“The government is open to discuss with the RBI all the issues it has on regulating state-run banks,” Mr. Goyal told an industry event here.
RBI Grade B Recruitment 2018 – In all, recruitment is open for 166 vacancies. Out of these, 127 vacancies are for Officer Grade B (DR) General, 22 for Officers in Gr B (DR) DEPR, and 17 for Officers in Gr B (DR) – DSIM.
The Reserve bank Of India (RBI) has released the notification regarding the hiring 166 Grade B officers. The registration for the same will start from July 03, 2018.
Reserve Bank of India (RBI) governor Urjit Patel said the recent increase in oil prices could impact private consumption adversely during the meeting of the Monetary Policy Committee held earlier this month
The recent hike in the repo rate by the RBI has given a good reason to smile to the people who invest in fixed deposits. The central bank increased the repo rate by 0.25% from 6% to 6.25%
While no charges are levied for maintaining no-frills account or BSBDA in a bank, the regular accounts are subject to various fees and charges.
Bank deposits growth fell to a five-decade low in fiscal year ended March 2018 as the demonetisation bonanza withered away and the lure of other savings instruments such as mutual funds and insurance eroded banking competitiveness.
The Finance Bill 2018 was passed by Parliament in the Budget session and following the assent from the President, the Finance Ministry has started the process of stake transfer, sources added.
Increase in HRA by the Centre from July 2017, pushed up housing inflation significantly with concomitant impact on headline inflation according to an RBI staff paper.
Currency with public is currently at Rs 17.5 lakh crore while Rs 1.2 lakh crore is estimated to be the current value of digital transactions, resulting in a gap in circulation.
In a major headache for Public Sector Banks (PSBs) in the country, the recovery rate of non performing assets (NPA), which were written off, has been declining.
The finance ministry is in discussion with the Reserve Bank of India (RBI) for relaxation of norms regarding stressed asset resolution that was announced in February.
Proper implementation of the Goods and Services Tax (GST) in India can be worked upon and is not an “unfixable problem”, former RBI governor Raghuram Rajan has said.
The Union government has informed the Parliament that the regulations framed by the Reserve Bank of India (RBI) apply equally to both public and private sector banks.
The rise in inflation, though, is unlikely to translate into higher wages, given subdued demand for jobs in an economy which is forecast to grow at its slowest pace in four years.
RBI included the implementation of house rent allowance or HRA, under the 7th Pay Commission (7th CPC) could lead to inflation.