Search For "rb"
IDBI Bank on RBI's radar for bad loans
Updated : 8 years, 6 months ago IST
New Delhi [India], May 10 (ANI): The Reserve Bank of India (RBI) on Wednesday invoked prompt corrective action (PCA) on government-owned IDBI Bank due to its bad loans and return on assets (ROA).
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Empowering RBI to act against NPAs decisive: SBI chairman
Updated : 8 years, 6 months ago IST
New Delhi [India], May 5 (ANI): State Bank of India Chairman Arundhati Bhattacharya on Friday said the country and its banking system need to move quickly and decisively to take benefits from enabling provisions.
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Govt. empowerment of RBI to deal with stressed assets was necessary: Jaitl
Updated : 8 years, 6 months ago IST
New Delhi [India], May 5 (ANI): Union Finance Minister Arun Jaitley on Friday said that it was necessary to empower the Reserve Bank of India (RBI) in relation to specific stressed assets, since it was doubtful that whether the language of Section 35 A of the Banking Regulations Act covered
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Centre notifies new Banking Regulation Act
Updated : 8 years, 6 months ago IST
New Delhi [India], May 5 (ANI): The Narendra Modi-led government on Friday notified the ordinance to amend the Banking Regulation Act, empowering the Reserve Bank of India (RBI) and banks to initiate bankruptcy proceedings against chronic defaulters.
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Army Chief assures Bhutan of continued support
Updated : 8 years, 6 months ago IST
Thimpu (Bhutan) [India], Apr 28 (ANI): Army Chief General Bipin Rawat, who is on a goodwill visit to Bhutan from April 27 to 30 today said that the Indian Army would continue with its special relationship with the Royal Bhutan Army (RBA) in terms of training assistance and support in capabil
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RBI penalises two authorised dealer banks over violation of instructions
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 26 (ANI): The Reserve Bank of India (RBI) on Wednesday imposed monetary penalty on the Hongkong and Shanghai Banking Corporation Ltd. and the Kotak Mahindra Bank for violation of instructions on reporting requirements of FEMA 1999.
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RBI caution list of concern to textiles exporters: Texprocil Chairman
Updated : 8 years, 6 months ago IST
Mumbai [India], April 21 (ANI-Businesswire India): The EDPMS (Export Data Processing and Monitoring System) which has been introduced by the Reserve Bank of India (RBI) to monitor payments against export bills requires all banks to report in this system details of the export proceeds realiza
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RBI, Bank of Guyana sign MoU for supervisory exchange of information
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 20 (ANI): The Reserve Bank of India (RBI) on Thursday announced signing of an MoU with the Bank of Guyana on "Supervisory Cooperation and Exchange of Supervisory Information".
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RBI's tightening of prompt corrective action framework positive for b
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 19 (ANI): According to credit rating agency ICRA, the Reserve Bank of India's (RBI)'s revision in the prompt corrective action (PCA) framework for the banks is a positive and a welcome step, given the operating and financial profile of some of the banks.
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What is Aplastic Anaemia?
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr. 14 (ANI): Ever wonder what would happen, if vital blood components like white blood cells (WBCs), red blood cells (RBCs) andplatelets are deficient in your body?
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RBI imposes monetary penalty on Shriram City Union Finance Ltd
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr. 11 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs. 20 lakh on M/s Shriram City Union Finance Ltd.
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CBI slams Postal officials over violation of RBI guidelines
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr. 8 (ANI): The Central Bureau of Investigation (CBI) on Saturday registered a case against two officials of the Postal Department on account of undertaking fraudulent transactions.
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