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Govt. appoints Viral Acharya as RBI deputy governor
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec 28 (ANI): The Appointments Committee of the Cabinet has approved the appointment of Viral V. Acharya as the new deputy governor of Reserve Bank of India (RBI) for a period of three years.
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RBI approves FPIs to transact in securities directly
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec 28 (ANI): The Reserve Bank of India (RBI) has eased the norms for foreign portfolio investors to transact in securities other than shares by allowing them to trade directly in such instruments.
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Not a government of Sonia Gandhi where institutions can be over ruled and
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 24 (ANI): Coming down heavily on former prime minister Dr. Manmohan Singh who sought to know whether the Reserve Bank of India (RBI) was given sufficient time to hold deliberations on the government's demonetisation move, the Bharatiya Janata Party (BJP) has said
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RBI's new notification is ridiculous, says bank association president
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 21 (ANI): The president of All India Bank Employees Association, Vishwas Utagi, on Wednesday dubbed the Reserve Bank of India's (RBI) new notification of not depositing an amount beyond Rs. 5000 as ridiculous, adding that the government is forcing bank officials
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Reserve Bank of India has now become Reverse Bank of India, mocks Congress
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 21 (ANI): A day after Congress vice president Rahul Gandhi mocked the Reserve Bank of India (RBI) over the constant change in its rules post demonetisation, the recent u-turn in which the Rs.5000 deposit restriction for KYC compliant accounts was withdrawn, became fod
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PSBs to levy service tax to IMPS, UPI on NEFT transactions above Rs. 1000
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec 21 (ANI): In line with the Central Government's objective of promotion of payments through cards and digital means over payments in cash, the Reserve Bank of India (RBI) has recently rationalized customer charges for transactions up to Rs. 1000 settled on Immediat
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RBI takes U-turn, withdraws Rs. 5000 old note-deposit restriction
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec 21 (ANI): The Reserve Bank of India (RBI) on Wednesday partially reversed the rule that restricted people from depositing over Rs. 5000 in old banknotes more than once till December 30.
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Paytm enables self-declared merchants to accept payments up to Rs. 50,000
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec 21 (ANI): Paytm has announced introduction of a new category of self-declared merchants who can accept payments up to Rs. 50,000 directly in their bank accounts. This move is in line with the RBI circular on Special Measures to incentivize Electronic Payments dated Nov
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Chidambaram's argument shows total bankruptcy of Congress thinking: B
Updated : 8 years, 6 months ago IST
Kolkata (West Bengal) [India], Dec. 20 (ANI): The Bharatiya Janata Party (BJP) on Tuesday alleged former finance minister P. Chidambaram's assertion that the Reserve Bank of India (RBI) keeps making new rules on deposits post demonetisation and Finance Minister Arun Jaitley contradicts
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RBI changing rules like PM Modi changes clothes: Rahul Gandhi
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 20 (ANI): Taking another snipe at the Prime Minister over the constant stream of announcements and notifications post demonetisation, Congress vice president Rahul Gandhi on Tuesday said that the Reserve Bank of India (RBI) was changing the rules just like Prime Minis
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Neither RBI nor Jaitley have credibility: Chidambaram
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 20 (ANI): Asserting that the Reserve Bank of India (RBI) keeps making new rules on deposits post demonetisation and Finance Minister Arun Jaitley contradicts them, senior Congress leader P. Chidambaram on Tuesday stated that the citizens have no clue who to believe as
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Govt. has made "mess of demonetisation": Congress
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec. 20 (ANI): The Congress on Tuesday cornered the government over the recent Reserve Bank of India (RBI) announcement on deposits, saying the ruling dispensation has made mess of the November 8 demonetisation drive.
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