Search For "rbi"
India's export of software services rise by 10.3 pct in 2016-17
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 9 (ANI): The Reserve Bank of India (RBI) in its recently released annual survey on "computer software and information technology enabled services (ITES) exports" has said that India' s total export of software services increased by 10.3 percent to USD 97.1 billion.
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Issue price of sovereign gold bonds fixed at Rs. 2,890
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 8 (ANI): The issue price for the next subscription period of the Series III of Sovereign Gold Bonds 2017-18 has been fixed at Rs. 2, 890 per gram with Settlement on December 18, 2017.
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Experts echo RBI sentiments of high risk amid Bitcoin rally
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 7 (ANI): With high demand driving the prices of Bitcoin to record heights worldwide, cryptocurrency experts and the Reserve Bank of India have reiterated concerns involved in the investment in highly volatile market of Bitcoins.
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True Balance launches mobile wallet service; ventures into fintech busines
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 7 (ANI): True Balance, one of the top applications in the lifestyle category on Google Play Store added a mobile wallet feature today, marking its entry into the fintech business in India.
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RBI caps merchant discount rates to boost debit card transactions
Updated : 8 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 6 (ANI): In a bid to boost transactions using debit cards, and digitisation on the whole, the Reserve Bank of India (RBI) on Wednesday has capped merchant discount rate (MDR) and will create a framework for asset-light acceptance infrastructure.
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Banking system liquidity moving towards neutrality: RBI Dy Gov
Updated : 8 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 6 (ANI): Reserve Bank of India (RBI) Deputy Governor Viral Acharya on Wednesday highlighted that as far as the present condition is concerned, the banking system liquidity is moving towards neutrality.
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Bank recapitalisation plan a reform and recap package: RBI Guv
Updated : 8 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 6 (ANI): The Reserve Bank of India (RBI) Governor Dr Urjit Patel hailed the recently-announced bank recapitalisation plan as a "reform and recap package", adding that the move will give a much-needed impetus to credit growth in the economy.
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RBI holds rates after hinting possibility of fiscal slippages
Updated : 8 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 6 (ANI): Reserve Bank of India (RBI) Governor Dr Urjit Patel on Wednesday hinted at the possibility of fiscal slippage due to farm loan waiver, partial roll back of duty on fuel and reduction in the Goods and Services Tax (GST) rates on a number of commoditi
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RBI keeps repo rate, reverse repo rate unchanged
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 5 (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 issues warning on Bitcoins, other virtual currencies
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 5 (ANI): The Reserve Bank of India (RBI) on Tuesday called on those trading in Bitcoins and other virtual currencies regarding the risks involved in the same.
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Sensex plummets 316 points to 32,832.94, Nifty at 10,121.80
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 1 (ANI): December series first Friday witnessed a steep slump in the afternoon trade as the Bombay Stock Exchange (BSE) Sensex fell down 316.41 points to 32,832.94 and National Stock Exchange (NSE) Nifty50 fell 104.70 points to 10,121.80.
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Surge in credit provisions to adversely affect PSBs' profitability
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov 27 (ANI): Credit rating body ICRA in its report released on Monday estimated the gross non-performing assets (GNPA)s of Rs. 8.8 to 9.0 trillion (10.0-10.2 percent) to peak out by end of FY 2018, as against GNPAs of 9.5 percent (Rs. 7.65 trillion) as on March 31, 2017.
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