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Searched Tag: rbi board
RBI’s move may let defaulters dodge repayment calls.

Lenders fear RBI rule will aid loan defaulters

February 23, 2025, 04:05 PM - 3 min read

The Reserve Bank of India’s directive to formalise communication between financial institutions and customers through dedicated phone number series may complicate debt recovery efforts, according to industry experts.

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Electricity Distribution Companies Continue To Drain Finances: RBI Report.

RBI warns of rising burden from state electricity DISCOMs

December 22, 2024, 04:53 PM - 4 min read

Electricity distribution companies (DISCOMs) continue to remain a significant burden on state finances, according to a recent report by the Reserve Bank of India (RBI). The report highlights that despite ongoing reform efforts, the financial health of these companies has not improved substantially.

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RBI board reviews global, domestic economic situation

RBI board reviews global, domestic economic situation

December 20, 2024, 05:27 PM - 1 min read

"The Board reviewed the global and domestic economic situation and outlook, and discussed the activities of select central office departments as well as the draft report on Trend and Progress of Banking in India, 2023-24," the RBI said in a statement.

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