Search For "rbi"
RBI releases guidelines on establishment of Digital Banking Units
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 7 (ANI): The Reserve Bank of India (RBI) on Thursday issued guidelines for the establishment of 'Digital Banking Units' as announced in the Union Budget 2022-23 by Finance Minister Nirmala Sitharaman earlier this year.
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National Institute of Bank Management and TalentSprint join forces to crea
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 5 (ANI/BusinessWire India): TalentSprint, a global edtech company and a market leader in transformational deeptech programmes, and the National Institute of Bank Management (NIBM), an autonomous Apex Institute established by the Reserve Bank of India (RBI)
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India's forex reserves dip 3rd straight week; fall by $2.03 billion
Updated : 3 years, 12 months ago IST
Mumbai (Maharashtra) [India], April 2 (ANI): India's foreign exchange (forex) reserves dipped by $2.03 billion in the week ended March 25, recording a sharp drop for the third consecutive week, as the Reserve Bank of India (RBI) intervened in the currency markets by way of dollar sales to pr
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India's current account deficit rises to USD 23 billion in Q3 of 2021-22
Updated : 3 years, 12 months ago IST
Mumbai (Maharashtra) [India], March 31 (ANI): India's current account deficit (CAD) surged to USD 23 billion in the third quarter of 2021-22 from USD 9.9 billion in the previous quarter and USD 2.2 billion recorded in October-December 2020 period, the Reserve Bank of India (RBI) data showed
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India's forex reserves slump by another $2.59 billion
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 26 (ANI): India's foreign exchange (forex) reserves dipped by $2.59 billion in the week ended March 18, recording a sharp drop for the second consecutive week as the Reserve Bank of India (RBI) heavily sold dollars to prevent slide in the value of rupee
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RBI cancels license of Kanpur-based People's Co-operative Bank
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 21 (ANI): The Reserve Bank of India (RBI) on Monday said it has cancelled the license of Kanpur-based People's Co-operative Bank Limited as the bank does not have adequate capital and earning prospects.
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COVID-related relief measures have sunset date: RBI Governor
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 21 (ANI): All COVID-related liquidity relief measures extended by the central bank have come with a sunset date and would be withdrawn in due course, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday.
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India's forex reserves dip by $9.64 billion, the biggest drop in 2 years
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 19 (ANI): India's foreign exchange (forex) reserves declined by $9.646 billion to $622.275 billion in the week ended March 11, the sharpest decline in nearly two years, as the Reserve Bank of India (RBI) heavily sold dollars to prevent the slide in the val
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Paytm shares slump 13 per cent after RBI's restrictions on payments bank
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 14 (ANI): Share price of Paytm's parent company, One 97 Communications Ltd, slumped by around 13 per cent to hit an all-time low on Monday after the Reserve Bank of India (RBI) barred Paytm Payments Bank from onboarding new customers.
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Indian equities rally for 5th day; Sensex surges 936 points
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 14 (ANI): The Indian equities markets key indices rallied for the fifth consecutive session on Monday with benchmark Sensex gaining nearly 2 per cent led by strong buying support in banking, IT, and auto stocks.
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HDFC Bank surges 3.25 per cent after RBI lifts restrictions from the bank'
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 14 (ANI): The share price of HDFC Bank surged 3.25 per cent on Monday after the Reserve Bank of India (RBI) lifted all the restrictions imposed on the lender regarding its business-generating activities under a programme called Digital 2.0.
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RBI lifts restrictions on HDFC Bank's new digital launches
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 12 (ANI): HDFC Bank on Saturday said the Reserve Bank of India (RBI) has lifted all the restrictions imposed on the lender regarding its business-generating activities under a programme called Digital 2.0.
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