Reserve Bank of India Archives - Page 17 of 22

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

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...

Lingering concerns exist on whether Paytm hyped its IPO price and now this

Banking

Reserve Bank of India asks Paytm Payments Bank to stop opening...

Team PGurus - March 11, 2022 0

Paytm Payments Bank violated RBI norms: RBI The Reserve Bank of India (RBI) on Friday asked Paytm Payments Bank to stop opening new accounts amid...

Nirmala Sitharaman's statement on Crypto Currencies leaves many unanswered questions

Budget

Crypto Currencies: India not going to legalize or ban. But will...

Team PGurus - February 11, 2022 0

Hands-off policy on Crypto Currencies by GOI an interesting stand Finance Minister Nirmala Sitharaman on Friday told the Parliament that the government at this stage...

The RBI also retained its key short-term lending rates during the sixth and final monetary policy review of FY22

Economy

India’s retail inflation for FY23 at 4.5%: RBI

PGurus Newsdesk - February 10, 2022 0

RBI projects India's FY23 retail inflation at 4.5% Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that India's FY23 retail inflation is...

Budget

Budget 2022: Transfer of digital asset to be taxed at 30%,...

PGurus Newsdesk - February 1, 2022 1

FM Sitharaman announces 30% tax on virtual assets The Union Finance Minister Nirmala Sitharaman said that the income from virtual assets will be taxed at...

T M Bhasin, former Vigilance Commissioner to head the Advisory Board ABBFF

Banking

Central Vigilance Commission (CVC) expands scope of banking frauds panel to...

Team PGurus - January 6, 2022 0

Threshold for investigating bank frauds lowered to Rs.3 crore by the CVC The Central Vigilance Commission (CVC) on Thursday expanded the scope of the Advisory...

In a move to pump up the economy, NRIs and OCIs can buy immovable property in India

Investing

NRIs, OCIs do not need prior nod to buy immovable property...

Team PGurus - December 29, 2021 1

Welcome move by the Govt to allow NRIs, OCIs to buy immovable property in India Bringing good news to Non-Resident Indians and people of Indian...

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...