Search For "banks rbi"
"Do not rush to banks:" RBI governor says Rs 2000 notes will continue to b
Updated : 3 years ago IST
The Governor said this Rs 2000 note was primarily issued to replenish money, taken out from the system during the demonetisation of Rs 500 notes and Rs 1,000 notes.
Read More
Has taken number of steps to strengthen resilience of Indian banks: RBI Gu
Updated : 3 years, 4 months ago IST
While addressing the queries of the media during a press conference after the announcement of the Monetary Policy's outcome, he said RBI has taken a number of steps to strengthen the resilience of Indian banks and it has set guidelines on risk management committees and made it mandatory to a
Read More
Eight banks participated in digital currency project: RBI Deputy Governor
Updated : 3 years, 4 months ago IST
T Rabi Sankar said that there are currently over 50,000 retail central bank digital currency (CBDC) users in India.
Read More
'Loans worth Rs 1,74,966 cr written off in 2021-22': MoS Finance Bhagwat K
Updated : 3 years, 5 months ago IST
The Union Minister of State for Finance, Bhagwat Karad on Tuesday informed the Rajya Sabha that loans worth Rs 1,74,966 crores were written off by scheduled commercial banks (SCBs) in the last financial year and Rs 33,534 crores were recovered from written-off loans in the last financial yea
Read More
RBI Deputy Governors discuss regulatory issues with CEOs of small finance
Updated : 3 years, 12 months ago IST
Mumbai (Maharashtra) [India], June 10 (ANI): The Reserve Bank of India's (RBI) deputy governors, M Rajeshwar Rao and M K Jain on Friday met with managing directors (MDs) and chief executive officers (CEOs) of small finance banks to discuss governance and regulatory issues.
Read More
RBI recognise Small Finance Banks' contribution towards underserved sectio
Updated : 4 years, 9 months ago IST
New Delhi [India], August 27 (ANI): Deputy Governors of Reserve Bank of India (RBI) MK Jain and M Rajeshwar Rao held a discussion with the MD and CEOs of all eleven Small Finance Banks (SFBs) on Friday through video conference and recognised their contribution towards financial inclusion by
Read More
Banks should cooperate more to face COVID crisis, says Kerala CM
Updated : 4 years, 10 months ago IST
Thiruvananthapuram (Kerala) [India], July 30 (ANI): Kerala Chief Minister Pinarayi Vijayan on Thursday said banks should cooperate more to face the economic crisis created by the COVID pandemic. The Chief Minister was addressing a meeting of the State Level Bankers' Committee.
Read More
1,540 cooperative banks to be brought under RBI's supervision: Prakash Jav
Updated : 5 years, 11 months ago IST
New Delhi [India], June 24 (ANI): Over 1,500 urban and multi-state cooperative banks will be brought under the supervisory power of the Reserve Bank of India (RBI), said Union Minister Prakash Javadekar on Wednesday.
Read More
Supreme Court allows trade in cryptocurrencies, quashes RBI curb
Updated : 6 years, 3 months ago IST
New Delhi [India], Mar 4 (ANI): The Supreme Court on Wednesday struck down the Reserve Bank of India (RBI) 2018 circular that barred banks from giving access to companies in trading in cryptocurrencies.
Read More
Goyal calls for big push to boost exports
Updated : 7 years ago IST
New Delhi [India], June 7 (ANI): Minister of Commerce and Industry Piyush Goyal on Friday called for easy availability of credit at a low interest rate to boost exports of goods and services to two trillion US dollars in the next five years.
Read More
99.3% demonetised notes returned to banks: RBI
Updated : 7 years, 9 months ago IST
New Delhi [India], Aug 29 (ANI): The Reserve Bank of India (RBI) in its annual report for the year 2017-18 stated that 99.3 per cent of the demonetised Rs 500 and Rs 1,000 notes have returned to the banking system.
Read More
Security system integrators AnG India completes RBI mandate within 25 days
Updated : 8 years, 9 months ago IST
New Delhi [India], Mar 9 (ANI): With the radical move of the demonetization of currency notes of 500 and 1000 on November 8th, the Government of India took several vital steps to ensure the safety of banks. RBI has given the directives to all Private and Government banks to preserve the vide
Read More