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Equity indices flat amid volatility ahead of RBI's first Monetary Policy C
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): Equity indices opened flat on Friday amid the volatility ahead of the policy outcome of the Reserve Bank of India's (RBI) first Monetary Policy Committee meeting this fiscal year.
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RBI releases guidelines on establishment of Digital Banking Units
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 7 (ANI): The Reserve Bank of India (RBI) on Thursday issued guidelines for the establishment of 'Digital Banking Units' as announced in the Union Budget 2022-23 by Finance Minister Nirmala Sitharaman earlier this year.
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Jio-bp and TVS Motor Company to collaborate on EV solutions
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 5 (ANI/NewsVoir): Jio-bp and TVS Motor Company today announced that they have agreed to explore the creation of a robust public EV charging infrastructure for electric two-wheelers and three-wheelers in the country, building on Jio-bp's growing network in
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National Institute of Bank Management and TalentSprint join forces to crea
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 5 (ANI/BusinessWire India): TalentSprint, a global edtech company and a market leader in transformational deeptech programmes, and the National Institute of Bank Management (NIBM), an autonomous Apex Institute established by the Reserve Bank of India (RBI)
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India's forex reserves dip 3rd straight week; fall by $2.03 billion
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 2 (ANI): India's foreign exchange (forex) reserves dipped by $2.03 billion in the week ended March 25, recording a sharp drop for the third consecutive week, as the Reserve Bank of India (RBI) intervened in the currency markets by way of dollar sales to pr
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India's current account deficit rises to USD 23 billion in Q3 of 2021-22
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], March 31 (ANI): India's current account deficit (CAD) surged to USD 23 billion in the third quarter of 2021-22 from USD 9.9 billion in the previous quarter and USD 2.2 billion recorded in October-December 2020 period, the Reserve Bank of India (RBI) data showed
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CASHe announces appointment of Naresh Karia to board of directors
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], March 30 (ANI/NewsVoir): CASHe, India's preferred AI-driven financial wellness platform today announced the appointment of Naresh Karia as its Non-Executive Non-Independent Director, of its systematically important NBFC arm.
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India's forex reserves slump by another $2.59 billion
Updated : 3 years, 12 months ago IST
Mumbai (Maharashtra) [India], March 26 (ANI): India's foreign exchange (forex) reserves dipped by $2.59 billion in the week ended March 18, recording a sharp drop for the second consecutive week as the Reserve Bank of India (RBI) heavily sold dollars to prevent slide in the value of rupee
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RBI cancels license of Kanpur-based People's Co-operative Bank
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 21 (ANI): The Reserve Bank of India (RBI) on Monday said it has cancelled the license of Kanpur-based People's Co-operative Bank Limited as the bank does not have adequate capital and earning prospects.
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COVID-related relief measures have sunset date: RBI Governor
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 21 (ANI): All COVID-related liquidity relief measures extended by the central bank have come with a sunset date and would be withdrawn in due course, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday.
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India's forex reserves dip by $9.64 billion, the biggest drop in 2 years
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 19 (ANI): India's foreign exchange (forex) reserves declined by $9.646 billion to $622.275 billion in the week ended March 11, the sharpest decline in nearly two years, as the Reserve Bank of India (RBI) heavily sold dollars to prevent the slide in the val
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New proof of financial support solution adds trust and efficiency for Indi
Updated : 4 years ago IST
Gurugram (Haryana) [India], March 15 (ANI/NewsVoir): ApplyBoard, the global education technology platform revolutionizing the international student journey, and Royal Bank of Canada (RBC), one of Canada's largest financial institutions, today announced a joint Proof of Financial Support solu
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