RBI News

RBI categorises P2P lending platforms as NBFCs

India Infoline News Service / 10:55, Sep 20, 2017

The Reserve Bank of India (RBI) on Wednesday notified that peer-to-peer (P2P) lending platforms would be treated as non-banking financial companies (NBFCs).

RBI Documents

Third Bi-Monthly Monetary Policy Statement, 2017-18 by Dr. Urjit Patel

India Infoline News Service / 14:42, Aug 02, 2017

The Monetary Policy Committee (MPC) decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 6.25% to 6.0% with immediate effect. Consequently, the reverse repo rate under the LAF stands adjusted to 5.75%, and the marginal standing facility (MSF) rate and the Bank Rate to 6.25%.

Latest RBI Videos

Third Bi-Monthly Monetary Policy Press Conference 2017-2018, Wednesday August 02, 2017
Second Bi-Monthly Monetary Policy Press Conference 2017-2018, Wednesday, June 07, 2017
First Bi-Monthly Monetary Policy Press Conference 2017-2018, Thursday, April 06, 2017
Governors of the RBI

Urjit R. Patel

Urjit R. Patel is an Indian economist, consultant and banker, currently serving as Deputy Governor of the Reserve Bank of India (RBI). As Deputy Governor of RBI, he looks after monetary policy, economic policy research, statistics and information management, deposit insurance, communication and Right to Information. On 20 August 2016, he was named as the governor of RBI.

 

It is IIFL's endeavour to keep you abreast with developments that unfold in the the Reserve Bank of India on a day-to-day basis. The information provided in this section has been sourced from RBI's official portal and gleaned for readers to enable them to have a quick glance of all that is essential.

Through this initiative, IIFL strives to provide essential details on RBI's monetary policy, repo rates, policy rates, bank rates, credit policies, interest rates, latest RBI policy announcements, RBI guidelines, and various other aspects. We will also provide readers with other insightful information such as RBI governor’s comments and sneak-peek into the history of all RBI governors and of course our research view before and after every monetary policy.