RBI | PGurus

The RBI noted that the growing threat of the crypto-assets ecosystem warrants drastic approaches by national authorities

Investing

RBI slams unbacked crypto assets, stablecoins, DeFi and crypto trading platforms

PGurus Newsdesk - July 1, 2022 0

RBI underscores need for regulatory guardrails to ensure financial stability and consumer, investor protection The Reserve Bank of India (RBI) has come down heavily on...

In early May, the RBI, in a surprise off-cycle meeting, hiked the repo rate by 40 basis points (bps) to 4.40 percent, amidst rising inflation concerns in the economy

Economy

RBI hikes repo rate by 50 bps, GDP forecast retained at...

PGurus Newsdesk - June 8, 2022 1

RBI raises repo rate for the second time in 5 weeks At the conclusion of the monetary policy committee's three-day meeting on June 8, the...

Core inflation stood at 6.2 per cent YoY for the fifth consecutive month in February 2022

Economy

RBI expected to prioritize growth over inflationary fears during April meet

PGurus Newsdesk - March 19, 2022 0

Inflation expected to remain at elevated levels due to higher crude oil prices In the upcoming April 2022 policy meet, the Reserve Bank of India...

For the new Gandhinagar exchange to be successful, the Government must clean up the mess created in NSE with the blessings of SEBI

Business

New Stock Exchange SGX Nifty IFSC to run on TCS trading...

Team PGurus - March 16, 2022 0

TCS bags an important contract to run the back-end for the new upcoming exchange in Gandhinagar Tata Consultancy Services, which controls over 40 percent of...

The apex court listed the matter for further hearing on March 21

Law and Order

Delhi HC asks Centre, SEBI, RBI to respond to a plea...

Team PGurus - February 22, 2022 0

Sameer Gehlaut round-tripped funds of Indiabulls through circuitous route into accounts owned by him and his wife A day from the raids of Enforcement Directorate...

Charges have been increased given the rising cost of ATM deployment and expenses pertaining to ATM maintenance

Banking

Cash withdrawals from ATMs will be heavier on pockets from Jan...

PGurus Newsdesk - December 7, 2021 0

Cash withdrawals from ATMs will get costlier from Jan Cash withdrawals from Automated Teller Machines (ATM) are set to become slightly heavier on the pocket...

The state government will have to ensure that an initiative should be taken from today so that its positive impact can be felt after some years

Commerce

West Bengal’s daily wage of rural workers is way below the...

PGurus Newsdesk - December 5, 2021 0

RBI reports: West Bengal ranks below national average in daily wage of rural workers A recent report published by the Reserve Bank of India (RBI)...

The decision to supersede Reliance Capital Board was taken as the company defaulted on various payment obligations to its creditors

Business

Reserve Bank of India supersedes debt-ridden Anil Ambani’s Reliance Capital Board....

Team PGurus - November 29, 2021 1

RBI takes control of Anil Ambani-owned Reliance Capital, to push for insolvency Reserve Bank of India (RBI) on Monday superseded the board of debt-ridden industrialist...

Investing

RBI governor Shaktikanta Das warns of cryptocurrencies

PGurus Newsdesk - November 11, 2021 2

RBI governor Shaktikanta Das sounds alarm on potential pitfalls of cryptocurrencies Reserve Bank of India (RBI) governor, Shaktikanta Das, alarmed on cryptocurrencies, cautioning investors on...