Tag: RESERVE BANK

NBFC loan growth significantly drop down after RBI decision

onlinenews24seven
NBFC loan growth significantly drop down after RBI decision

Reserve Bank of India: The Reserve Bank of India has said in one of its reports that the condition of non-banking financial companies (NBFCs) remains stable. Their condition has improved with adequate capital, strong interest margins and better asset quality. Talking about this in the Financial Stability Report, it has been said that this year RBI had taken action to stop giving loans to four non-banking financial companies. This was done in order to help consumers charge more interest on loans. After this action of RBI, the loan growth of…

Read More

RBI: Where does the Reserve Bank keep hundreds of tons of gold? Is there a separate locker for this?

onlinenews24seven
RBI: Where does the Reserve Bank keep hundreds of tons of gold? Is there a separate locker for this?

The Reserve Bank of India has brought back more than 100 tons of gold from Britain to India. This gold will be kept in the Reserve Bank’s reserves. But do you know where the Reserve Bank of India keeps so much gold? Today we will tell you where India has kept the 100 tons of gold brought from Britain. Gold Let us tell you that more than half of the RBI’s gold reserves are kept safely abroad with the Bank of England and the Bank of International Settlements. About one-third…

Read More