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RBI alleviating liquidity stress to offset COVID-19 impact on economy
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): The Reserve Bank of India (RBI) has cut the repo rate by 250 basis points since February 2019 to alleviate liquidity stress and provide financial stability in the economy, said Governor Shaktikanta Das on Saturday.
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RBI Guv to deliver keynote address at 7th SBI Banking and Economic Conclav
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 10 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das will deliver the keynote address at the 7th SBI Banking and Economic Conclave tomorrow, July 11.
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Vikas Dubey encounter: Condition of 3 injured police personnel now stable
Updated : 5 years, 8 months ago IST
Kanpur (Uttar Pradesh) [India], July 10 (ANI): The condition of three police personnel, injured in an encounter with the Kanpur encounter accused Vikas Dubey, is now stable, said Dr RB Kamal, Principal, LLR Hospital, Kanpur on Friday.
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PNB reports Rs 3,689 crore exposure to DHFL as fraud
Updated : 5 years, 8 months ago IST
New Delhi [India], July 10 (ANI): Government-owned Punjab National Bank (PNB) has reported a fraud of Rs 3,688.58 crore in the non-performing asset (NPA) account of non-banking financial company Dewan Housing Finance Ltd (DHFL) which is in bankruptcy proceedings.
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RIL, bp launch fuels, mobility joint venture
Updated : 5 years, 8 months ago IST
New Delhi [India], July 9 (ANI): Reliance Industries Limited (RIL) and bp on Thursday announced the start of their new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML).
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Yes Bank's Rs 15,000 crore FPO to open on July 15
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 9 (ANI): Private sector lender Yes Bank said on Thursday it has filed documents for its follow-on public offer (FPO) to raise Rs 15,000 crore in a bid to strengthening its balance sheet.
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Hee-chan Hwang signs 5-year contract with RB Leipzig
Updated : 5 years, 8 months ago IST
Leipzig [Germany], July 8 (ANI): RB Leipzig on Wednesday announced that Hee-chan Hwang has signed a five-year contract with the club.
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AICF secretary Chauhan lashes out at Raja after chief selector's resignati
Updated : 5 years, 8 months ago IST
New Delhi [India], July 8 (ANI): Bharat Singh Chauhan, the secretary of All India Chess Federation (AICF) has lashed out at PR Venketrama Raja for alleging that he prompted the resignation of chief selector R B Ramesh.
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RBI announces scheme for improving liquidity position of NBFC, HFCs
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 1 (ANI): The Reserve Bank of India (RBI) on Wednesday said the Centre has approved a scheme to improve the liquidity position of non-banking finance companies (NBFCs) and Housing Finance Companies (HFCs) through a Special Purpose Vehicle (SPV) to avoid any
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RBI releases India's International Investment Position data
Updated : 5 years, 8 months ago IST
New Delhi [India], June 30 (ANI): The Reserve Bank of India (RBI) on Tuesday released data relating to India's International Investment Position as it stood at the end of March 2020.
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India's foreign exchange reserves increased by USD 59.5 billion during 201
Updated : 5 years, 8 months ago IST
New Delhi [India], June 30 (ANI): The country's foreign exchange reserves increased by USD 59.5 billion during 2019-20, on a balance of payments basis (excluding valuation effects), the Reserve Bank of India said on Tuesday.
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India's current account balance records marginal surplus during Q4 of 2019
Updated : 5 years, 8 months ago IST
New Delhi [India], June 30 (ANI): India's current account balance (CAB) has recorded a marginal surplus of USD 0.6 billion, which is 0.1 per cent of GDP, in the fourth quarter i.e. January-March 2020, the Reserve Bank of India (RBI) said on Tuesday.
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