Search For "monetary"
RBI imposes monetary penalty on Maharashtra State Co-operative Bank
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed Rs 37.5 lakh monetary penalty on Maharashtra State Co-operative Bank Ltd for non-compliance with directions related to reporting and monitoring of frauds.
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Growth outlook for H1FY23 robust despite monetary policy tightening: CII p
Updated : 3 years, 8 months ago IST
New Delhi [India] July 11 (ANI): A recent poll conducted by the industry body Confederation of Indian Industry (CII) revealed that despite the sharp increase in inflation and heightened inflation, expectations and concerns around monetary policy tightening, the overall growth outlook for
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No loan from IMF despite Pakistan 'dancing to its tune', says Interior Min
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 11 (ANI): Pakistan's Interior Minister Rana Sanaullah on Sunday said that the International Monetary Fund (IMF) had not released the tranche for the USD 6 billion bailout package under its extended fund facility, even though it had made the country "dance to its
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South Asian nations tying luck to China's infrastructure projects and fail
Updated : 3 years, 8 months ago IST
Washington [US], July 11 (ANI): Sri Lankan Prime Minister Ranil Wickremesinghe had recently accepted the fact that the island nation is participating in negotiations with the International Monetary Fund (IMF) as a "bankrupt country."
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Pakistan to borrow PKR 5.5 trillion from international lenders
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 10 (ANI): Pakistan would borrow Pakistani Rupees (PKR) 5.5 trillion from international lenders in the current fiscal year to maintain their foreign exchange reserves, repay the previous loans and finance of current account deficit.
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Inflation may ease gradually in second half of 2022-23, says RBI Governor
Updated : 3 years, 8 months ago IST
New Delhi [India], July 9 (ANI): Inflation, which has been above the central bank's tolerance limit since the beginning of 2022, is likely to ease gradually in the second half of the current financial year, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Saturday.
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RBI Governor says inflation expected to ease in second half of 2022-23
Updated : 3 years, 8 months ago IST
New Delhi [India], July (ANI): India's inflation is expected to ease gradually in the second half of the current financial year 2022-23, "precluding the chances of a hard landing" monetary policy actions, said the Reserve Bank of India Governor, Shaktikanta Das.
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Bangladesh protests as China attempts to steal credit for Padma Bridge
Updated : 3 years, 8 months ago IST
Dhaka [Bangladesh], July 8 (ANI): In the run-up to the inauguration of the bridge over the river Padma, Bangladesh has protested vehemently against an attempt by China to steal credit for its construction.
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RBI imposes Rs 5.72 crore monetary penalty on Federal Bank Limited
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 8 (ANI): The Reserve Bank of India (RBI) said on Friday it has imposed a monetary penalty of Rs 5.72 crore on Federal Bank Limited for non-compliance with the central bank's direction related to the delivery of financial services.
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RBI imposes monetary penalty on Bank of India
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 8 (ANI): The Reserve Bank of India (RBI) said on Friday it has imposed a monetary penalty of Rs 70 lakh on the Bank of India for violation of Know Your Customer (KYC) related regulations.
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Preparing India for the future workplace
Updated : 3 years, 8 months ago IST
New Delhi [India], July 8 (ANI/PNN): After a two-year hiatus due to the Covid-19 pandemic, the global job ecosystem faces multiple threats, among them the fear of an oncoming recession that the International Monetary Fund (IMF) predicted to be of the same magnitude as The Great Depression.
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IMF intends to ban Pakistan from seeking more Chinese loans: Reports
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 6 (ANI): The International Monetary Fund (IMF) intends to ban Pakistan from borrowing more from China, according to reports.
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