Search For "rbi"
Petrol pumps to accepts cards till Jan. 13, Centre assures consumers
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan. 9 (ANI): With the Petrol Pumps Association deferring its decision of not accepting card payment for fuel purchase till January 13, Union Minister of Petroleum Dharmendra Pradhan on Sunday assured that the Merchant Discount Rate (MDR) imposed by the Reserve Bank of Ind
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FICCI comments on advance estimates of GDP
Updated : 8 years, 7 months ago IST
New Delhi,[India] Jan.7 (ANI):"The advance estimates for Gross Domestic Product (GDP) as well as Gross Value Added (GVA) growth for FY17 released today are in line with the estimates of the RBI, pointing towards slow growth " said Mr. Pankaj Patel, President, FICCI.
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Kerala: Tharoor hits out at RBI after being held for protesting against de
Updated : 8 years, 7 months ago IST
Trivandrum (Kerala) [India], Jan. 6 (ANI): The Kerala Police on Friday detained Congress leader Shashi Tharoor and other party leaders for protesting against demonetisation outside the RBI office here.
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RBI asks banks to increase supply of notes to rural branches
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan. 3 (ANI): In order to supply more notes to currency-starved rural branches of the banks, the Reserve bank of India (RBI) has asked its lenders to increase issuance of fresh notes at these areas.
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GST, demonetisation to have far reaching impact, says RBI governor
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan 1 (ANI): The Reserve Bank of India (RBI) governor Urjit Patel has said that the nationwide Goods and Services Tax (GST) and legislation of bankruptcy code should impart resilience to the economy.
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RBI allows NRIs to exchange defunct notes up to June 30
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan 1 (ANI): The Reserve Bank of India (RBI) has come out with conditions for exchange of defunct notes for those, including non-resident Indians, who failed to do so till Friday, the last day for depositing the invalid currency notes in banks.
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India's financial system stable, but banks remain under stress: RBI
Updated : 8 years, 7 months ago IST
Mumbai [India], Dec. 29 (ANI): Performance of the Indian banking sector remained subdued during 2015-16 year amidst rising proportion of banks' delinquent loans, consequent increase in provisioning and continued slowdown in credit growth, said Reserve Bank of India (RBI) on Thursday.
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Govt. appoints Viral Acharya as RBI deputy governor
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec 28 (ANI): The Appointments Committee of the Cabinet has approved the appointment of Viral V. Acharya as the new deputy governor of Reserve Bank of India (RBI) for a period of three years.
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RBI approves FPIs to transact in securities directly
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec 28 (ANI): The Reserve Bank of India (RBI) has eased the norms for foreign portfolio investors to transact in securities other than shares by allowing them to trade directly in such instruments.
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Not a government of Sonia Gandhi where institutions can be over ruled and
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec. 24 (ANI): Coming down heavily on former prime minister Dr. Manmohan Singh who sought to know whether the Reserve Bank of India (RBI) was given sufficient time to hold deliberations on the government's demonetisation move, the Bharatiya Janata Party (BJP) has said
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RBI's new notification is ridiculous, says bank association president
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec. 21 (ANI): The president of All India Bank Employees Association, Vishwas Utagi, on Wednesday dubbed the Reserve Bank of India's (RBI) new notification of not depositing an amount beyond Rs. 5000 as ridiculous, adding that the government is forcing bank officials
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Reserve Bank of India has now become Reverse Bank of India, mocks Congress
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec. 21 (ANI): A day after Congress vice president Rahul Gandhi mocked the Reserve Bank of India (RBI) over the constant change in its rules post demonetisation, the recent u-turn in which the Rs.5000 deposit restriction for KYC compliant accounts was withdrawn, became fod
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