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Finance

India’s Forex Reserves Decline by $5.69 Billion to $634.58 Billion

By BPN News Desk January 12, 2025
India's forex reserves fall by $5.69 billion, reaching $634.58 billion.
Finance

RBI Eases Restrictions on Select NBFCs Following Compliance Improvements

By Editor - News Desk January 11, 2025
RBI lifts curbs on certain NBFCs after enhanced regulatory compliance.
Finance Government Policies

RBI Mandates Banks to Offer Fixed Interest Rate Loan Products

By Editor - News Desk January 11, 2025
RBI requires banks to provide fixed interest rate loan options to customers.
Finance

Microfinance Institutions Urge RBI to Relax Regulatory Norms

By BPN News Desk January 10, 2025
Microfinance institutions (MFIs) in India are appealing to the Reserve Bank of India (RBI) to relax certain regulatory norms that they believe are hindering their operations and growth. This request comes amid challenges faced by the sector in extending credit to underserved populations. Key Concerns Raised by MFIs Stringent Capital Adequacy Requirements: MFIs argue that
Image Credit: Ministry of Information & Broadcasting
Economy National

RBI-Government Divide Widens Over Growth and Interest Rates

By BPN News Desk December 2, 2024
As India navigates an economic slowdown, a growing divergence in perspectives between the Reserve Bank of India (RBI) and the central government has come to light. The disagreement revolves around the pace of economic growth and the decision to maintain current interest rates. Government’s Growth Push The central government continues to focus on fiscal measures […]
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