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RBI advises banks to allocate higher provisioning for 12 stressed accounts
Updated : 8 years, 6 months ago IST
New Delhi [India], June 27 (ANI): The Reserve Bank of India (RBI) on Tuesday issued an advisory letter to banks asking them to incorporate additional provisioning on the 12 loan accounts to be referred to the NCLT (National Company Law Tribunal) under the Insolvency and Bankruptcy Code (IBC)
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Banks, POs given 30 days to exchange demonetised notes at RBI
Updated : 8 years, 6 months ago IST
New Delhi [India], June 21 (ANI): The government on Wednesday issued a notice permitting banks and post offices to exchange old currency notes worth Rs 500 and Rs 1000 with the Reserve Bank of India (RBI) within the next 30 days, provided these notes were collected by December 30, 2016.
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Banks, post offices to deposit scrapped Rs. 500, Rs. 1,000 notes to RBI by
Updated : 8 years, 6 months ago IST
New Delhi [India], June 21 (ANI): The government has asked banks and post offices to deposit demonetised notes of Rs.500 and Rs.1000 to the Reserve Bank of India (RBI) by July 20.
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RBI issues new Rs.500 bank notes with inset letter 'A'
Updated : 8 years, 6 months ago IST
Mumbai [India], June 13 (ANI): The Reserve Bank of India (RBI) announced on Tuesday that it has issued Rs.500 bank notes with inset letter 'A'.
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Lakshmi Vilas Bank appoints B K Manjunath as part-time chairman
Updated : 8 years, 6 months ago IST
New Delhi [India], June 8 (ANI): Lakshmi Vilas Bank on Thursday informed the stock exchange that subsequent to approval granted by the Reserve Bank of India (RBI), the Board of Directors of the bank at their meeting have co-opted B K Manjunath as additional director in the category of Non- E
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MPC holds rates; low inflation in April reason for status quo: RBI
Updated : 8 years, 6 months ago IST
New Delhi [India], June 7 (ANI): The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), headed by Governor Urjit Patel kept the repo rate unchanged at 6.25 percent after its second bimonthly review of this financial year here today.
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RBI keeps repo rate unchanged at 6.25 pct
Updated : 8 years, 6 months ago IST
New Delhi [India], June 7 (ANI): The Reserve Bank (RBI) of India in its Second Bi-monthly Monetary Policy on Wednesday kept its repo rate unchanged at 6.25 percent and reverse repo rate unchanged at six percent respectively.
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RBI to keep policy rates unchanged: Economists
Updated : 8 years, 6 months ago IST
New Delhi [India], June 7 (ANI): With the Reserve Bank of India (RBI) announcing its second bi-monthly monetary policy review today, the economists have said that there would be no change to interest rates, adding that the apex body would adopt a wait and watch policy to see how inflation tr
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RBI imposes Rs. 5 lakh penalty on Jalore Nagrik Sahakari Bank
Updated : 8 years, 6 months ago IST
New Delhi [India], June 5 (ANI): The Reserve Bank of India (RBI) on Monday imposed a monetary penalty of Rs. five lakh on the Jalore Nagrik Sahakari Bank Ltd. on account of violation of the bank's guidelines.
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RBI appoints S. Ganesh Kumar as New Executive Director
Updated : 8 years, 6 months ago IST
New Delhi [India], June 1 (ANI): The Reserve Bank of India on Thursday announced appointment of S. Ganesh Kumar as Executive Director (ED).
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RBI to issue Re. one denomination currency notes
Updated : 8 years, 6 months ago IST
New Delhi [India], May 30 (ANI): The Reserve Bank of India (RBI) on Tuesday announced the introduction of currency notes in one rupee denomination, printed by the Government of India.
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RBI to conduct Variable Rate Reverse Repo Auctions today
Updated : 8 years, 6 months ago IST
Mumbai [India], May 11 (ANI): The Reserve Bank of India (RBI) will conduct 7 day, 14 day and 28 day variable rate reverse repo auctions under LAF on Thursday.
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