Search For "rbi"
Sensex surges 400 pts ahead of RBI policy
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 05 (ANI): Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50, ahead of the announcement by Reserve Bank of India's (RBI) Monetary Policy Committee (MPC), later in the
Read More
Individual borrowers to be brought under Insolvency code
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 4 (ANI): Ministry of Corporate Affairs Secretary Injeti Srinivas on Wednesday noted that individual borrowers would be brought under the ambit of the Insolvency and Bankruptcy Code, 2016 (IBC) in due time.
Read More
RBI should follow balanced approach in MPC meet, says FICCI
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 03 (ANI): Apex business organisation, FICCI, on Tuesday urged the Reserve Bank of India (RBI) to take a balanced approach in the upcoming meeting of the Monetary Policy Committee (MPC).
Read More
Closing bell: Sensex ends 286.68pts higher, Nifty rises above 10,200
Updated : 7 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr. 2 (ANI): Market indices ended significantly higher on the first day of the new fiscal owing to gains in pharmaceutical, auto, IT and infrastructure sectors.
Read More
ICICI issues clarification on penalty by RBI
Updated : 7 years, 12 months ago IST
Mumbai (Maharashtra) [India] March 29 (ANI): ICICI Bank on Thursday issued a clarification after the Reserve Bank of India (RBI) imposed penalty on it.
Read More
RBI imposes monetary penalty worth Rs 58.9 crore on ICICI Bank
Updated : 7 years, 12 months ago IST
New Delhi [India], Mar 29 (ANI): In a rare move, The Reserve Bank of India (RBI) on Thursday imposed monetary penalty worth Rs. 58.9 crore on ICICI Bank, the country's biggest private bank, for failing to abide by rules on the sale of bonds in the held-to-maturity (HTM) category.
Read More
Govt. to borrow Rs 2.88 lakh crore in first half of 2018-19
Updated : 7 years, 12 months ago IST
New Delhi [India], Mar 26 (ANI): The central government in consultation with the Reserve Bank of India (RBI) on Monday deliberated over its borrowing programme for 2018-19 and finalised its borrowing calendar for the first half of 2018-19 (April-September).
Read More
i2iFunding raises fresh funds; to focus on geographical expansion
Updated : 8 years ago IST
New Delhi [India], Mar 22 (ANI): Leading peer to peer lending platform i2iFunding.com on Thursday announced raising second round of angel investment worth Rs. 5 crores.
Read More
SC asks Jaypee Associates to deposit Rs. 200 cr
Updated : 8 years ago IST
New Delhi [India], Mar. 21 (ANI): The Supreme Court (SC) on Wednesday ordered Jaypee Associates Ltd (JAL), the parent company of Jaypee Infratech, to deposit Rs 200 crore in two equal installments before the SC registry by April 15 and May 10.
Read More
BJP govt pushed people into poverty: Chidambaram
Updated : 8 years ago IST
New Delhi [India], Mar 18 (ANI): Former finance minister P. Chidambaram on Sunday said the number of people below poverty line has increased over the last four years, while adding that it is the Congress party which could revive the nation out of the current economic crisis.
Read More
Mahagram, TJS Bank partner to integrate Bharat Bill Payment System
Updated : 8 years ago IST
New Delhi [India], Mar. 17 (ANI): Mahagram, a rising FinTech company announced its partnership with Thane Janta Sahakari Bank Ltd. (TJS Bank) for integrating the Bharat Bill Payment System (BBPS).
Read More
RBI issues corrective framework for PSBs
Updated : 8 years ago IST
New Delhi [India], Mar. 17 (ANI): Amid the multiple scams unearthed recently in the banking sector, the Reserve Bank of India (RBI) has issued a Prompt Corrective Action (PCA) framework to maintain the sound financial health of banks.
Read More