Search For "rbi"
Demonetisation biggest failure of BJP govt: Congress
Updated : 7 years, 6 months ago IST
New Delhi [India], Aug 29 (ANI): Congress Party on Wednesday launched a scathing attack on the Bharatiya Janata Party (BJP) led National Democratic Alliance (NDA) government citing Reserve Bank of India (RBI) annual report and termed demonetisation as its biggest failure.
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99.3% demonetised notes returned to banks: RBI
Updated : 7 years, 6 months ago IST
New Delhi [India], Aug 29 (ANI): The Reserve Bank of India (RBI) in its annual report for the year 2017-18 stated that 99.3 per cent of the demonetised Rs 500 and Rs 1,000 notes have returned to the banking system.
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RS Prasad suggests WhatsApp CEO measures to contain fake news
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 21 (ANI): Union Information Technology and Law Minister, Ravi Shankar Prasad on Tuesday held a "productive meeting" with WhatsApp CEO, Chris Daniels and suggested few measures to check circulation of fake news through the messaging app.
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RBI staff to go on mass casual leaves over pension issues
Updated : 7 years, 7 months ago IST
Hyderabad (Telangana) [India], Aug 21 (ANI): The United Forum of Reserve Bank Officers and employees has announced that its members will observe two days mass casual leave on September 4 and 5, in a bid to press for their long-pending demands over pension related issues.
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MSME worst hit by GST, Demonetisation, says RBI study
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 18 (ANI): A recent study by the Reserve Bank of India (RBI) has noted that the Micro, Small and Medium Enterprises (MSMEs) have been adversely hit by the Goods and Services Tax (GST) roll-out and Demonetisation, which had a significant impact on the overall credit of t
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SBI posts Rs 4,876 crore net loss for Q1
Updated : 7 years, 7 months ago IST
New Delhi (India), Aug 11 (ANI): The State Bank of India (SBI) on Friday posted a net loss of Rs, 4,876 crore in the first quarter ended on June 30, 2018. The bank has also stated that it has kept aside the mark-to-market provision of Rs, 5,900 crores and not used the dispensation provided b
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RBI to transfer Rs 50,000Cr surplus funds to Centre
Updated : 7 years, 7 months ago IST
New Delhi (India), Aug 8 (ANI): The Reserve Bank of India (RBI) on Wednesday announced the transfer of surplus funds amounting to Rs 50000 crore for the year ended June 30, to the Government of India.
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Digital Lender Prest Loans secures USD 2.5 Mn (Rs. 16.5 Crore) funding
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 8 (NewsVoir): Digital lending platform and RBI registered NBFC Prest Loans (www.PrestLoans.com), has secured debt funding of about USD 2.5 Mn (appr. Rs. 16.5 Crore) from multiple lenders.
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S Gurumurthy, Satish Marathe appointed to RBI board
Updated : 7 years, 7 months ago IST
New Delhi [India], August 8 (ANI): The Centre has appointed Rashtriya Swayamsevak Sangh(RSS)-affiliate Swadeshi Jagaran Manch co-convenor Swaminathan Gurumurthy and businessman Satish Kashinath Marathe to the Central Board of the Reserve Bank of India (RBI).
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Parliamentary panel calls to simplify processing of LC's
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 6 (ANI): The Parliamentary Standing Committee on Commerce on Monday said that the Reserve Bank of India (RBI) did not make enough consultations before discontinuing the issue of the Letter of Understanding (LoU)/Letter of Comfort (LoC) while terming the move as a `knee
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RBI rate hike a 'win-win' situation for markets, banks
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 2 (ANI): The Reserve Bank of India's (RBI) decision to raise the repo rate by 25 basis points (bps) to 6.50 per cent is a "win-win" situation for both markets and the banks as inflation is expected to rapidly decelerate to sub-5 per cent in coming months, suggests the
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Considerable uncertainty around impact of MSP schemes, says RBI
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 1 (ANI): The Reserve Bank of India (RBI) Deputy Governor Viral Acharya on Wednesday said that the impact of MSP hike on projections is a challenging task.
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