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Monetary policy committee of the rbi

Monetary policy committee of the rbi

The Reserve Bank of India is India's central bank, which controls the issue and supply of the Indian rupee. RBI is the regulator of entire Banking in India. RBI plays an important part in the Development Strategy of the Government of India.RBI regulates commercial banks and non-banking finance companies working in India. It serves as the leader of the banking system and the money market. It regulates money supply and credit in the country.

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Manipur celebrates its 50th statehood day
National

Manipur celebrates its 50th statehood day

On the occasion of 50th statehood of Manipur on Thursday, Chief Minister N. Biren Singh proudly announced that Manipur had been positioned in the top three among the Northeast and the hilly states in India Innovative Index 2020 which was released by NITI Aayog on January 20.

RBI proposes multilayer system, stricter norms for NBFCs
Business

RBI proposes multilayer system, stricter norms for NBFCs

Mumbai, Jan 22 The Reserve Bank of India (RBI) on Friday proposed a four-layered structure for non-banking finance ...

RBI proposes multilayer system, stricter norms for NBFCs
Business

RBI proposes multilayer system, stricter norms for NBFCs

Mumbai, Jan 22 The Reserve Bank of India (RBI) on Friday proposed a four-layered structure for non-banking finance ...

RBI proposes revised regulatory framework for NBFCs
Business

RBI proposes revised regulatory framework for NBFCs

The Reserve Bank of India (RBI) on Friday proposed tighter regulations for large non-banking finance companies (NBFCs) and creation of a multi-layer model in the fast-growing industry.

Manipur celebrates its 50th statehood day
National

Manipur celebrates its 50th statehood day

On the occasion of 50th statehood of Manipur on Thursday, Chief Minister N. Biren Singh proudly announced that Manipur had been positioned in the top three among the Northeast and the hilly states in India Innovative Index 2020 which was released by NITI Aayog on January 20.

Odisha seeks 90:10 pc sharing pattern for centrally-sponsored schemes
National

Odisha seeks 90:10 pc sharing pattern for centrally-sponsored schemes

In a pre-Budget consultation meeting with Union Finance Minister Nirmala Sitharaman, Odisha's Finance Minister Niranjan Pujari has demanded sharing pattern in the centrally-sponsored schemes (CSS) at par with north-eastern and Himalayan states.

NBFCs, fintech companies urge FM Sitharaman to enhance lending facilities
Business

NBFCs, fintech companies urge FM Sitharaman to enhance lending facilities

Non-banking finance companies (NBFCs) and fintech players have urged Finance Minister Nirmala Sitharaman to enhance the lending facilities by three to four years which were announced and extended by the Reserve Bank of India (RBI) during Covid-19 lockdown.

Delhi HC directs PMC Bank to consider afresh applications of depositors seeking money for emergencies
National

Delhi HC directs PMC Bank to consider afresh applications of depositors seeking money for emergencies

The Delhi High Court on Monday directed the administrators of Punjab and Maharashtra Co-operation (PMC) Bank to decide afresh about the applications of depositors seeking money for the medical and educational emergencies.

Bank credit to manufacturing muted amid pandemic
Business

Bank credit to manufacturing muted amid pandemic

New Delhi, Jan 17 Bank credit to manufacturing sector has remained muted in the current financial year amid the ...

Petitions in SC seeking direction for contempt of court proceedings against RBI Governor, others
National

Petitions in SC seeking direction for contempt of court proceedings against RBI Governor, others

A number of petitions had been filed before the Supreme Court seeking its direction for initiation of contempt of court proceedings and punishing Reserve Bank of India Governor Shaktikanta Das, and others for allegedly and willfully violating the apex court's order/directions of September 3, 2020.

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