Search For "rbi"
RBI cancels 'certificate of registration' of four NBFCs
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 12 (ANI): The Reserve Bank of India (RBI) on Wednesday said it has cancelled the 'certificate of registration' of four non-banking financial companies (NBFCs).
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Supreme Court's Constitution Bench seeks Centre, RBI response on demonetis
Updated : 3 years, 5 months ago IST
New Delhi [India], October 12 (ANI): The Supreme Court's Constitution Bench on Wednesday asked the Centre and Reserve Bank of India (RBI) to file a comprehensive affidavit on the decision to demonetize currency notes of Rs 500 and 1,000 in 2016.
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RBI cancels licence of Pune-based Seva Vikas Cooperative Bank
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 10 (ANI): The Reserve Bank of India on Monday said it has cancelled the licence of Pune-based The Seva Vikas Co-operative Bank Ltd because of the company's earnings prospects and lack of capital.
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RBI imposes monetary penalty on Kerala State Cooperative Bank
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 10 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty on Thiruvananthapuram-based The Kerala State Co-operative Bank Ltd for non-compliance with the provisions of the banking regulations.
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EoIs invited from consultants of advanced analytics, AI, ML by RBI
Updated : 3 years, 5 months ago IST
Mumbai [India], October 9 (ANI): As artificial intelligence, advanced analytics and machine learning get embedded in our lives in terms of GPS navigation, stock markets and so on, the central bank is seeking expressions of interest from consultants in these next-generation technologies for i
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Markets may have a bearish mode on Monday trade
Updated : 3 years, 5 months ago IST
New Delhi [India], October 9 (ANI): Experts believe stocks will be still in bearish mode as markets open up on Monday. The Indian equity markets are widely influenced by global cues, the macro environment and depending on the situation of stock exchanges' index like Dow Jones, it may continu
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India's forex reserves dip by $4.85 bn; hit lowest level since July 2020
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 8 (ANI): India's foreign exchange (forex) reserves slumped by $4.854 billion to $532.664 billion for the week ended September 30, the lowest level since July 2020, as the Reserve Bank of India (RBI) used its kitty to defend the rupee, which has hit recor
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Analysts believe rupee may fall further, all eyes on RBI
Updated : 3 years, 5 months ago IST
New Delhi [India], October 7 (ANI): With increasing oil prices weighing on traders' sentiments, the rupee plunged to an all-time low of 82.22 against the US dollar in morning trade on Friday. Depending on the rising crude oil and US payroll data, the US Federal Reserve's stance on monetary p
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RBI releases 'concept note' on Central Bank Digital Currency
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 7 (ANI): The Reserve Bank of India (RBI) on Friday released a so-called 'concept note' on Central Bank Digital Currency (CBDC) with an objective to create awareness about the planned features of the digital rupee.
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Sebi orders Brickwork Ratings to shut down in 6 months
Updated : 3 years, 5 months ago IST
Mumbai [India], October 7 (ANI): Market regulator Sebi has issued an order to Brickwork Ratings to wind up its operation within six months because the watchdog said there were major lapses in the rating agency's duties during its inspections.
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Microfinance Industry's Code of Conduct, 4th Edition released by SIDBI CMD
Updated : 3 years, 5 months ago IST
New Delhi [India], October 7 (ANI/PNN): Microfinance Institutions Network (MFIN), industry association for Microfinance and an RBI-recognized self-regulatory organization today announced the release of the fourth edition of the Industry Code of Conduct, jointly with Small Industries Developm
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Rupee falls to record low against US dollar, slips past 82-mark
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 7 (ANI): With increasing oil prices weighing on traders' sentiments, the rupee plunged to an all-time time low of 82.22 against the US dollar in morning trade on Friday.
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