Search For "rbi"
NEFT transaction facility available 24x7, says RBI
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 16 (ANI): A bank account holder can now transfer any value of money online anytime with the Reserve Bank of India (RBI) allowing the National Electronic Funds Transfer (NEFT) facility available for 24 hours a day throughout the year starting Monday.
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PMC Bank depositors detained while protesting outside CM Thackeray's house
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 15 (ANI): Some of the depositors of the Punjab and Maharashtra Co-operative (PMC) Bank were detained by Mumbai Police on Sunday after they protested outside Matoshree, the residence of Chief Minister Uddhav Thackeray.
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RBI taking necessary actions to provide relief to customers: Anurag Thakur
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 15 (ANI): Commenting on the ongoing protests by the account holders of the Punjab and Maharashtra Cooperative (PMC) Bank, Minister of State (MoS) for Finance Anurag Singh Thakur on Sunday said that the Reserve Bank Of India (RBI) is taking requisite steps to
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Cabinet approves proposal for increase in authorised capital, equity suppo
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 11 (ANI): Union Cabinet has approved the proposal for providing additional equity support to India Infrastructure Finance Company Limited (IIFCL) to the tune of Rs 5,300 crore in financial year 2019-20 and Rs 10,000 crore in financial year 2020-21.
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SBI reports bad loan divergence of Rs 11,932 crore for FY19
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 10 (ANI): Government-owned State Bank of India (SBI) on Tuesday reported bad loan divergence of Rs 11,932 crore for the last financial year.
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Zestmoney partners with MiCredit, launches small ticket loans
Updated : 6 years, 3 months ago IST
Bengaluru (Karnataka) [India], Dec 7 (ANI/NewsVoir): ZestMoney, India's first and largest AI-driven EMI financing platform announced the company's foray into cash loans with Xiaomi.
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Sensex slips 71 points as RBI holds repo rate, lowers FY20 growth forecast
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 5 (ANI): Equity benchmark indices witnessed volatile session and ended lower on Thursday after the Reserve Bank of India (RBI) surprised by keeping its interest rates unchanged.
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Industry leaders disappointed over no change in interest rates
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 5 (ANI): Divergent industry views emerged after the Reserve Bank of India (RBI) on Thursday kept repo rate unchanged at the current level of 5.15 per cent and lowered its GDP forecast to 5 per cent for the current financial year 2019-20.
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Downgrading of GDP forecast to 5 pc for FY20 by RBI is unprecedented: Chid
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 5 (ANI): As the Reserve Bank of India (RBI) revised gross domestic product (GDP) growth projection for the current financial year 2019-20 to 5 per cent from its earlier forecast of 6.1 per cent, former Finance Minister and senior Congress leader P Chidambaram said that
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After PMC debacle, RBI to issue draft norms for cooperative banks
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 5 (ANI): The Reserve Bank of India (RBI) said on Thursday it will take steps to strengthen the safety of depositors dealing with cooperative banks.
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RBI maintains repo rate at 5.15 pc, lowers GDP forecast to 5 pc for FY20
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 5 (ANI): The Reserve Bank of India (RBI) on Thursday kept repo rate unchanged at the current 5.15 per cent level but revised gross domestic product (GDP) growth projection for the current financial year 2019-20 to 5 per cent from its earlier forecast of 6.1
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RBI keeps repo rate unchanged, revises GDP growth projection to 5 pc from
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 5 (ANI): The Reserve Bank of India (RBI) on Thursday kept the repo rate unchanged at the current 5.15 per cent level but revised gross domestic product (GDP) growth projection to 5 per cent from 6.1 per cent for the current financial year 2019-20.
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