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GDP growth at 5.3%: A lot needs to be done for the economy to see acche din again

Vivek Kaul

India has largely been a centrally planned economy since independence. The central planning increased dramatically in the second term of the previous United Progressive Alliance (UPA) government. 1,286 more words

Analysis

Levy of penal charges on non-maintenance of minimum balance in savings bank accounts

RBI has vide its circular dated 20th November, 2014 issued new guidelines on levy of penal charges on non-maintenance of minimum balance in savings bank accounts. 286 more words

Your neighbourhood supermarket can now turn into a bank

The Reserve Bank of India (RBI) just gave prime minister Narendra Modi’s plan to get more Indians to use bank accounts a massive boost.

The RBI on Thursday issued guidelines for two new types of banks in the country— 462 more words

NTH :: CIBIL looks to expand information sources to rate first time borrowers

Writes to RBI, Trai and Irda; says it will help banks bring down risks
T E Narasimhan  |  Chennai | November 26, 2014 Last Updated at 12:55 IST | Business Standard… 322 more words

News That Helps | NTH

Export proceeds to be realised & repatriated to India within 9 Months of from the date of Export

RBI had notified via Circular No RBI/2014-15/306 A.P. (DIR Series) Circular No. 37 that of realization and repatriation of export proceeds shall be nine months from the date of export for all exporters including Units in SEZs, Status Holder Exporters, EOUs, Units in EHTPs, STPs & BTPs until further notice. 292 more words

RBI

Re-designing Regulatory Framework for NBFCs by RBI

Re-designing Regulatory Framework for NBFCs by RBI

The Non-Banking Finance Companies (NBFCs) in India, have evolved over the last fifty years to emerge as notable alternate sources of credit intermediation.  4,947 more words

RBI

RBI Cautions against Misuse of cancelled NBFC Certificate of Registration

It has come to the notice of the Reserve Bank of India that some entities/imposters, including companies, partnership firms, individuals, etc., are fraudulently impersonating as Non Banking Financial Companies (NBFCs) registered with the Reserve Bank of India, by forging the Certificate of Registration cancelled by Reserve Bank of India. 123 more words

RBI