier this month to…
Private sector lender HDFC Bank has reduced its benchmark lending rates following the Reserve Bank of India’s (RBI) unexpected decision on Friday to cut the repo rate by 50 basis points in a bid to revive the slowing economy.The bank revised its marginal cost of funds-based lending rates (MCLR) downward by 10 basis points across…
Gold Loan: भारतीय रिजर्व बैंक (RBI) ने शुक्रवार को गोल्ड लोन के नियमों में बड़े बदलाव किए, जो जल्द ही लागू होने वाले हैं. इन नए नियमों में LTV रेश्यो का बढ़ना, 2.5 लाख रुपये तक के गोल्ड लोन को क्रेडिट अप्रेजल से छूट जैसी कई बातें शामिल हैं. एक और नियम लागू होने की…
India’s foreign exchange reserves slipped by $1.24 billion to $691.49 billion in the week ending May 30, according to data released by the Reserve Bank of India on Friday. Despite the decline, the central bank said the reserve buffer remains robust. “At $691.5 billion, the reserves are sufficient to cover 11 months of imports and…
Gold Loan: भारतीय रिजर्व बैंक (RBI) ने शुक्रवार को गोल्ड लोने लेने के नियमों में बड़ा बदलाव किया है. इससे छोटे कर्जदारों को राहत मिली है. दरअसल, रिजर्व बैंक ने 2.5 लाख रुपये तक के गोल्ड लोने के लिए लोन-टू-वैल्यू (LTV) रेश्यो को 75 परसेंट से बढ़ाकर 85 परसेंट करने का फैसला लिया है. लोन-टू-वैल्यू…