Search For "rbi"
RBI continues to mitigate COVID-19 impact on economy, ensure inflation rem
Updated : 4 years, 2 months ago IST
New Delhi [India], January 29 (ANI): Reserve Bank of India (RBI) Deputy Governor Michael D Patra on Friday informed that RBI remains committed to reviving and sustaining growth on a durable basis and continues to mitigate COVID-19 impact on the economy while ensuring that inflation remains w
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RBI imposes monetary penalty on 8 cooperative banks
Updated : 4 years, 2 months ago IST
Mumbai [India], January 24 (ANI): The Reserve Bank of India (RBI) on Monday imposed penalties on eight cooperative banks due to deficiencies in regulatory compliance.
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India's forex reserves rise by $2.22 billion to $634.96 billion
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 22 (ANI): India's foreign exchange (forex) reserves rose by $2.229 billion to $634.965 billion for the week ended January 14, 2022, the Reserve Bank of India (RBI) data showed.
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Priority sector lending can help unlock EV financing market of INR 40,000
Updated : 4 years, 2 months ago IST
New Delhi [India], January 21 (ANI/PR Newswire): A new report by NITI Aayog, RMI, and RMI India outlines the importance of priority sector recognition for retail lending in the electric mobility ecosystem. Titled Banking on Electric Vehicles in India, the report provides considerations and r
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India's forex reserves drop by USD 878 million to USD 632.73 billion
Updated : 4 years, 2 months ago IST
Mumbai [India], January 14 (ANI): India's foreign exchange (forex) reserves fell by USD 878 million to USD 632.736 billion for the week ended January 7, 2022, the Reserve Bank of India (RBI) data showed on Friday.
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FSDC sub-committee reviews economic scenario
Updated : 4 years, 2 months ago IST
Mumbai [India], January 13 (ANI): A sub-committee of the RBI's Financial Stability and Development Council (FSDC) met under the chairmanship of Reserve Bank of India Governor Shaktikanta Das to review major developments in the global and domestic economy.
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ED attaches Rs 72.32 cr of Kudos Finance, its fintech partner firms in mon
Updated : 4 years, 2 months ago IST
New Delhi [India], January 12 (ANI): The Enforcement Directorate (ED) has attached Rs 72.32 crore lying in various bank accounts and payment gateway accounts of Kudos Finance and Investments Pvt Ltd, an Indian Non-Banking Financial Company (NBFC), and its various fintech partner companies
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HDFC Bank goes live for customs duty payments
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 7 (ANI/BusinessWire India): HDFC Bank today announced that its integration with Central Board of Indirect Taxes and Customs (CBIC) ICEGATE platform has gone live. With this, the Bank will offer customers the convenience of directly paying Customs Duty by
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Deepak Kumar, Ajay Kumar Choudhary appointed as new executive directors of
Updated : 4 years, 2 months ago IST
New Delhi [India], January 5 (ANI): The Reserve Bank of India (RBI) has appointed Ajay Kumar Choudhary and Deepak Kumar as the new executive directors (ED).
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RBI releases framework for facilitating small value digital payments in of
Updated : 4 years, 2 months ago IST
Mumbai [India], January 3 (ANI): The Reserve Bank of India (RBI) on Monday released 'framework for facilitating small value digital payments in offline mode'. The central bank has put the framework on its website.
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ATM cash withdrawal beyond permissible limit gets costlier by Re 1
Updated : 4 years, 2 months ago IST
New Delhi [India], January 1 (ANI): Bank customers are now required to pay one rupee more on each ATM transaction done beyond the permissible limit of free transactions.
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SATYA MicroCapital reaches Rs. 2000 cr. Assets under Management
Updated : 4 years, 2 months ago IST
New Delhi [India], December 31 (ANI/NewsVoir): Despite of confronting various challenges posed by pandemic, SATYA MicroCapital Ltd., RBI registered NBFC-MFIs has once again proved that nothing can deter the organization from achieving remarkable growth.
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