Republic Business on MSN12h
Shaktikanta Das says elevated rates not impinging growth
After opting for a status quo for the tenth consecutive policy review, Governor Shaktikanta Das on Wednesday said Reserve ...
RBI MPC Meeting: Governor Shaktikanta Das has some strong messages for NBFCs
Banking Financial Companies (NBFCs) are aggressively pursuing growth without proper administration, said Reserve Bank of ...
'Indian economy presents... ': RBI chief Shaktikanta Das's big confidence in India’s growth story
RBI Governor Shaktikanta Das emphasised India's economic stability and strength, highlighting declining inflation and robust ...
Fortune India14h
UPI transactions limit raised to ₹10,000 for 123Pay, ₹5,000 for UPI Lite
UPI 123Pay transaction limits increase from ₹5,000 to ₹10,000, UPI Lite wallet limit rises from ₹2,000 to ₹5,000 ...
Republic Business on MSN14h
RBI Governor Shaktikanta Das warns NBFCs of 'growth-at-any-cost' approach
Some non-banking finance companies (NBFCs) are aggressively pursuing growth and chasing excessive returns on equity, which ...
RBI MPC Decision: Will Shaktikanta Das announce or defer the rate cut in December? Experts decode
With this new stance, many experts believe the central bank is opening the door for potential rate cuts in the near future.
RBI Monetary Policy: Shaktikanta Das increases upper limit of UPI123Pay, UPILite transactions
The Reserve Bank of India has decided to enhance limits for UPI transactions for better user experience and faster adoption.
'Will Take Appropriate Action': RBI Governor Warns NBFCs On Unsustainable Growth Approach
The central bank head also noted that some NBFCs, including MFIs, or Micro Finance Institution, and Housing Finance companies ...
RBI Monetary Policy: Shaktikanta Das announces breakthrough decision on pre-payment penalty
The Reserve Bank of India Governor Shaktikanta Das on Wednesday, while announcing Monetary Policy decision, said that banks ...
RBI MPC Meeting at a Glance: Your one-stop guide for all key decisions
The RBI's MPC, led by Governor Shaktikanta Das, has decided to maintain the current interest rates, keeping the repo rate at ...
Banks & NBFCs Cannot Impose Foreclosure Charges Or Pre-Payment Penalty On Loans For Non-Business Purposes: RBI
The RBI governor said that banks and non-banking financial corporations or NBFCs, are not permitted to levy or charge foreclosure charges or pre-payment penalities on any floating rate term loans that ...
RBI Retains Interest Rate At 6.50%; Moves Its Stance From 'Withdrawal Of Accommodation' To 'Neutral'
The GVA or the Gross Value Added, increased by 6.8 per cent. The RBI retained the GDP expectations at 7.2 per cent. Simply ...