Search For "rbi"
FM seeks to allay fears on surcharge on super rich
Updated : 6 years, 8 months ago IST
New Delhi [India], July 18 (ANI): Indicating no roll back of the income tax surcharge on the super-rich imposed in the budget, Finance Minister Nirmala Sitharaman on Thursday ruled out any adverse impact of it on investor confidence and said the fears of flight of capital are unfounded.
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Punjab & Sind Bank reports Rs 238.3 crore fraud in BPSL case
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 18 (ANI): Government-owned Punjab & Sind Bank (PSB) has reported a Rs 238.3 crore fraud relating to allegations of diversion of funds by the indebted Bhushan Power & Steel Ltd (BPSL).
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Jalan panel report on surplus RBI reserve finalised: official
Updated : 6 years, 8 months ago IST
New Delhi [India], July 17 (ANI): A committee set up to review the Reserve Bank of India's (RBI) economic capital framework has finalised its report and will submit it to the central bank soon, a senior official said on Wednesday.
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Sensex closes above 39,000 mark, Yes Bank gains 14 pc
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 16 (ANI): Equity traded with a positive bias on Tuesday as investors shrugged off trade data release a day earlier while hoping for an additional interest rate cut by the Reserve Bank of India (RBI) next month.
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RBI imposes penalty of Rs 7 crore on SBI for regulatory lapses
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 16 (ANI): The Reserve Bank of India (RBI) has imposed a penalty of Rs 7 crore on State Bank of India for non-compliance of directions.
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Play it safe by investing in Bajaj Finance Fixed Deposit
Updated : 6 years, 8 months ago IST
Pune (Maharashtra) [India] July 16 (ANI/BusinessWire India): The recent the economic downtrend has not been too favourable for investors, especially with the latest turn of events. The Union Budget was announced recently, and prices for several consumer goods increased due to a hike in ta
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Allahabad Bank stock drops 10 pc after reports of Rs 1,775 crore fraud by
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 15 (ANI): Shares of government-owned Allahabad Bank slumped over 10 per cent in morning trade on Monday after the bank reported a fraud of Rs 1,775 crore by Bhushan Power and Steel Limited (BPSL) to the Reserve Bank of India (RBI).
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Banks more risk-tolerant in housing loans but affordability worsened, show
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 12 (ANI): A recent survey by the Reserve Bank of India (RBI) shows that banks are getting more risk-tolerant in housing loans but affordability across the country has worsened over the past four years.
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FM highlights importance of coordination between RBI and government
Updated : 6 years, 8 months ago IST
New Delhi [India], July 8 (ANI): Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Monday underscored the importance of coordination between the Reserve Bank of India (RBI) and the government.
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RBI welcomes move to bring NBFCs under its regulation: Das
Updated : 6 years, 8 months ago IST
New Delhi [India], July 8 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday it will do its best after being given the additional responsibility of supervising and regulating non-banking financial companies (NBFCs) in a bid to boost investment and lending in the econo
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Strengthening regulatory authority of RBI over NBFCs
Updated : 6 years, 8 months ago IST
New Delhi [India], July 5 (ANI): The government will strengthen regulatory authority of Reserve Bank of India (RBI) over non-banking financial companies (NBFCs), Finance Minister Nirmala Sitharaman said on Friday.
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Delhi HC seeks response from RBI, ED, PayPal on plea claiming illegal ops
Updated : 6 years, 8 months ago IST
New Delhi [India], July 3 (ANI): The Delhi High Court on Wednesday sought responses from Reserve Bank of India (RBI), Enforcement Directorate (ED) and PayPal Payments Private Limited on a plea that the company is unauthorised and was doing illegal operation in India as a Payment Systems in
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