New Delhi [India], June 7 (ANI): The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), headed by Governor Urjit Patel kept the repo rate unchanged at 6.25 percent after its second bimonthly review of this financial year here today.
New Delhi [India], June 7 (ANI): With the Reserve Bank of India (RBI) announcing its second bi-monthly monetary policy review today, the economists have said that there would be no change to interest rates, adding that the apex body would adopt a wait and watch policy to see how inflation tr
Mumbai [India], June 6 (ANI): The State Bank of India, the country's largest lender, will organize farmers' meets at 15,500 rural and semi-urban branches across the country on June 8.
New Delhi [India], June 5 (ANI): The Reserve Bank of India (RBI) on Monday imposed a monetary penalty of Rs. five lakh on the Jalore Nagrik Sahakari Bank Ltd. on account of violation of the bank's guidelines.
New Delhi [India], May 30 (ANI): The Reserve Bank of India (RBI) on Tuesday announced the introduction of currency notes in one rupee denomination, printed by the Government of India.
New Delhi [India], May 12 (ANI): Soon after reports surfaced of Rs. 25 charge on cash withdrawals, the State Bank of India on Thursday denied the same, stating that the charges were only applicable on withdrawals made by the State Bank Buddy through ATMs.
Mumbai [India], May 11 (ANI): The Reserve Bank of India (RBI) will conduct 7 day, 14 day and 28 day variable rate reverse repo auctions under LAF on Thursday.
New Delhi [India], May 10 (ANI): Aye Finance on Wednesday announced receiving of Rs. 20 crore from State Bank of India for on-lending and getting approvals for sanctioned credit facilities.
New Delhi [India], May 10 (ANI): The Reserve Bank of India (RBI) on Wednesday invoked prompt corrective action (PCA) on government-owned IDBI Bank due to its bad loans and return on assets (ROA).