Search For "monetary"
Sensex surges 400 pts ahead of RBI policy
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 05 (ANI): Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50, ahead of the announcement by Reserve Bank of India's (RBI) Monetary Policy Committee (MPC), later in the
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RBI should follow balanced approach in MPC meet, says FICCI
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 03 (ANI): Apex business organisation, FICCI, on Tuesday urged the Reserve Bank of India (RBI) to take a balanced approach in the upcoming meeting of the Monetary Policy Committee (MPC).
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RBI imposes monetary penalty worth Rs 58.9 crore on ICICI Bank
Updated : 7 years, 11 months ago IST
New Delhi [India], Mar 29 (ANI): In a rare move, The Reserve Bank of India (RBI) on Thursday imposed monetary penalty worth Rs. 58.9 crore on ICICI Bank, the country's biggest private bank, for failing to abide by rules on the sale of bonds in the held-to-maturity (HTM) category.
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Pak's balance of payments worsens, likely to approach IMF next month
Updated : 7 years, 11 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
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RBI slaps SBI with monetary penalty
Updated : 8 years 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.
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Will give monetary equivalent of special status to AP: Jaitley
Updated : 8 years 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
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RBI imposes Rs.30 million-penalty on Axis Bank
Updated : 8 years 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.
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RBI charges fine on IOB over non-compliance with KYC norms
Updated : 8 years 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.
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RBI introduces Ombudsman Scheme for NBFCs
Updated : 8 years 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).
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PNB scam: CVC asks PNB, Fin Min for report
Updated : 8 years 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.
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Cryptocurrency regulation inevitable, claims IMF Chief
Updated : 8 years, 1 month 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".
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Closing bell: Sensex ends 113.23 pts lower, Nifty at 10,476.70
Updated : 8 years, 1 month 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.
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