Search For "rbi"
'Bankruptcy code will help deepen corporate bond market'
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 07 (ANI): A recent study has noted that India's corporate bond market, which contributes 17 per cent to the country's Gross Domestic Product(GDP) and is highly concentrated in the AAA rated bonds, is expected to change once the Insolvency and Bankruptcy Code (IBC) brin
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RBI proposes VRR to attract long-term investment
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 06 (ANI): The Reserve Bank of India, alongside the announcement of the bi-monthly monetary policy statement, proposed the introduction of a Voluntary Retention Route (VRR) to encourage Foreign Portfolio Investors (FPIs) willing to undertake long-term investm
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Closing Bell: Sensex tanks 792.17pts
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 05 (ANI): Market indices continued to extend losses in closing trade on Friday, following the announcement of the Reserve Bank of India's (RBI) bi-monthly monetary policy.
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RBI keeps repo rate, reverse repo rate unchanged
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 05 (ANI): The Reserve Bank of India (RBI) on Friday kept the repo rate and reverse repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent and 6.25 per cent, respectively.
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Market indices continue to plunge, all eyes on monetary policy
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 05 (ANI): With all eyes on the Reserve Bank of India's (RBI) bi-monthly monetary policy, market indices continued to plunge on Friday afternoon.
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RBI repo rate likely to hiked
Updated : 7 years, 5 months ago IST
Mumbai [Maharashtra], Oct 3 (ANI): Market and financial experts are expecting a 25 basis point hike in the Reserve Bank of India's (RBI) repo rate.
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Write-offs don't lead to waivers, claims Jaitley
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 1 (ANI): Hours after Congress president Rahul Gandhi targeted the government for waiving off debts of "crony capitalists", Finance Minister Arun Jaitley in his blog post on Monday stated that write-offs by banks are not counted as loan waivers and are done as per the R
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Yes Bank pitches for extension of Rana Kapoor's term
Updated : 7 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 26 (ANI): As the shares of Yes Bank continue to decline, the Board of Directors have sought an extension of incumbent founder and CEO Rana Kapoor's term in office.
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RBI, SEBI closely monitoring financial markets
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 24 (ANI): The Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) are closely monitoring recent developments in financial markets and are ready to take appropriate actions, if necessary, RBI's Chief General Manager, Jose J Kattoor, said on
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'Merger of banks will make them commercially successful'
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 18 (ANI): Principal Economic Advisor to the Ministry of Finance, Sanjeev Sanyal, said that the decision to merge three Public Sector Banks, namely, Vijaya Bank, Dena Bank, and the Bank of Baroda will make them commercially successful.
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Govt. announces 5 measures to tackle higher current account deficit
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 14 (ANI): Finance Minister Arun Jaitley on Friday said that a broad policy decision has been taken to address the issue of expanding CAD (Current Account Deficit) under which the government will take necessary steps to cut down non-essential imports and also increas
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Smriti Irani corners Congress for NPA crisis, National Herald scam
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 11 (ANI): Union Textiles Minister Smriti Irani on Tuesday launched a scathing attack on the Congress over former Reserve Bank of India (RBI) governor Raghuram Rajan's remarks that most bad loans that account for Indian banks' Non Performing Assets (NPA) originated duri
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