Search For "rb"
Markets monitor RBI MPC meet; rupee downtrend likely to continue
Updated : 3 years, 5 months ago IST
New Delhi [India], September 25 (ANI): Markets fell for a second consecutive week while rupee's decline versus dollar put pressure to reverse the positive flows into the domestic market for two months. US Federal Reserve's hiked rates and a tighter monetary policy across central banks across
Read More
India's forex reserves hit near 2-year low
Updated : 3 years, 6 months ago IST
Mumbai [India], September 23 (ANI): India's foreign exchange reserves declined for a seventh straight week, touching $545.652 billion in the week ending September 16, Reserve Bank of India's data showed on Friday.
Read More
M&M Finance tanks 14 per cent as RBI bars it from using third-party re
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 23 (ANI): The share price of Mahindra & Mahindra Financial Services Limited crashed by more than 14 per cent on Friday a day after the Reserve Bank of India (RBI) barred it from using third-party recovery agents.
Read More
RBI bars Mahindra Finance from using third-party recovery agents
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 22 (ANI): The Reserve Bank of India (RBI) on Thursday said it has barred Mahindra & Mahindra Financial Services from using third-party recovery agents.
Read More
RBI cancels the licence of Maharashtra-based Laxmi Co-operative Bank
Updated : 3 years, 6 months ago IST
New Delhi [India], September 22 (ANI): The Reserve Bank of India on Thursday cancelled the licence of Maharashtra-based Laxmi Co-operative Bank on the basis of weak financials. The central bank also mentioned that the bank consequently ceases to carry on banking business, with effect from Th
Read More
RBI cancels licence of Laxmi Co-operative Bank, Solapur
Updated : 3 years, 6 months ago IST
New Delhi [India], September 22 (ANI): The Reserve Bank of India (RBI) on Thursday said it has cancelled the licence of The Laxmi Co-operative Bank Limited, Solapur, Maharashtra.
Read More
2002 Gujarat riots: SIT files charge sheet against Teesta Setalvad, two ot
Updated : 3 years, 6 months ago IST
Ahmedabad (Gujarat) [India], September 22 (ANI): A special investigation team (SIT) on Wednesday filed a charge sheet against activist Teesta Setalvad, retired Director General of Police RB Sreekumar and former IPS officer Sanjeev Bhatt in a case of alleged "fabrication of evidence" in co
Read More
RBI lifts prompt corrective action restrictions on Central Bank of India
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 21 (ANI): The Reserve Bank of India has removed the Central Bank of India from the Prompt Corrective Action (PCA) framework after it found the bank was not in breach of any parameters.
Read More
Fintech system in India has evolved, poised for giant leap: Shaktikanta Da
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 20 (ANI): Reserve Bank of India Governor Shaktikanta Das has said the fintech system in India has evolved and is poised for a giant leap.
Read More
RBI committed to support innovation in fintech: Shaktikanta Das
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 20 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday the central bank is committed to support innovation in fintech sector while keeping in mind consumer protection.
Read More
Tata Capital Home Balance Transfers, What you need to know
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 20 (ANI/BusinessWire India): Tata Capital's Home Loan offering, popular for its low interest rates and simple application process, also provides a seamless home balance transfer process. You can now move your home loans from other financial institutes
Read More
Morgan Stanley expects 50 bps repo rate hike in next RBI policy meet
Updated : 3 years, 6 months ago IST
New Delhi [India], September 19 (ANI): Faced with sticky inflation and a continued hawkish stance by various central banks, the Reserve Bank of India is likely to raise repo rates by another 50 basis points with an unchanged policy stance when it meets for the next monetary review, global in
Read More