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RBI panel proposes framework for State guarantees

State governments may publish/ disclose data relating to guarantees, as per the Indian Government Accounting Standard (IGAS), it said.

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The Indian rupee strengthened by 11 paise to 83 29 against the US dollar

The local currency commenced the trading day on a positive note, opening at 83.28 per dollar, surpassing its previous closing value of 83.40.

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RBI Governor Das: Increased risk weight is a precautionary approach to ensuring sustainable lending

Reserve Bank of India (RBI) Governor Shaktikanta Das said that the recent instruction to increase risk weights for unsecured consumer loans by banks and non-banking financial companies (NBFC) is a cau

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Rupee slips 2 paise to 83 25 against US dollar in early trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, was flat at 104.35.

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RBI found excessive dominance by 1-2 board members even in big commercial banks: Shaktikanta Das

Board discussions have to be free, fair and democratic, Shaktikanta Das said, addressing directors of Urban Cooperative Banks (UCBs) at a meeting organised by the Reserve Bank of India (RBI) in Mumbai.

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