Search For "monet"
Pak's balance of payments worsens, likely to approach IMF next month
Updated : 8 years, 2 months ago IST
Islamabad [Pakistan], Mar 27 (ANI): The Pakistan Muslim League-Nawaz (PML-N) government has accepted the International Monetary Fund's (IMF) pre-condition to let the Pakistani rupee depreciate by over four percent to qualify for any fresh bailout package needed to avoid a default-like situat
Read More
RBI slaps SBI with monetary penalty
Updated : 8 years, 3 months ago IST
New Delhi [India], Mar. 08 (ANI): The Reserve Bank of India (RBI) on March 1, imposed a monetary penalty of Rs. 40 lakh on State Bank of India (SBI) for non-compliance of its directions on detection and impounding of counterfeit notes.
Read More
Will give monetary equivalent of special status to AP: Jaitley
Updated : 8 years, 3 months ago IST
New Delhi [India], Mar. 7 (ANI): Amid an ongoing debate over according 'special status' to Andhra Pradesh, Finance Minister Arun Jaitley on Wednesday said the Centre is committed to offering the monetary equivalent of this status to the state, which will be presented as a 'special package
Read More
RBI imposes Rs.30 million-penalty on Axis Bank
Updated : 8 years, 3 months ago IST
Mumbai (Maharashtra) [India], Mar. 5 (ANI): The Reserve Bank of India (RBI) imposed a monetary penalty worth Rs. 30 million on Axis Bank Limited (the bank) for non-compliance with the directions issued on Income Recognition and Asset Classification (IRAC) norms.
Read More
RBI charges fine on IOB over non-compliance with KYC norms
Updated : 8 years, 3 months ago IST
Mumbai (Maharashtra) [India], Mar. 5 (ANI): The Reserve Bank of India (RBI) imposed a monetary penalty of Rs.20 million on Indian Overseas Bank for non-compliance with the directions issued by the former regarding Know Your Customer (KYC) norms.
Read More
RBI introduces Ombudsman Scheme for NBFCs
Updated : 8 years, 3 months ago IST
New Delhi [India], Feb 23 (ANI): As announced in its Monetary Policy Statement on February 7, India's central bank, Reserve Bank of India (RBI), on Friday launched the Ombudsman Scheme for Non-Banking Financial Companies (NBFCs).
Read More
PNB scam: CVC asks PNB, Fin Min for report
Updated : 8 years, 3 months ago IST
New Delhi [India], Feb 19 (ANI): The Central Vigilance Commission (CVC) on Monday asked the Punjab National Bank (PNB) and Ministry of Finance officials to submit a report on how the scam took place, despite monetary regulations being in place.
Read More
Cryptocurrency regulation inevitable, claims IMF Chief
Updated : 8 years, 4 months ago IST
New York [USA], Feb 12 (ANI): Amid the rising popularity of bitcoins and other form of cryptocurrencies, International Monetary Fund (IMF) Managing Director Christine Lagarde noted that cryptocurrency regulation is "inevitable".
Read More
Closing bell: Sensex ends 113.23 pts lower, Nifty at 10,476.70
Updated : 8 years, 4 months ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): Following the announcement of the Reserve Bank of India's (RBI) sixth bi-monthly monetary policy statement, market indices traded lower on Wednesday evening.
Read More
RBI keeps repo rate, reverse repo rate unchanged
Updated : 8 years, 4 months ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): The Reserve Bank of India (RBI) on Wednesday kept the repo rate and reverse repo rate unchanged at 6 percent and 5.75 percent respectively.
Read More
RBI to announce its Monetary Policy today
Updated : 8 years, 4 months ago IST
New Delhi [India], Feb 7 (ANI): The Reserve Bank of India (RBI) on Wednesday will announce its decisions on the rate cuts after its Monetary Policy Committee (MPC) meeting, which will be the first after Union Budget 2018-19.
Read More
RBI likely to keep policy rates on hold
Updated : 8 years, 4 months ago IST
Mumbai (Maharashtra) [India], Feb 6 (ANI): In the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting, which will be held today in Mumbai, the apex bank is expected to keep policy rates on hold for this week.
Read More