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SC reserves order on contempt pleas against RBI for not disclosing informa
Updated : 6 years, 11 months ago IST
New Delhi [India], April 2 (ANI): The Supreme Court on Tuesday reserved its order on two contempt petitions filed against Reserve Bank of India (RBI) for not complying with the apex court's direction to disclose information under the Right to Information (RTI) Act.
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RBI meeting on lending rate from April 2 to 4
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 1 (ANI): The six-member Monetary Policy Committee (MPC) headed by Reserve Bank of India Governor Shaktikanta Das will begin its three-day meeting from Tuesday as industry leaders demand that lending rate is cut by another 25 basis points to stimulate grow
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Have consulted eminent economist including Raghuram Rajan for NYAY scheme
Updated : 6 years, 11 months ago IST
Jaipur (Rajasthan) [India], March 26 (ANI): Congress president Rahul Gandhi on Tuesday said that the Congress had consulted eminent economists including former RBI governor Raghuram Rajan, before it came up with the minimum guaranteed income scheme , which ensures that nobody in the country
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RBI fines PNB for deficiencies in regulatory compliance
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 26 (ANI): The Reserve Bank of India (RBI) has imposed a penalty of Rs 2 crore on public sector Punjab National Bank (PNB) for non-compliance of regulatory directions with regard to SWIFT operations.
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RBI Governor meets Finance Minister Jaitley ahead of monetary policy meeti
Updated : 6 years, 11 months ago IST
New Delhi [India], Mar 25 (ANI): A week before the financial year 2018-19 comes to a close, Reserve Bank of India (RBI) Governor Shaktikanta Das met Finance Minister Arun Jaitley to get a brief on the overall economy.
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RBI working on regulatory guidelines for Fin-Tech companies
Updated : 6 years, 11 months ago IST
New Delhi [India], Mar 25 (ANI): The Reserve Bank of India (RBI) will set up a regulatory sandbox to benefit financial technology (Fin-Tech) companies by way of reduced time to launch innovative products at a lower cost, Governor Shaktikanta Das said on Monday.
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Bajaj Finserv RBL Bank Supercard reaches the milestone of 1 million
Updated : 6 years, 12 months ago IST
Pune (Maharashtra) [India], March 19 (ANI/BusinessWireIndia): Bajaj Finance Ltd., one of the most diversified NBFCs in India & RBL Bank, one of India's fastest growing private sector banks, today jointly announced that the Bajaj Finserv RBL Bank SuperCard has reached one million milestone ma
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BJP forced RBI to support demonetisation, says Cong leader Jairam Ramesh
Updated : 7 years ago IST
Bengaluru (Karnataka) [India], Mar 11 (ANI): The BJP government at the Centre had forced the Reserve Bank of India (RBI) to support demonetisation, said Congress leader and former Union Minister Jairam Ramesh here on Monday.
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Linking bank deposit rates with repo rates to speed up transmission proces
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], Mar 9 (ANI): State Bank of India (SBI) Chairman Rajnish Kumar said on Saturday that the country's biggest lender will link its rates of bank deposits for Rs 1 lakh and above with Reserve Bank of India's repo rate.
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Yes Bank fined for non-compliance in Swift operations
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], Mar 5 (ANI): The Reserve Bank of India (RBI) has imposed a fine of Rs 1 crore on Yes Bank for non-compliance of directions on Swift messaging software.
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Company Fixed Deposits: To perform better than Bank Fixed Deposits in 2019
Updated : 7 years ago IST
Pune (Maharashtra) [India] March 5 (ANI): The year 2018 witnessed all developed economies hiking their interest rates. The US Fed hiked it four times, whereas Reserve Bank of India (RBI) increased its policy rates twice. Bank deposit rates have moved in tandem to this increase. Whil
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Cabinet approves Rs 1,450 crore for RBI's share capital in National Housin
Updated : 7 years ago IST
New Delhi [India], Feb 28 (ANI): The Union Cabinet on Thursday approved payment of the face value of the subscribed share capital of Rs 1,450 crore in National Housing Bank (NHB) to Reserve Bank of India (RBl) consequent to amendments made to the NHB Act, 1987 in 2018.
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