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India's forex reserves decline by $160 million to $635.66 billion
Updated : 4 years, 2 months ago IST
Mumbai [India], December 24 (ANI): India's foreign exchange (forex) reserves declined by 160 million to $635.66 billion due to a sharp drop in foreign currency assets, the Reserve Bank of India (RBI) data showed on Friday.
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Centre lists steps taken to improve flow of credit to MSME sector in RS
Updated : 4 years, 2 months ago IST
New Delhi [India], December 22 (ANI): Union Minister of State for Finance Dr Bhagwat Kisanrao Karad has said that the Centre has announced Emergency Credit Line Guarantee Scheme as part of the Aatma Nirbhar Bharat Package with the objective to help MSMEs and business enterprises to meet thei
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Reliance brands limited, Anamika Khanna to partner for avant-garde brand '
Updated : 4 years, 3 months ago IST
Mumbai (Maharashtra) [India], December 20 (ANI): Reliance Brands Limited (RBL) and Indian couturier Anamika Khanna have agreed to join hands for a 60:40 Joint Venture (either by itself or through its affiliates) for owning and developing the brand AK-OK, setting the foundation for a new outl
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RBI discussed issues relating to private cryptocurrencies at central board
Updated : 4 years, 3 months ago IST
New Delhi [India], December 18 (ANI): The Reserve Bank of India (RBI) is in favour of complete ban on private cryptocurrencies in India, people in the know of the matter told ANI.
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RBI Central Board reviews evolving economic challenges
Updated : 4 years, 3 months ago IST
Lucknow (Uttar Pradesh) [India], December 17 (ANI): Central Board of Directors of the Reserve Bank of India (RBI) met in Lucknow on Friday to review the evolving domestic and global economic situation.
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RBI lower currency limit for pilgrims visiting Gurudwara Darbar Sahib in K
Updated : 4 years, 3 months ago IST
New Delhi [India], December 16 (ANI): The Reserve Bank of India (RBI) on Wednesday permitted Indians as well as Overseas Citizens of India (OCI) cardholders going on pilgrimage to Gurdwara Darbar Sahib in Kartarpur, Pakistan through the Kartarpur Sahib Corridor to carry up to Rs 11,000.
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RBI imposes Rs.1.8 crore penalty on PNB
Updated : 4 years, 3 months ago IST
Mumbai (India), December 15 (ANI): The Reserve Bank of India (RBI) on Wednesday imposed Rs.1.8 crore monetary penalty on Punjab National Bank (PNB) for 'deficiencies in regulatory compliance'.
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RBI introduces prompt corrective action framework for NBFCs
Updated : 4 years, 3 months ago IST
Mumbai (India), December 14 (ANI): The Reserve Bank of India (RBI) on Tuesday issued the Prompt Corrective Action (PCA) framework for Non-Banking Financial Companies (NBFCs).
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Retail inflation rises to 4.91 per cent in November
Updated : 4 years, 3 months ago IST
New Delhi (India), December 13 (ANI): India's retail inflation rose to 4.91 per cent in November led by a surge in food and edible oil prices, the government data showed on Monday.
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Retail inflation rises to 4.91 per cent in November
Updated : 4 years, 3 months ago IST
New Delhi (India), December 13 (ANI): India's retail inflation rose to 4.91 per cent in November led by a surge in the prices of fruits and vegetables, the government data showed on Monday.
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RBI Governor cautions depositors to be careful while chasing high returns
Updated : 4 years, 3 months ago IST
New Delhi [India], December 12 (ANI): Reserve Bank of India Governor Shaktikanta Das on Sunday warned the depositors to be careful while chasing high returns as it comes with higher risk.
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India can become 'gross driver' of world economy if stakeholders in bankin
Updated : 4 years, 3 months ago IST
New Delhi [India], December 12 (ANI): Reserve Bank of India Governor Shaktikanta Das on Sunday said that the country can become a "gross driver" of the world economy if all stakeholders in the banking sector work together.
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