Search For "central bank"
Congress accuses RBI of systemic failure as regulator
Updated : 6 years, 5 months ago IST
New Delhi [India], Sept 27 (ANI): The Congress on Friday accused the Reserve Bank of India (RBI) of 'systemic failure' in regulating the affairs of Punjab and Maharashtra Cooperative Bank and demanded the central bank should withdraw instructions to restrict withdrawals initially to Rs 1,000
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Continued global monetary policy easing could stoke FPI inflows to India:
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 21 (ANI): The reduction in US Federal Reserve's policy rate by 25 basis points and the European Central Bank's decision to resume asset purchases is likely to augur well for short-term foreign portfolio investment (FPI) flows to economies such as India which
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Trump criticises US Federal Reserve for not 'acting quickly' as ECB
Updated : 6 years, 6 months ago IST
Washington [US], Sept 12 (ANI): Hours after European Central Bank (ECB) lowered rates on deposit facility by 10 basis points, US President Donald Trump on Thursday criticised the Federal Reserve for not acting quickly as ECB.
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Sensex falls by 167 points after volatile session, auto stocks drag
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sept 12 (ANI): Equity benchmark indices reversed morning gains to end lower on Thursday ahead of the macroeconomic data as well as a key meeting of the European Central Bank that could begin another wave of monetary easing by global central banks.
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Steps to boost lending could increase banking sector risk: Fitch
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 6 (ANI): Risks in India's banking sector may rise as a result of the central bank's steps encouraging more lending to non-bank financial institutions (NBFIs) and retail borrowers, Fitch Ratings said on Friday.
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Edelweiss Group, Central Bank of India partner to co-lend to MSMEs
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sept 2 (ANI): ECL Finance, a subsidiary of Edelweiss Financial Services, and government-owned Central Bank of India have signed an agreement for priority sector lending to micro, small and medium enterprise (MSME) customers.
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Gold prices breach Rs 40,000 mark, silver hits new highs
Updated : 6 years, 6 months ago IST
Ahmedabad (Gujarat) [India], Aug 30 (ANI): A slowdown in global economy and escalating US-China trade tensions have pushed up the price of yellow metal up nearly 20 per cent so far this year.
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RBI's decision to transfer Rs 1.76 lakh crore to govt will harm economy in
Updated : 6 years, 6 months ago IST
Kolkata (West Bengal) [India], Aug 28 (ANI): Accusing the Centre of snatching the Reserve Bank of India's (RBI) autonomy, economist Abhirup Sarkar on Tuesday said that the central bank's decision to transfer Rs 1.76 lakh crore to the government would harm the economy in the long run.
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Congress slams RBI Governor, terms him as pliant
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 27 (ANI): The Congress on Tuesday slammed RBI Governor Shaktikanta Das over the central bank's decision to transfer Rs 1.76 lakh crore to the government, saying an "obliging, pliant" RBI Governor has done what none of his predecessors was willing to do.
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Sitharaman dismisses criticism about RBI's decision, says outlandish to qu
Updated : 6 years, 6 months ago IST
Pune (Maharashtra) [India], Aug 27 (ANI): Finance Minister Nirmala Sitharaman on Tuesday dismissed criticism about the RBI's decision to transfer Rs 1.76 lakh crore to the government and said that any suggestion concerning the credibility of the central bank and the Jalan Committee "seems
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Chinese central bank expresses regret after US designates Beijing a curren
Updated : 6 years, 7 months ago IST
Beijing [China], Aug 6 (ANI): Chinese central bank on Tuesday expressed "deep regret" over United States' unilateral steps to designate China as a currency manipulator and said that the step will "bring turmoil to the financial market".
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Equity indices surge ahead of RBI's monetary policy decision, Indiabulls H
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 6 (ANI): Equity benchmark indices were in the positive zone on Tuesday, a day before the central bank's monetary policy decision on key interest rates.
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