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RBI may cut rates by 25 bps; all eyes on CPI target
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb 8 (ANI): The Reserve Bank of India is expected to slash its key rates by 25 basis points in its Monetary Policy meet here today.
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ASSOCHAM seeks RBI nudge to banks for full transmission of interest cuts,
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb 8 (ANI): As the Monetary Policy Committee of the Reserve Bank of India meets on February 7 and 8 for next bi-monthly credit policy, apex industry body ASSOCHAM has impressed upon the central bank and the Finance Ministry to ensure adequate transmission of cuts in the i
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Lok Sabha passes Specified Bank Notes Bill
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb. 7 (ANI): The Lok Sabha today passed the Specified Bank Notes (Cessation of Liabilities) Bill, 2017 which provides for holding, transfer and receiving of old 500 and 1000 rupee notes a criminal offence which bill seeks to end the liability of RBI and the government on
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TravelTriangle raises Series B funding of USD 10million
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb. 7 (ANI): TravelTriangle, a holiday marketplace, raised USD 10 million in series B funding from RB Investments. One of the most successful innovators in the online travel space, TravelTriangle's successful funding round saw participation from existing investors SA
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Just like RBI, Election Commission has also surrendered before Modi: Kejri
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb. 4 (ANI): Continuing his verbal assault on the Centre with polling underway in Goa and Punjab, Delhi Chief Minister Arvind Kejriwal on Saturday asserted that the Election Commission has "surrendered" before Prime Minister Narendra Modi.
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RBI proposes to waive off bank transactions charges and decrease interest
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb. 4 (ANI): In an attempt to promote cashless transactions in the country, Reserve Bank of India (RBI) has given banks the freedom to fix bank service charges for transactions, stated Santosh Kumar Gangwar, Minister of State in the Ministry of Finance, in Lok Sabha on Fr
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RBI could be shielding PM Modi's demonetisation fiasco: Congress
Updated : 8 years, 6 months ago IST
Lucknow (Uttar Pradesh), Feb. 02(ANI): In a scathing criticism of the Budget 2017, the Congress attacked the Bharatiya Janata Party (BJP) and the Reserve Bank of India (RBI) for their lack of accountability in the entire demonetisation episode.
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ECI issues advisory to parties, candidates to open current accounts
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb. 1 (ANI): After the Reserve Bank of India (RBI) decided to withdraw the limits imposed on cash withdrawals, The Election Commission of India (ECI) issued an advisory to all political parties and candidates contesting for assembly poll to open current accounts.
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BJP says 'I told you so' as RBI lifts ATM withdrawal limits
Updated : 8 years, 6 months ago IST
Chennai, (Tamil Nadu), [India], Jan. 31 (ANI): With the Reserve Bank of India (RBI) lifting restrictions on daily withdrawal from ATMs starting February 1, the Bharatiya Janata Party (BJP) on Tuesday said it had maintained right from the inception of demonetisation, that the situation across
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ECI set to ask candidates to open current accounts
Updated : 8 years, 6 months ago IST
New Delhi [India], Jan. 30 (ANI): After the Reserve Bank of India (RBI) decided to withdraw the limits imposed on cash withdrawals, the Election Commission of India (ECI) will most likely advise the electoral candidates contesting for assembly polls to open current accounts.
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RBI lifts limits on ATM cash withdrawals with effect from February 1
Updated : 8 years, 6 months ago IST
New Delhi [India], Jan. 30 (ANI): In a welcome move, the Reserve Bank of India (RBI) on Monday decided to withdraw the limits imposed on cash withdrawals with immediate effect.
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EC requests RBI to enhance withdrawal limits of candidates contesting poll
Updated : 8 years, 6 months ago IST
New Delhi [India], Jan. 29 (ANI): The Election Commission (EC) on Sunday yet again requested the Reserve Bank of India (RBI) to enhance the cash withdrawal limit of the candidates contesting elections in the five poll bound states of Punjab, Goa, Uttar Pradesh, Uttarakhand and Manipur.
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