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RBI advances OMO purchase auction to Mar 24 and 26
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 23 (ANI): The Reserve Bank of India (RBI) on Monday advanced open market operations (OMO) purchase auction of Rs 30,000 crore.
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Odisha Govt requests RBI to ensure availability of sufficient cash in bank
Updated : 6 years ago IST
Bhubaneswar (Odisha) [India], Mar 21 (ANI): The Odisha Government on Friday requested the Reserve Bank of India (RBI) to ensure availability of sufficient cash in currency chests, bank branches and ATMs across the state to meet the exigencies in view of COVID-19.
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RBI appoints two Additional Directors on Yes Bank's new board
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 20 (ANI): The Reserve Bank of India (RBI) on Friday appointed R Gandhi and Ananth Narayan Gopalakrishnan as Additional Directors on the board of Yes Bank Ltd from March 26 for a period of two years.
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Yes Bank remits over Rs 397 crore to Jagannath Temple
Updated : 6 years ago IST
New Delhi [India], Mar 19 (ANI): The crisis-hit Yes Bank on Thursday remitted more than Rs 397 crore, including the interest, of the Shree Jagannath Temple Administration, Puri as instructed by the temple authorities.
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RBI renews authorisation to Vakrangee for white label ATMs
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 18 (ANI): The Reserve Bank of India (RBI) has extended the validity of authorisation issued to Vakrangee Ltd to set up, own and operate white label automated teller machines (ATMs) in India.
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RBI announces OMO purchase of government dated securities
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 18 (ANI): The Reserve Bank of India (RBI) on Wednesday decided to conduct open market operations (OMOs) on March 20 in the form of purchase of an aggregate amount of Rs 10,000 crore of government securities through a multi-security auction using the multiple
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Yes Bank to resume full banking services from today
Updated : 6 years ago IST
New Delhi [India], Mar 18 (ANI): Yes Bank, on which the Reserve Bank of India (RBI) had imposed a moratorium, will resume normal operations from 6 pm on Wednesday.
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Yes Bank case: ED summons Subhash Chandra, Naresh Goyal for questioning
Updated : 6 years ago IST
New Delhi [India], Mar 17 (ANI): The Enforcement Directorate on Monday issued summons to Subhash Chandra of Essel Group, former Chairman of Jet Airways Naresh Goyal, Promotor of DHFL Kapil Wadhawan in connection with bad loans given by Yes Bank founder Rana Kapoor.
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SBI chairman welcomes RBI move on Yes Bank
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 16 (ANI): State Bank of India (SBI) chairman Rajnish Kumar on Monday welcomed the "statements" of Reserve Bank of India (RBI) on Yes Bank, saying the move will reassure the market further.
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RBI to conduct another dollar/rupee sell-buy swap on Mar 23
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 16 (ANI): The Reserve Bank of India (RBI) will conduct another six months US dollar/rupee sell-buy swap on March 23 to ensure that financial markets and institutions remain sound and resilient in the wake of deadly coronavirus (COVID-19), Governor Shaktikant
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Moratorium on Yes Bank to be lifted on March 18: RBI
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 16 (ANI): The moratorium on crisis-hit Yes Bank imposed early this month will be lifted on Wednesday at 6 pm, said Reserve Bank of India (RBI) Governor Shaktikanta Das here on Monday.
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Axis Bank, ICICI, HDFC, Kotak Mahindra to invest Rs 3,100 crore in Yes Ban
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 13 (ANI): In a major development, Axis Bank, ICICI Bank, HDFC, and Kotak Mahindra Bank have decided to invest Rs 3,100 crore in Yes Bank.
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