RBI likely buying dollars in spot, paying forwards, say traders

[ad_1] News Business Banking and Finance RBI likely buying dollars in spot, paying forwards, say traders The Reserve Bank of India (RBI) was possibly buying dollars in spot and paying…

Upi: Upi May Extend To Uae, Mauritius & Indonesia | India Business News – Times of India

[ad_1] BENGALURU: After Singapore, the RBI is in talks with several countries, including Indonesia, UAE and Mauritius, for establishing a direct payment link of the Unified Payments Interface (UPI) with…

Bankers remain optimistic on loan demand across sectors

[ad_1] News Business Banking and Finance Bankers remain optimistic on loan demand across sectors During the first nine months of fiscal 2022-23, non-food credit grew at 11.9 per cent to…

RBI seeks details from banks about Adani exposure

[ad_1] When contacted, an RBI official declined to comment on the development. After Credit Suisse stopped accepting bonds of Adani Group companies as collateral for margin loans to its private…

Core inflation continues to be sticky, elevated: RBI Governor

[ad_1] Reserve Bank of India Governor Shaktikanta Das Friday said even as inflation has eased in November and December, it continues to remain elevated. The core inflation also remains sticky…

Material drop in NPAs of the banking system: RBI

[ad_1] The Reserve Bank of India has told the Supreme Court that its “resolute efforts have resulted in material decline in the Non Performing Assets (NPAs) of the banking system”.…

Digital currency to further bolster digital economy, says RBI

[ad_1] Digital currency will further bolster the digital economy, make payment system more efficient, reduce cost involved in physical cash management and also contribute to further financial inclusion, RBI Executive…

Business news Updates: SBM Bank says engaging with RBI to address ‘concerns’

[ad_1] Welcome to livemint.com updates platform where you can find breaking news from India and across the world. Find fast updates about the latest news as it breaks. 25 Jan…

Tethering inflation is 2023 focus: RBI report

[ad_1] With consumer price-based inflation (CPI) easing below the upper tolerance band of 6 per cent, the focus for 2023 is to tether inflation at those levels and further align…

Annapurna Finance Pvt applies for universal bank license

[ad_1] The Reserve Bank of India (RBI) on Wednesday said it has received an application from Bhubaneswar-based Annapurna Finance Pvt Ltd for an on- tap license to start universal banks…