Newsblare

newsblare logo

Sign in

Banking & Insurance Commodities & Currency Cryptocurrency Digital Money Economic & Finance Market Overview

The Indian banking sector is well regulated and well supervised: RBI Governor

Shaktikanta Das, the governor of the Reserve Bank of India(RBI), gave the country’s banking system a thumbs-up, stressing the importance of banking sector regulation and supervision in light of recent developments in the US. “India has a well-regulated and well-supervised banking sector. The same would apply to the NBFC sector and other financial entities under […]

Read More
Advisor Network Banking & Insurance Economic & Finance Laws & Taxes Real Estate

RBI Monetary Policy Reaction – Entering the Red Zone

As anticipated, with inflation edging higher in the aftermath of the Russia-Ukraine war and the surging oil prices, the RBI has decided to increase the repo rates by 50 bps. It is now increased to 4.90%. “A hike was inevitable, but we are now entering the red zone. Any future hikes will reflect markedly on […]

Read More
Banking & Insurance Economic & Finance

RBI approves transfer, but would it ease govt’s fiscal?

The RBI Central Board approved the transfer of ₹57,128 crores as surplus to the Central Govt for the accounting year 2019-20 while deciding to maintain the Contingency Risk Buffer at 5.5%. Reserve Bank of India on Friday approved a dividend of ₹57,128 crores to the government. But the question still is unanswered, even if RBI approves the […]

Read More