img src="https://img.jagranjosh.com/images/2024/July/372024/How-will-RBI-Project-Nexus-Benefit-Indians-in-Foreign-land.jpg" width="1200" height="675" /> In order to ...

Photo: Reuters Mumbai: The Reserve Bank of India (RBI) Thursday allowed non-banking finance companies (NBFC) to provide takeout financing to projects, an option so far available to only banks.

The Reserve Bank of India (RBI) has proposed stricter regulations regarding loans for under-construction projects. The central bank's draft regulations suggested classifying projects based on ...

RBI underscored that a positive net present value (NPV) is a prerequisite for any project financed by lenders. Any subsequent diminution in NPV during the construction phase, either due to changes ...

Project loans that were not overdue or stressed so far attracted a provision of 0.4%, as per a 2021 circular available on the RBI’s website. Indian banks, both from the public as well as private ...

Since this multilateral approach is likely to give impetus to expanding the international reach of Indian payment systems, RBI has joined the Project Nexus, which is a multilateral international ...

MUMBAI: The Reserve Bank of India (RBI) is aiming to increase the number of customers in the pilot project for retail Central Bank Digital Currency (CBDC) to half a million by July this year ...

The Reserve Bank of India (RBI) will today launch the nation's first digital rupee pilot project for the wholesale segment. In a statement, the central bank said that it will "soon commence pilot ...