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RBI will take responsible steps to keep inflation in reasonable range: Eco
Updated : 3 years, 6 months ago IST
New Delhi [India], September 17 (ANI): The Reserve Bank of India's Monetary Policy Committee (MPC) will take responsible steps to keep inflation in a reasonable range, said Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister.
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India's forex reserves drop by $2.23 billion, hit lowest level in 2 years
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 17 (ANI): India's foreign exchange (forex) reserves dropped by $2.234 billion to $550.871 billion for the week ended September 9, the lowest level in two years, the Reserve Bank of India (RBI) data showed.
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SBI not a nodal bank for rupee trade with Russia, but just processing bank
Updated : 3 years, 6 months ago IST
New Delhi [India], September 16 (ANI): Banking major State Bank of India has clarified it is just making necessary arrangements and processing requests that were received from various banks, including Russian banks, for settlement of trade in rupees with proper RBI guidelines and other polic
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Retail inflation rises to 7 per cent in August on high food prices
Updated : 3 years, 6 months ago IST
New Delhi [India], September 12 (ANI): India's retail inflation rose to 7 per cent in August from 6.71 per cent in the previous month due to a sharp rise in food prices, as per the government data released on Monday.
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RBI imposes monetary penalty on Indiabulls Commercial Credit Limited
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 10 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 12.35 lakh on Indiabulls Commercial Credit Limited for non-compliance with certain KYC-related provisions.
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Lyra Network India receives in-principle approval from the Reserve Bank of
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 10 (ANI/PNN): Lyra Network Private Limited, a fintech and paytech solutions platform, has received approval from the Reserve Bank of India (RBI) for Payment Aggregator (PA) Authorization.
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India's forex reserves dip by $7.94 billion; hit the lowest level in 23 mo
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 10 (ANI): India's foreign exchange (forex) reserves slumped by $7.941 billion to $553.105 billion for the week ended September 2, the lowest level in almost two years, the Reserve Bank of India (RBI) data showed.
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Govt outlines multiple steps to prevent operations of illegal loan apps
Updated : 3 years, 6 months ago IST
New Delhi [India], September 9 (ANI): Union Finance Minister Nirmala Sitharaman, in a meeting with secretaries and top RBI officials, has outlined multiple steps to prevent operations of illegal loan apps that work outside the regular banking channels.
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RBI releases list of entities not authorised to deal in forex
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 7 (ANI): The Reserve Bank of India (RBI) on Wednesday released a list of entities that are not authorised to deal in forex and cautioned the general public not to undertake transactions on unauthorised platforms.
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US Fed comments infused "substantial" volatility in global markets: RBI Go
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 6 (ANI): The commentary from the US Federal Reserve at the recently-held Jackson Hole conference on the future trajectory of US monetary policy has infused substantial volatility into global financial markets, said the Reserve Bank of India (RBI) Gover
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India's forex reserves drop by $3 billion to $561 billion
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 3 (ANI): India's foreign exchange (forex) reserves fell by $3.007 billion to $561.046 billion for the week ended August 26 dragged by a slump in foreign currency assets, the Reserve Bank of India (RBI) data showed.
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Macron, Zelenskyy discuss IAEA mission to Zaporizhzhia NPP: Reports
Updated : 3 years, 6 months ago IST
Kyiv [Ukraine], August 30 (ANI/Sputnik): Ukrainian President Volodymyr Zelenskyy held an informal conversation with French President Emmanuel Macron on Monday night, during which the leaders discussed the International Atomic Energy Agency (IAEA) mission to the Zaporizhzhia nuclear power pla
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