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Stock Market Today: Nifty 50 settles near 21,000 as RBI raises growth forecast; bank, IT stocks shine

8 Dec 2023 12:34 PM GMT
This raised expectations that the central bank won't hinder growth and might lower interest rates if needed

Stock Market Today: Nifty 50, Sensex snap 7-day winning streak; mid, smallcaps outperform; RBI MPC outcome in focus

7 Dec 2023 10:22 AM GMT
Nifty 50 today opened at 20,932.40 against the previous close of 20,937.70 and touched its intraday high and low of 20,941.25 and 20,850.80...

Jio Financial Services seeks RBI approval to convert from NBFC to CIC

23 Nov 2023 9:36 AM GMT
CICs are NBFCs that invest in the equity shares, preference shares or convertible bonds or loans of their group companies

RBI mulls new penalty framework for banks: Report

20 Nov 2023 9:32 AM GMT
There is also speculation about the possibility of imposing additional capital charges on regulated entities, as per the report

RBI likely to hold repo rate, focus on falling inflation trajectory over the rate of inflation

13 Sep 2023 9:20 AM GMT
With this easing CPI inflation, economists expect the RBI’s MPC to hold repo rates again in its October monetary policy

Report: RBI likely to launch digital rupee pilot for interbank transactions by October

10 Sep 2023 10:43 AM GMT
In November 2022, the pilot of the wholesale CBDC, known as the Digital Rupee-Wholesale (e-W), was launched

RBI approves Dipak Gupta's appointment as interim chief of Kotak Mahindra Bank

8 Sep 2023 9:10 AM GMT
The Reserve Bank of India has approved the appointment of Dipak Gupta as the interim managing director and chief executive officer of Kotak Mahindra...

New RBI rules to regulate penal charges on loans to come into effect from next year

18 Aug 2023 5:45 AM GMT
The guidelines with respect to penal charges in loan accounts will be effective from January 1, 2024

Karur Vysya Bank share price jumps over 4% as RBI okays reappointment of MD & CEO

17 July 2023 6:06 AM GMT
On the technical front, as per trendlyne data, the stock price rose 184.3% and outperformed its sector by 150.9% in the past year

New debit credit card rules: How bank customers will benefit from this RBI proposal of card portability

8 July 2023 5:47 AM GMT
This rule challenges the existing practice where card network options are predetermined by agreements between issuers and networks

"Wrong interpretation of RTI info": RBI on reports of missing banknotes

18 Jun 2023 5:45 AM GMT
The Reserve Bank of India (RBI) has clarified that reports alleging missing Rs.500 notes worth Rs.88,032 crore from the system are erroneous

RBI on 2000 Rupee note: RBI to withdraw Rs 2,000 notes from circulation

19 May 2023 2:56 PM GMT
It has advised banks to stop issuing ₹2000 denomination banknotes with immediate effect