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RBI, SEBI closely monitoring financial markets
Updated : 7 years, 5 months ago IST
New Delhi [India], Sep 24 (ANI): The Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) are closely monitoring recent developments in financial markets and are ready to take appropriate actions, if necessary, RBI's Chief General Manager, Jose J Kattoor, said on
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Bajaj Finserv RBL Bank SuperCard allows to convert cash limit into a perso
Updated : 7 years, 5 months ago IST
New Delhi [India], Sep 22 (ANI-BusinessWireIndia): Bajaj Finance Ltd., the lending arm of Bajaj Finserv has announced offering multi-feature credit cards in collaboration with one of the leading banks in India, RBL Bank Ltd.
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'Merger of banks will make them commercially successful'
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 18 (ANI): Principal Economic Advisor to the Ministry of Finance, Sanjeev Sanyal, said that the decision to merge three Public Sector Banks, namely, Vijaya Bank, Dena Bank, and the Bank of Baroda will make them commercially successful.
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Govt. announces 5 measures to tackle higher current account deficit
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 14 (ANI): Finance Minister Arun Jaitley on Friday said that a broad policy decision has been taken to address the issue of expanding CAD (Current Account Deficit) under which the government will take necessary steps to cut down non-essential imports and also increas
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Smriti Irani corners Congress for NPA crisis, National Herald scam
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 11 (ANI): Union Textiles Minister Smriti Irani on Tuesday launched a scathing attack on the Congress over former Reserve Bank of India (RBI) governor Raghuram Rajan's remarks that most bad loans that account for Indian banks' Non Performing Assets (NPA) originated duri
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Bajaj Finserv RBL Bank supercard offers interest-free cash withdrawal
Updated : 7 years, 6 months ago IST
Pune [India], Sep 11 (ANI-BusinessWireIndia): Taking its customer experiences to another level, Bajaj Finance Ltd., the lending arm of Bajaj Finserv, is offering Interest-free cash withdrawal in its exclusive SuperCard series.
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RBI approves Amitabh Chaudhry's appointment as Axis Bank CEO
Updated : 7 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 10 (ANI): The Reserve Bank of India (RBI) on Monday approved the appointment of Amitabh Chaudhry as the new Managing Director and CEO of Axis Bank for a period of three years, starting January next year.
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RBI tweaks norms for defective note change
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 08 (ANI): The Reserve Bank of India (RBI) has amended norms for exchange of mutilated, old or defective currency notes which were introduced as a part of the Mahatma Gandhi New Series.
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3 banks fined by RBI for delay in fraud detection
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 08 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore each on the Union Bank of India, Bank of India and Bank of Maharashtra for failing to detect and report fraud in certain accounts on time.
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i2iFunding receives NBFC-P2P certification from RBI
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 6 (ANI): India's second largest peer-to-peer lending platform, i2ifunding.com on Thursday announced receiving of Certificate of Registration (CoR) as NBFC-Peer to Peer Lending Platform (NBFC-P2P) from Reserve Bank of India (RBI).
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Niti Aayog VC's remark against Raghuram Rajan laughable: Congress
Updated : 7 years, 6 months ago IST
New Delhi [India] Sept 4 (ANI): The Congress has criticised NITI Aayog Vice Chairman Rajiv Kumar for blaming former Reserve Bank of India (RBI) governor Raghuram Rajan for the slowdown in country's economy.
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My views on GDP's decline were fact-based: Rajiv Kumar
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 3 (ANI): Discussion is on policies, not people, said NITI Aayog vice-chairman Rajiv Kumar on Monday, clarifying his views on the GDP decline that took place in six successive quarters, starting from the last quarter 2015-16.
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