RBI proposes unified framework for banks' risk, compliance and audit functionsThe Reserve Bank of India has released a draft framework for bank control and assurance functions. This aims to simplify rules and boost go...
FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...
Prop traders seek relief on margin funding as global rivals up gameIndian market participants are calling for a fresh look at margin funding policies, aiming for adjustments from the central bank. The propo...
We still need cash in ATManirbhar BharatDespite the rise of digital payments, cash remains essential, yet ATMs are increasingly running out of money. Banks are reducing their ATM ...
220% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 3.20 lakhThe Reserve Bank of India has set the premature redemption price for Sovereign Gold Bond 2021-22 Series-III. Investors can redeem these bon...
RBI seen joining Asia’s rate-hike push as inflation risks riseThe Reserve Bank of India is expected to increase interest rates soon. This move aligns with other central banks responding to rising infla...
Increase in limits for NRI and OCI investors to invest in stock market without SEBI registration, RBI GuvThe Reserve Bank of India has boosted investment limits for non-resident Indians, Overseas Citizens of India, and other individuals residin...
RBI widens direct equity access for overseas investors, doubles investment limits under PISThe RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...
What steps India has taken to stem pressure on its external balance of paymentsIndia is taking steps to manage its currency's decline. Higher duties on gold and silver imports are in place. Import rules for silver have...
RBI announces major rule change for NRI and OCI investors; here's what it means for your investments
India sets standard pack sizes for cooking oils to help shoppers compare pricesIndia has ordered cooking oil makers and importers to use only nine standard pack sizes. This move aims to help shoppers easily compare pri...
RBI's foreign capital push reflects rising inflation, slowing growth concerns: ReportThe Reserve Bank of India is introducing new measures to attract foreign investment. This move aims to tackle rising inflation, slowing eco...
RBI proposes tighter disclosure norms for deposit rates, links bulk deposit pricing to liquidity rulesThe Reserve Bank of India is proposing new rules for bank deposit interest rates. Banks will need to publish their rates daily. They can al...
RBI raises investment limits for NRIs, OCIs; Extends equity route to overseas individualsThe Reserve Bank of India has increased investment limits for Non-Resident Indians and Overseas Citizens of India in stock market equity in...
RBI courts overseas investors as oil prices and capital outflows weigh on rupeeThe Reserve Bank of India has introduced new measures to draw foreign investment. These steps aim to boost the country's finances and suppo...
Loan recovery agent harassing you? Know these 6 borrower rights that can protect you
RBI likely to hold rates as West Asia crisis impact on growth remains unclear: Bank of Baroda ReportThe Reserve Bank of India is expected to hold interest rates steady on Friday, according to Bank of Baroda. The central bank will likely ma...