RBI
RBI panel suggests doubling Mudra loan ceiling for MSMEs to Rs20 lakh
19 Jun 2019
The revised loan limits would be applicable to more units once the government approves the proposal for a turnover-based criteria that has been set at Rs5 crore for micro units, up to Rs75 crore for small units and up to Rs250 crore for medium enterprises
RBI relaxes leverage ratio for banks
07 Jun 2019
RBI removes charges on RTGS/NEFT transactions in digital push
07 Jun 2019
While the charges for NEFT are in the range of Re1 to Rs5, and that for RTGS are between Rs5 and Rs50, the move is expected to attract more participants
RBI cuts interest rate by a further 25 bps to 5.75%
06 Jun 2019
The MPC also decided to change the stance of monetary policy from neutral to accommodative to support growth, while sticking to the medium-term target for consumer price inflation of 4 per cent within a band of (+/-) 2 per cent
RBI panel suggests deepening the digital payments ecosystem
04 Jun 2019
The committee, headed by Nandan Nilekani, has suggested that the government take the lead in digitisation of payments besides an increased focus on low value high volume low-cost transactions to achieve a ten-fold increase in digital payment volumes
