Search For "rbi"
NRIs, OCIs don't require prior approval to buy immovable property in India
Updated : 4 years, 3 months ago IST
Mumbai [India], December 29 (ANI): Non-Resident Indians (NRIs) and Overseas Citizen of India (OCIs) do not require prior approval of the Reserve Bank of India (RBI) for buying or selling immovable properties like houses in India, the central bank said on Wednesday.
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Inflation, Omicron major risks to Indian economy: RBI
Updated : 4 years, 3 months ago IST
Mumbai [India], December 29 (ANI): Inflation and COVID-19 new variant Omicron pose major challenges to the Indian economy, the Reserve Bank of India (RBI) said on Wednesday.
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Banks' gross NPAs may rise to 9.5 per cent in Sept 2022: RBI
Updated : 4 years, 3 months ago IST
Mumbai [India], December 29 (ANI): The gross non-performing asset (GNPA) ratio of scheduled commercial banks is likely to increase to 9.5 per cent in September 2022 from 6.9 per cent in September 2021 in a severe stress scenario, the Reserve Bank of India (RBI) said on Wednesday.
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Nascent signs of recovery visible in Bank credit growth: RBI
Updated : 4 years, 3 months ago IST
Mumbai [India], December 28 (ANI): The consolidated balance sheet of scheduled commercial banks expanded in size during 2020-21 despite the contraction in economic activity due to the COVID-19 pandemic, according to 'Report on Trend and Progress of Banking in India 2020-21' released by the R
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RBL Bank slumps 20 pc on leadership changes
Updated : 4 years, 3 months ago IST
Mumbai [India], December 27 (ANI): The share price of RBL Bank slumped 20 per cent hitting the lower circuit limit on Monday after its MD & CEO Vishwavir Ahuja went on "medical leave" and the Reserve Bank of India (RBI) appointed Yogesh Dayal as an additional director on the bank's board
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India's forex reserves decline by $160 million to $635.66 billion
Updated : 4 years, 3 months ago IST
Mumbai [India], December 24 (ANI): India's foreign exchange (forex) reserves declined by 160 million to $635.66 billion due to a sharp drop in foreign currency assets, the Reserve Bank of India (RBI) data showed on Friday.
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Centre lists steps taken to improve flow of credit to MSME sector in RS
Updated : 4 years, 3 months ago IST
New Delhi [India], December 22 (ANI): Union Minister of State for Finance Dr Bhagwat Kisanrao Karad has said that the Centre has announced Emergency Credit Line Guarantee Scheme as part of the Aatma Nirbhar Bharat Package with the objective to help MSMEs and business enterprises to meet thei
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RBI discussed issues relating to private cryptocurrencies at central board
Updated : 4 years, 3 months ago IST
New Delhi [India], December 18 (ANI): The Reserve Bank of India (RBI) is in favour of complete ban on private cryptocurrencies in India, people in the know of the matter told ANI.
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RBI Central Board reviews evolving economic challenges
Updated : 4 years, 3 months ago IST
Lucknow (Uttar Pradesh) [India], December 17 (ANI): Central Board of Directors of the Reserve Bank of India (RBI) met in Lucknow on Friday to review the evolving domestic and global economic situation.
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RBI lower currency limit for pilgrims visiting Gurudwara Darbar Sahib in K
Updated : 4 years, 3 months ago IST
New Delhi [India], December 16 (ANI): The Reserve Bank of India (RBI) on Wednesday permitted Indians as well as Overseas Citizens of India (OCI) cardholders going on pilgrimage to Gurdwara Darbar Sahib in Kartarpur, Pakistan through the Kartarpur Sahib Corridor to carry up to Rs 11,000.
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RBI imposes Rs.1.8 crore penalty on PNB
Updated : 4 years, 3 months ago IST
Mumbai (India), December 15 (ANI): The Reserve Bank of India (RBI) on Wednesday imposed Rs.1.8 crore monetary penalty on Punjab National Bank (PNB) for 'deficiencies in regulatory compliance'.
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RBI introduces prompt corrective action framework for NBFCs
Updated : 4 years, 3 months ago IST
Mumbai (India), December 14 (ANI): The Reserve Bank of India (RBI) on Tuesday issued the Prompt Corrective Action (PCA) framework for Non-Banking Financial Companies (NBFCs).
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