Tag: RBI
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Infra lending faces high risk: RBI
MUMBAI: RBI deputy governor M Rajeshwar Rao has said that infrastructure projects face high risks, complicating their financing. He called for a unified approach...
Bank Holidays September 2024: Check state-wise holiday list – banks closed for up to 15 days
Bank Holidays September 2024: In September 2024, banks across various states in India will remain closed for a total of 15 days, including the...
India’s Q1 GDP growth slows to 6.7%, but still world’s fastest growing major economy
India Q1 GDP growth: India's economic growth slowed to 6.7% year-on-year in the April-June quarter, falling short of the 6.8-7% GDP growth expected by...
Tighter norms for deposit-taking HFCs
MUMBAI: RBI has tightened norms for deposit-taking housing finance companies and brought them on an par with non-banking finance companies. The new norms increase...
Money in digital accounts pose higher flight risk, says RBI
MUMBAI: RBI's new norms will now categorise money in digital accounts as 'hot money' with a higher flight risk. This decision was made in...
