Search For "rbi"
Closing bell: Sensex ends 113.23 pts lower, Nifty at 10,476.70
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): Following the announcement of the Reserve Bank of India's (RBI) sixth bi-monthly monetary policy statement, market indices traded lower on Wednesday evening.
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RBI keeps repo rate, reverse repo rate unchanged
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): The Reserve Bank of India (RBI) on Wednesday kept the repo rate and reverse repo rate unchanged at 6 percent and 5.75 percent respectively.
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RBI to announce its Monetary Policy today
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 7 (ANI): The Reserve Bank of India (RBI) on Wednesday will announce its decisions on the rate cuts after its Monetary Policy Committee (MPC) meeting, which will be the first after Union Budget 2018-19.
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Indian Rail Fin Corp can now raise additional debt
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 7 (ANI): Indian Railway Finance Corporation (IRFC) can now raise additional debt of more than Rs 63,000 crore rupees, following the government exemption from the ambit of an Indian Accounting Standard, pertaining to deferred tax liability.
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RBI likely to keep policy rates on hold
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 6 (ANI): In the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting, which will be held today in Mumbai, the apex bank is expected to keep policy rates on hold for this week.
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RBI need not react to bond yields, MSP for interest rate review: ASSOCHAM
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 4 (ANI): The Reserve Bank of India (RBI) should not over-react to the high yield pressures of the bond market, along with the government promising a substantial revision in the Minimum Support Price (MSP) for farmers and refrain from going in for any hike in the benchm
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Forex reserves soar by $3bn to $417.789bn
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 3 (ANI): Foreign exchange reserves saw a USD three billion surge to USD 417.789 billion in the week to January 26, the Reserve Bank of India (RBI) stated.
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SBI signs Information Utility agreement with NeSL
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], January 30 (ANI): State Bank of India (SBI) on Tuesday announced signing of a Information Utility (IU) agreement with National E-Governance Services Limited (NeSL), the first information utility registered with the Insolvency and Bankruptcy Board of India (IB
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IBC mechanism being used to resolve NPA Problem: Economic Survey
Updated : 8 years, 1 month ago IST
New Delhi [India], January 29 (ANI): The International Bank of Commerce (IBC) mechanism is being used to resolve the Non-Performing Asset (NPA) problem in the country, as per the Economic Survey 2017-18.
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Small finance, payment banks to expand pension scheme outreach
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 27 (ANI): A total of 11 payment banks and 10 small finance banks were granted license from the Reserve Bank of India (RBI) to start banking operations in India, in a move to help expand the outreach of Atal Pension Yojana (APY), the government's pension scheme.
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Foreign exchange reserves scale new high of $414.784bn
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 27 (ANI): Foreign exchange reserves continued rallying for the fourth week with a new high of USD 414.784 billion USD in the week to January 19, attributable to a rise in foreign currency assets.
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Prodigee Finance granted NBFC-ND license from RBI
Updated : 8 years, 1 month ago IST
Bhopal (Madhya Pradesh) [India], Jan 24 (ANI-NewsVoir): It's quite understandable that the rules and regulations of the Reserve Bank of India make it a challenge for a new financial company to be able to offer loans. The good news, with hard work and the right kind of support it is possible
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