[ad_1] RBI will buy government securities worth Rs 1.2 lakh crore between July-September 2021 The Reserve Bank of India (RBI) will undertake an open market purchase of government securities or G-Secs worth Rs 1.2 lakh crore under the G-Sec acquisition programme during the July-September period. According to a statement issued by the Central bank, it […]
[ad_1] The gross non-performing assets of banks have been stable at 7.5 per cent in March 2021 The second wave of the pandemic took a “grievous toll” on India, but the dented economic activity has started recovering from late-May, Reserve Bank Governor Shaktikanta Das said on Thursday. In a first, Das flagged the rising data […]
[ad_1] RBI Governor held meeting with heads of public sector banks With the second wave of Corona virus pandemic causing widespread havoc across the country, the Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday urged upon public sector banks to continue with measures to enhance resilience in their balance sheets. In a virtual […]
[ad_1] RBI Governor foresees four distinct sets of banking landscapes emerging in the current decade. India is on way to becoming Asia’s top financial technology (fintech) hub with 87 per cent adoption rate as against the global average of 64 per cent, RBI Governor Shaktikanta Das said on Thursday. The fintech market in India valued […]
[ad_1] The RBI is discussing public sector banks privatisation with the centre, Governor Shaktikanta Das said on Thursday and added that the “process will move on.” Mr Das emphasized that a healthy banking sector, with a strong capital base and ethics-driven governance remained a policy priority. Meanwhile, the RBI Governor Shaktikanta Das said the ongoing revival […]