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RBI cuts repo rate by 25 basis points, first cut since Aug 2017
Updated : 7 years, 1 month ago IST
Mumbai, Feb 7 (ANI): The Reserve Bank of India (RBI) reduced repo rate by 25 basis points to 6.25 per cent on Thursday in a bid to boost lending and fuel growth before the general elections due to April.
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Markets open on cautious note ahead of RBI policy
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): Stock markets opened on a cautious note on Thursday as the Reserve Bank of India (RBI) prepared to announce its decision on repo rate.
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Cabinet approves establishment of unified authority for regulating IFSC
Updated : 7 years, 1 month ago IST
New Delhi [India], Feb 7 (ANI): The central government on Wednesday approved an establishment of a unified authority for regulating all financial services in International Financial Services Centres (IFSCs) in India through International Financial Services Centres Authority Bill, 2019. Read More
Equities surge in afternoon trading, Sensex closes 358 points higher
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 6 (ANI): Key benchmarks Sensex and Nifty surged by nearly 1 per cent on Wednesday and ended higher for fifth consecutive session with optimism over the possibility of a rate cut by Reserve Bank of India (RBI).
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Markets rebound in afternoon trade, Sensex closes at 36,616
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 5 (ANI): Scrips rebounded in afternoon trading on Tuesday after dipping marginally as investors remained cautious ahead of the Reserve Bank of India's monetary policy meet due from February 5 to 7.
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Courts, RBI, Niti Aayog, CBI have lost their prestige in past few years: S
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 5 (ANI): In another attack on the Prime Minister Narendra Modi-led government, Shiv Sena on Tuesday said that with the Centre taking control of various institutions in the county, the courts, Reserve Bank of India (RBI), the Niti Aayog and Central Bureau
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Reliance, HDFC lift Sensex, Nifty ahead of RBI meet
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 4 (ANI): Stock markets closed marginally higher on Monday with index heavyweights Reliance Industries and Housing Development and Finance Corporation (HDFC) gaining substantially.
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Reliance, HDFC lift Sensex, Nifty ahead of RBI meet
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 4 (ANI): Stock markets closed marginally higher on Monday with index heavyweights Reliance Industries and Housing Development and Finance Corporation (HDFC) gaining substantially.
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RBI monetary policy meeting on February 7
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 4 (ANI): The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting will be held from February 5 to 7, the central bank said in a statement on Monday.
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Lendbox receives NBFC - peer-to-peer (P2P) certification from RBI
Updated : 7 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI)[NewsVoir]: Delhi based P2P Lending platform, Lendbox has received its NBFC - Peer-to-Peer (P2P) certification from the RBI. NBFC-P2P is a new class of NBFCs, for non-banking institutions which carry on the business of Peer to Peer Lending in adherence to the
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RBI exempts BoI, BoM, OBC from PCAF
Updated : 7 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): The Reserve Bank of India has exempted Bank of India, Bank of Maharashtra and Oriental Bank of Commerce from PCAF (Prompt Corrective Action Framework) following improvements in their capital position and asset quality in the December 2018 quarter, said an o
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Centre assures full support to PSBs to improve delivery services to farmer
Updated : 7 years, 1 month ago IST
New Delhi [India], Jan 28 (ANI): Pushing for financial inclusion, the Central government on Monday assured public sector banks (PSBs) its full support in their objective to improve delivery services to the farmers.
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