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RBI announces auction of 63-Day Government of India Cash Management Bill
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 10 (ANI): The Reserve Bank of India (RBI) on Friday announced the auction of a 63-Day Government of India Cash Management Bill.
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SC asks Centre to look into PIL against RBI's decision on banknotes deface
Updated : 6 years, 2 months ago IST
Jammu and Kashmir [India], Jan 7 (ANI): The Supreme Court on Tuesday asked the Centre to look into public interest litigation (PIL) against Reserve Bank of India's (RBI) decision to exchange Rs 30 crores worth of banknotes which were defaced by separatist groups in Kashmir in 2013.
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RBI launches 'MANI' app to help visually challenged persons to identify de
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 1 (ANI): The Reserve Bank of India (RBI) Governor Shaktikanta Das here on Wednesday launched a mobile application called 'Mobile Aided Note Identifier' (MANI) to aid visually challenged persons in identifying the denomination of currency notes.
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RBI issues draft norms on prudential exposure limits for cooperative banks
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 30 (ANI): The Reserve Bank of India (RBI) on Monday released a draft circular on limits on exposure to single and group borrowers and revision in priority sector lending targets for urban cooperative banks (UCBs).
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Youth who supported Shah, Modi now worried due to surging prices: Mallikar
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 28 (ANI): Congress leader Mallikarjun Kharge on Saturday said that the people who used to support Prime Minister Narendra Modi and Home Minister Amit Shah are now "worried" due to surging prices and the deteriorating economic situation.
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India's financial system remains stable despite weak growth but risks pers
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 27 (ANI): India's financial system remains stable notwithstanding weakening domestic growth, said the Reserve Bank of India (RBI) while releasing December 2019 Financial Stability Report (FSR) here on Friday.
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India's financial system stable despite weakening domestic growth: RBI
Updated : 6 years, 2 months ago IST
New Delhi [India], Dec 27 (ANI): The Reserve Bank of India (RBI) on Friday released the Financial Stability Report, which states that the financial system of the country is stable.
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PMC Bank rearrangement of scheme by RBI by Jan-end: BJP delegation
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 25 (ANI): The Reserve Bank of India (RBI) assured a delegation of BJP leaders that a rearrangement of scheme for the revival of troubled Punjab and Maharashtra Cooperative Bank (PMC Bank) will be ready by January-end.
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BoB shares slide by 2.9 pc after reports of under-reported bad loans
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 18 (ANI): Shares of government-owned Bank of Baroda (BoB) fell by 2.93 per cent on Wednesday morning after the Reserve Bank of India (RBI) found that it had under-reported bad loans by Rs 5,250 crore in the financial year 2018-19.
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NEFT transaction facility available 24x7, says RBI
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 16 (ANI): A bank account holder can now transfer any value of money online anytime with the Reserve Bank of India (RBI) allowing the National Electronic Funds Transfer (NEFT) facility available for 24 hours a day throughout the year starting Monday.
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PMC Bank depositors detained while protesting outside CM Thackeray's house
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 15 (ANI): Some of the depositors of the Punjab and Maharashtra Co-operative (PMC) Bank were detained by Mumbai Police on Sunday after they protested outside Matoshree, the residence of Chief Minister Uddhav Thackeray.
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RBI taking necessary actions to provide relief to customers: Anurag Thakur
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 15 (ANI): Commenting on the ongoing protests by the account holders of the Punjab and Maharashtra Cooperative (PMC) Bank, Minister of State (MoS) for Finance Anurag Singh Thakur on Sunday said that the Reserve Bank Of India (RBI) is taking requisite steps to
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