RBI

RBI asks credit card issuers to fix interest rate ceiling on small-value loans

09 Jul 2010

RBI wants credit card issuers to ensure greater transparency in the method of calculation of interest rates, respect customer's privacy and adhere to fair practices in debt collection.

RBI, SEBI oppose new law to resolve ULIP-type issues

09 Jul 2010

RBI and SEBI feel that if Parliament ratifies the ordinance, the joint committee could turn out to be a super-regulator

RBI grants NBFC status to L&T Infrastructure

09 Jul 2010

RBI caps salary hikes for private sector bank directors, CEOs

03 Jul 2010

RBI has asked private banks, local area banks and foreign banks operating in the country to limit annual pay hikes for CEOs and directors to 10-15 per cent and to stop guaranteeing bonuses.

RBI hikes repo rate by 25 bps to 5.50 per cent

02 Jul 2010

RBI also extended its additional liquidity support to scheduled commercial banks till 16 July even as it raised the policy rates.

India's external debt up 16.5 per cent at $261.4 billion

01 Jul 2010

Net overseas claim on Indians soars to $94.8 billion

01 Jul 2010

India's total external financial liabilities went up by $127.5 billion to $536.5 billion during the year ended March 2010, while its total external financial assets increased by $32.6 billion to $378.8 billion from $346.2 billion over the period.

Merchandise, software exporters get 1 year's time to repatriate proceeds

30 Jun 2010

RBI asks banks to reserve 60 per cent of MSME credit to micro sector

30 Jun 2010

RBI has asked banks to ensure that 40 per cent of the total MSE credit goes to micro units with Rs5 lakh or less investment and 20 per cent to MSEs with investments up to Rs25 lakh.

RBI to launch housing start-up index as construction indicator

30 Jun 2010

The Reserve Bank of India will soon launch a ‘housing start-up index’ to help gauge activity in the construction sector, and in turn help gauge the state of the real estate sector.

India's forex reserves up $3.2 billion as dollar sinks

26 Jun 2010

RBI revises norms for non-convertible debenture issue

23 Jun 2010

Companies should have Rs4 crore minimum net worth and sanctioned working capital limit or term loan by banks or all-India financial institutions to be eligible to issue non-convertible debentures of up to one year maturity.

Corrections or alterations on cheques prohibited from 1 December: RBI

22 Jun 2010

RBI wants to both ease liquidity and hike rates

17 Jun 2010

RBI is faced with a strange situation where banks are in a tight liquidity position even as the wholesale price inflation is continuing its upward spiral.