Search For "rbi"
Economy to contract at 7.5 pc for FY21 due to COVID-19 impact: RBI
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], December 4 (ANI): The Reserve Bank of India (RBI) on Friday revised its forecast of economic growth for the current fiscal year (2020-21) to minus 7.5 per cent compared to its earlier forecast of minus 9.5 per cent.
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RBI keeps repo rate unchanged at 4 pc, maintains accommodative stance
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], December 4 (ANI): The Reserve Bank of India (RBI) on Friday kept the repo rate unchanged at 4 per cent and maintained the policy stance at accommodative.
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Equity indices trade higher as RBI set to announce monetary policy
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], December 4 (ANI): Equity benchmark indices traded higher during early hours on Friday as the Reserve Bank of India (RBI) prepared to announce its bi-monthly monetary policy later during the day.
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RBI asks HDFC Bank to halt digital launches, stop selling new credit cards
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], December 3 (ANI): The Reserve Bank of India (RBI) has asked private sector lender HDFC Bank to halt all its digital launches as well new sourcing of credit card customers temporarily.
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Indian economy exhibited stronger than expected pick up in momentum of rec
Updated : 5 years, 4 months ago IST
Mumbai (Maharashtra) [India], November 26 (ANI): The Indian economy has exhibited stronger than expected pick up in the momentum of the recovery, said Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday.
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Protection of Lakshmi Vilas Bank could be done without compromising nation
Updated : 5 years, 4 months ago IST
New Delhi [India], November 24 (ANI): Swadeshi Jagran Manch has written to Shaktikanta Das Governor Reserve Bank of India, saying protection of the beleaguered Lakshmi Vilas Bank could be done without compromising national interests.
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Reasons to choose the Bajaj Finance FD over a Bank FD
Updated : 5 years, 4 months ago IST
Pune (Maharashtra) [India], November 24 (ANI/BusinessWire India): For those with a low risk appetite, the bank FD is usually looked on to be an ideal instrument. However, with the RBI bringing down the repo rate by 175 basis points in less than a year, FD interest rates with banks have dropp
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What Singapore analysts say about DBS takeover of Lakshmi Vilas Bank
Updated : 5 years, 4 months ago IST
Singapore, November 23 (ANI): Last week, news emerged that DBS Bank (DBS), Southeast Asia's largest lender, has proposed to fold Indian Bank Lakshmi Vilas Bank (LVB) into its Indian subsidiary, DBS Bank India Limited (DBSIL).
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RBI becomes first central bank in the world to reach one million followers
Updated : 5 years, 4 months ago IST
New Delhi [India], November 22 (ANI): The Reserve Bank of India on Sunday became the first central bank in the world to have more than one million followers on its Twitter handle.
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ED initiates probe into masala bonds of KIIFB, seeks details from RBI
Updated : 5 years, 4 months ago IST
Thiruvananthapuram (Kerala) [India], November 22 (ANI): The Enforcement Directorate (ED) has initiated an investigation into the masala bonds of the Kerala Infrastructure Investment Fund Board (KIIFB), sources said on Sunday.
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RBI releases panel report on extant ownership guidelines and corporate str
Updated : 5 years, 4 months ago IST
New Delhi [India], November 20 (ANI): Reserve Bank of India (RBI), on Friday, released a report on Extant Ownership Guidelines for Indian private sector banks, which was prepared by an Internal Working Group (IWG) appointed by the central bank.
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SC adjourns hearing on loan moratorium case till next week
Updated : 5 years, 4 months ago IST
New Delhi [India], November 19 (ANI): The Supreme Court on Thursday adjourned the hearing on the loan moratorium case till next week and asked the power producers to give suggestions on loan relief to RBI.
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