Search For "rbi"
Banks not following RBI directive on gold margin calls: Mehrasons
Updated : 5 years, 11 months ago IST
New Delhi [India], Apr 11 (ANI): Amid spreading coronavirus and subsequent lockdown, borrowers of a gold metal loan (GML) are facing excessive heat as the price of the yellow metal has risen astronomically, triggering margin calls that need to be fulfilled.
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SIDBI can't raise demands towards due instalment from ICCL until RBI clari
Updated : 5 years, 11 months ago IST
New Delhi [India], April 10 (ANI): Delhi High Court has said the Small Industries Development Bank of India (SIDBI) will not raise any further demand on Indiabulls Commercial Credit Limited towards the due instalments until it obtains clarification from the RBI.
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Rajasthan CM writes to PM Modi, seeks Rs 1 lakh cr package for States
Updated : 5 years, 11 months ago IST
Jaipur (Rajasthan) [India], April 6 (ANI): Rajasthan Chief Minister Ashok Gehlot has written to Prime Minister Narendra Modi, seeking urgent steps to empower the State governments.
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Congress seeks Rs 1 lakh crore assistance for States in battle against COV
Updated : 5 years, 11 months ago IST
New Delhi [India], April 4 (ANI): Asserting that the real battle to combat coronavirus is being fought in the States, the Congress on Saturday said they were facing a shortage of funds and demanded a special economic package of at least Rs 1 lakh crore to help them deal with the crisis cr
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RBI revises trading hours for various financial markets
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 3 (ANI): The Reserve Bank of India (RBI) has revised timings for various financial markets to 10 am till 2 pm from April 7 to 17.
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Delhi HC asks Yes Bank to file response on private company's plea
Updated : 5 years, 12 months ago IST
New Delhi [India], April 1 (ANI): The Delhi High Court on Wednesday asked the Yes Bank to file a response on a private company's plea regarding not to take coercive or adverse steps for its failure in paying loan instalments.
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RBI announces further measures to deal with COVID-19 pandemic
Updated : 5 years, 12 months ago IST
Mumbai (Maharashtra) [India], Apr 1 (ANI): The Reserve Bank of India (RBI) on Wednesday extended realisation period of export proceeds as part of additional measures to deal with the economic disruption caused by coronavirus epidemic.
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Grow your savings by investing a portion of your salary in an FD
Updated : 5 years, 12 months ago IST
Pune (Maharashtra) [India], Mar 31 (ANI/ BusinessWire India): Budgeting and saving a portion of your salary every month helps you build a corpus over time, which you can later utilise to meet your goals. However, the rate of interest offered on a savings account is hardly enough to combat in
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FAR for investment by non-residents in government securities
Updated : 5 years, 12 months ago IST
New Delhi [India], Mar 30 (ANI): The Reserve Bank of India (RBI) on Monday issued a circular to implement the Union Budget 2020-21 proposal to fully open up the government securities for non-resident investors.
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RBI extends Fixed Rate Reverse Repo, MSF window
Updated : 5 years, 12 months ago IST
New Delhi [India], Mar 30 (ANI): The Reserve Bank of India (RBI) on Monday extended the Fixed Rate Reverse Repo and Marginal Standing Facility (MSF) window to provide eligible market participants with greater flexibility in their liquidity management.
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Gurugram real estate developers laud RBI measures
Updated : 6 years ago IST
Gurugram (Haryana) [India], Mar 28 (ANI/ NewsVoir): Gurugram realty developers have lauded RBI measures to inject liquidity into the Indian economy. The Reserve Bank of India today slashed the repo rate by 75 bps to 4.4 percent and reduced the reverse repo rate by 90 bps to 4 percent. Moreov
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Start the new financial year on the right foot: invest in an FD
Updated : 6 years ago IST
Pune (Maharashtra) [India], Mar 28 (ANI/ BusinessWire India): With the new financial year on the horizon, the time is right for a re-assessment of your risk profile, given the volatility in the market today and the condition of the Indian economy. The Reserve Bank of India (RBI) announced on
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