Search For "rb"
RBI imposes monetary penalty on Bassein Catholic Co-operative Bank
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 49 lakh on Bassein Catholic Co-operative Bank Ltd, Vasai for non-compliance with its directions.
Read More
No proposal to replace Mahatma Gandhi's picture on banknotes: RBI
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): The Reserve Bank of India (RBI) on Monday clarified that it has no proposal to replace the father of the nation Mahatma Gandhi's picture on currency notes.
Read More
RBI likely to hike policy repo rate by 0.40 per cent next week
Updated : 3 years, 9 months ago IST
New Delhi [India], June 4 (ANI): Amid inflationary pressure in the economy, the Reserve Bank of India is likely to raise the policy repo rate by 40 basis points next week and hike it further by 0.35 per cent in August taking it to the pre-pandemic level of 5.15 per cent, according to economi
Read More
India's forex reserves rise above USD 600 billion mark again
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): India's foreign exchange (forex) reserves for the week ended May 27 rose by USD 3.854 billion to USD 601.363 billion led by a sharp increase in the country's foreign currency assets, the Reserve Bank of India (RBI) data showed.
Read More
Reliance Brands inks JV with Plastic Legno to boost toy manufacturing in I
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 1 (ANI): Reliance Brands Limited (RBL) said on Wednesday it has signed a joint venture (JV) agreement with Plastic Legno through which it will acquire a 40 per cent stake in Italian firm's toy manufacturing business in India.
Read More
INR 1000 Crore worth Skill Loans announced by SATYA MicroCapital Ltd. in a
Updated : 3 years, 9 months ago IST
New Delhi [India], May 30 (ANI/NewsVoir): SATYA MicroCapital Ltd., one of the leading RBI registered NBFC-MFIs in the country, announced their collaboration with National Skill Development Corporation (NSDC) for providing financial support to the students enrolled with NSDC's network of trai
Read More
Cyril Amarchand Mangaldas advises in relation to USD 100 mn Tier 2 Capital
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra)/ New Delhi [India], May 30 (ANI/NewsVoir): Cyril Amarchand Mangaldas acted as the legal counsel to United States International Development Finance Corporation (DFC) in relation to USD 100 million Basel III compliant note issued by RBL Bank to DFC, for augmenting its Tier
Read More
RBI to adopt graded approach to introduction of digital currency
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 28 (ANI): The Reserve Bank of India (RBI) proposes to adopt a graded approach for the introduction of digital currency in the country, according to the RBI's annual report for FY 2021-22.
Read More
After 10 straight weekly fall, India's forex reserves rise by USD 4.23 bil
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 28 (ANI): Snapping 10 consecutive weeks of decline, India's foreign exchange (forex) reserves rose by USD 4.23 billion to USD 597.509 billion for the week ended May 20, the Reserve Bank of India (RBI) data showed.
Read More
DeFi coins to give life to your portfolio - Decentraland (MANA), Uniswap (
Updated : 3 years, 9 months ago IST
New Delhi [India], May 28 (ANI/ATK): Cryptocurrency and Web 3.0 have several goals, one of which is decentralization. Decentralized Finance (DeFi) and Decentralized Autonomous Organizations (DAO) are systems that cryptocurrencies have integrated to ensure that power remains in the hands o
Read More
RBI to adopt graded approach to introduce digital currency
Updated : 3 years, 9 months ago IST
New Delhi [India], May 28 (ANI): The Reserve Bank of India (RBI) on Friday said that it is proposing to adopt a graded approach to the introduction of Central Bank Digital Currency (CBDC) in conformity with the objectives of monetary policy, financial stability and efficient operations of cu
Read More
Addressing supply-side bottlenecks, capital spending key to improve GDP gr
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 27 (ANI): India's economic growth recovery has lost some momentum due to the Russia-Ukraine conflict and performance in the near future will depend on the reform measures like addressing the supply-side bottlenecks to control inflation and capital spending,
Read More