Mumbai: RBI Governor Sanjay Malhotra on Monday underlined the need for sound underwriting standards and close monitoring of asset quality by NBFCs. At a meeting held here with the Managing Directors and CEOs of select non-banking financial companies (NBFCs), including government NBFCs, housing finance companies (HFCs), and microfinance institutions, the RBI Governor further emphasised the.
Parneet Sachdev Through much of 2025, India has been a study in contrasts: an economy growing faster than most peers yet facing record foreign capital flight. While foreign portfolio investors (FPIs) have sold Indian equities in droves, the Reserve Bank of India (RBI) has responded not with flashy rate cuts, but with a quiet rewiring.
While speaking at an event during the IMF-World Bank meetings in Washington, DC, Malhotra said that India’s status as a “domestic-driven economy” negates the negative impact of US tariffs.
Rural demand remains strong, riding on a good monsoon and robust agriculture activity, while urban demand is showing a gradual revival, the RBI Governor added.
Mumbai, July 11: The Reserve Bank of India (RBI) said on Friday that it has imposed a monetary penalty of Rs 4.88 lakh on HDFC Bank and Rs 2.70 lakh on Shriram Finance after finding non-compliance with certain directions of the Central Bank. The penalty on HDFC Bank was levied under the provisions of Section.
Mumbai: The Reserve Bank of India (RBI) on Monday imposed monetary penalties on two co-operative banks for failing to comply with its regulatory directions. In an order dated June 26, the RBI imposed a penalty of Rs 14.30 lakh on Shree Kadi Nagarik Sahakari Bank Limited, based in Mehsana district of Gujarat. The action was.
New Delhi: The sales growth of listed private non-financial companies in India improved to 7.2 per cent in 2024-25, from a low of 4.7 per cent during the previous year, Reserve Bank of India (RBI) data showed on Thursday. The RBI released data on the performance of the private corporate sector during 2024-25 drawn from.
New Delhi: The Reserve Bank of India (RBI) on Wednesday issued the final Reserve Bank of India (Project Finance) Directions, 2025 which lays down the comprehensive framework for income recognition, asset classification, and provisioning norms for project loans under implementation. As per the Central Bank, these new guidelines will come into effect from October 1.
New Delhi: The decision of the Reserve Bank of India (RBI) to slash the policy rate will boost growth amidst easing price pressures and infuse liquidity along with supporting credit flow, said a report by Bank of Baroda. The BoB report added that the RBI’s surprise 50 basis-point rate cut, along with a phased 100.
Mumbai: The Reserve Bank of India’s (RBI’s) central board has approved a record Rs 2.69 lakh crore surplus transfer to the central government for the fiscal year 2024-25. A decision in this regard was taken in the 616th Meeting of the Central Board of the Reserve Bank of India on Friday. This is the highest-ever.
