The actions and strategies of the Reserve Bank of India (RBI) — increasing repo rates by 250 bps
RBI may shift focus to inflation
Although in the first policy review of the current financial year, the central bank kept key rates unchanged and maintained an accommodative stance, there is a clear shift in focus and the rate hike…
RBI’s releases guidelines on establishment of DBUs
In the Union Budget 2022-23 the finance minister made announcements for setting up of 75 Digital Banking Units (DBUs) in 75 districts to commemorate the 75 years of independence of the country.
RBI board discusses impact of geopolitical crises on economy
Amid the ongoing Russia-Ukraine war, the Central Board of Directors of Reserve Bank of India on Friday discussed the overall impact of current global geopolitical crises on the Indian economy.
PNB reports Rs 2060 crore borrowing fraud linked to TN
Punjab National Bank (PNB) has reported a fraud of Rs 2,060 crore in the NPA account of IL&FS Tamilnadu Power Company Limited (ITPCL).
