Search For "rbi"
Moratorium imposed on Yes Bank, withdrawals capped at Rs 50,000
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 5 (ANI): The Reserve Bank of India (RBI) on Thursday said a "moratorium" has been imposed on Yes Bank stressing that the bank's financial capability has undergone a steady decline largely due to inability of the bank to raise capital.
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Will look at RBI verdict on cryptocurrencies, see what to do: Sitharaman
Updated : 6 years ago IST
New Delhi [India], Mar 4 (ANI): Finance Minister Nirmala Sitharaman on Wednesday said the central government will go through the Supreme Court judgement that struck down the RBI circular barring banks from giving access to companies in trading in cryptocurrencies and see "what we want to
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Supreme Court allows trade in cryptocurrencies, quashes RBI curb
Updated : 6 years ago IST
New Delhi [India], Mar 4 (ANI): The Supreme Court on Wednesday struck down the Reserve Bank of India (RBI) 2018 circular that barred banks from giving access to companies in trading in cryptocurrencies.
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SC to pronounce judgment on RBI circular barring use of cryptocurrencies b
Updated : 6 years ago IST
New Delhi [India], Mar 3 (ANI): The Supreme Court on Wednesday will deliver its judgment on pleas objecting to Reserve Bank of India (RBI) 2018 circular that barred banks from trading in cryptocurrencies.
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RBI to ensure orderly functioning of financial markets as COVID-19 spreads
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 3 (ANI): Amid expectations of major central banks to take measures for mitigating the economic impact of coronavirus outbreak, the Reserve Bank of India (RBI) said on Tuesday it stands ready to take appropriate actions to ensure orderly functioning of financ
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Invest in a Bajaj Finance FD now as bank rates fall
Updated : 6 years ago IST
Pune (Maharashtra) [India], Mar 3 (ANI/BusinessWire India): In the latest bi-monthly Monetary Policy Committee meeting in February 2020, the RBI maintained the accommodative economic stance and left the repo rate and reverse repo rate untouched at 5.15 per cent and 4.90 per cent respectively
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Digital payments rising sharply but cash remains the king: RBI
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 25 (ANI): India continues to have a strong bias for cash payments but speed, convenience and competition are shaping the future of payments, according to a study of the Reserve Bank of India (RBI).
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RBI clears plan for dilution of promoters' shareholding in Kotak Mahindra
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 19 (ANI): Kotak Mahindra Bank said on Wednesday that the Reserve Bank of India (RBI) has granted final approval on the dilution of promoters' shareholding in the bank.
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FM bats for 'increased complementarity' as RBI pegs growth at 6 pc for FY
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 15 (ANI): Finance Minister Nirmala Sitharaman on Saturday batted for "increased complementarity in policy between the RBI and the Central government" to address growth concerns as India's central bank pegged the growth rate at 6 pc for the financial year of 2020-21.
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Central bank internally reviewing monetary policy framework: RBI Governor
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 15 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday said that the central bank is "internally reviewing" monetary policy framework.
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Transmission of rate cuts improving steadily: RBI Governor
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 15 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday said that transmission of policy rate is steadily improving.
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RBI's customary post-budget meeting held in Delhi
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 15 (ANI): A customary post-budget meeting of Central Board of Directors' Reserve Bank of India (RBI) was held here on Saturday.
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