Search For "rbi"
India's forex reserves rise by $394 million to $631.92 billion
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 12 (ANI): India's foreign exchange (forex) reserves rose by $394 million to $631.92 billion in the week ended March 4 led by a sharp jump in foreign currency assets, the Reserve Bank of India (RBI) data showed.
Read More
RBI bars Paytm Payments Bank from onboarding new customers
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 11 (ANI): The Reserve Bank of India (RBI) on Friday said it has banned Paytm Payments Bank from onboarding new customers with immediate effect.
Read More
Banks should not use public deposits to finance risky projects, says forme
Updated : 4 years ago IST
New Delhi [India], March 10 (ANI): Projects with implementation risks should normally be financed by the capital markets and not by banks using public deposits, N S Vishwanathan, Former Deputy Governor, Reserve Bank of India, said on Thursday.
Read More
RBI says it has not authorised any third party for collecting fees for gri
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 9 (ANI): The Reserve Bank of India (RBI) said on Wednesday that it has not authorized any third party for providing support in grievance redressal of the central bank's regulated entities, as claimed in messages being spread through certain sections of the
Read More
RBI launches UPI service for feature phones
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 8 (ANI): The Reserve Bank of India (RBI) on Tuesday launched a unified payments interface (UPI) service for feature phones, a move which is expected to give a big boost to digital payment adoption in the country.
Read More
PM Modi to address webinar on 'Financing for growth and aspirational econo
Updated : 4 years ago IST
New Delhi [India], March 6 (ANI): Prime Minister Narendra Modi will deliver a special address during the inaugural session of a webinar by the Ministry of Finance titled 'Financing for growth and aspirational economy' on March 8.
Read More
India's forex reserves dip by USD 1.42 billion to USD 631.52 billion
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 4 (ANI): India's foreign exchange (forex) reserves declined by USD 1.425 billion to USD 631.527 billion in the week ended February 25 due to a sharp drop in foreign currency assets, the Reserve Bank of India (RBI) data showed on Friday.
Read More
Timing, communication key to effective monetary policy, says Shaktikanta D
Updated : 4 years ago IST
New Delhi [India], March 4 (ANI): Amid growing pressure to increase policy rates to control inflation, the Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday monetary policy is an art of managing expectations and central banks have to make continual efforts to shape and anch
Read More
RBI launches inflation expectation survey of households
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 3 (ANI): The Reserve Bank of India (RBI) on Thursday launched a household level survey, which is aimed at capturing subjective assessments on price movements and inflation. The results of the survey provide useful inputs for monetary policy.
Read More
LoanTap announces partnership with ArkaFincap Ltd. and MAS Financial Servi
Updated : 4 years ago IST
Pune (Maharashtra) [India], March 3 (ANI/BusinessWire India): A leading fintech digital lending platform, LoanTap aims to close Financial Year 2022 with a bang as they announce business collaborations with Non-Banking Financial Company (NBFC) - ArkaFincap Ltd. (Arka). Additionally, LoanTap h
Read More
RBI cancels licence of Maharashtra-based Sarjeraodada Naik Shirala Sahakar
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 2 (ANI): The Reserve Bank of India (RBI) said on Wednesday that it has cancelled the licence of Maharashtra-based Sarjeraodada Naik Shirala Sahakari Bank Limited as it has failed to comply with the regulations and does not have "adequate capital and earnin
Read More
India, Japan renew bilateral swap arrangement
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], February 28 (ANI): India and Japan have renewed bilateral swap arrangement under which the two countries can swap their local currencies in exchange for the US Dollar, the Reserve Bank of India (RBI) said on Monday.
Read More