Search For "rbi"
Delhiites cheer as RBI launches Rs.500 notes
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov. 13 (ANI): With an aim to provide immediate relief to Delhiites from cash-crunch and scarcity of lower denominated currencies, the Reserve Bank of India issued a new series of Rs.500 notes on Sunday evening.
Read More
Enough cash available at banks, don't be anxious: RBI
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov. 13 (ANI): In a bid to calm fears around currency shortage, the Reserve Bank of India (RBI) on Sunday said there is enough cash available in small denominations at banks, adding that the people must not be anxious and need not come over to banks repeatedly to draw and
Read More
RBI approves Kotak Mah Bank to open its overseas branch in Dubai
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov 11 (ANI): India's fourth largest private sector bank Kotak Mahindra today announced its receiving an approval by the Reserve Bank of India (RBI) to set up its branch in Dubai International Financial Centre (DIFC), Dubai.
Read More
RBI asks Nepal Rastra Bank to provide details about Indian currency
Updated : 8 years, 7 months ago IST
Kathmandu [Nepal], Nov. 11 (ANI): The Nepal Rastra Bank (NRB) has been asked by the Reserve Bank of India (RBI) to provide details of the stock of Indian currency in denominations of Rs.500 and Rs.1,000 in the Nepali financial system.
Read More
PM Modi's demonetization move puts a Chennai wedding on hold!
Updated : 8 years, 7 months ago IST
Chennai [India], Nov. 10 (ANI): People in Chennai queued up in large numbers outside the Reserve Bank of India (RBI) to exchange Rs 500 and Rs 1,000 currency notes.
Read More
RBI appoints M Rajeshwar Rao as new Executive Director
Updated : 8 years, 7 months ago IST
Mumbai [India], Nov.10 (ANI): The Reserve Bank has appointed M Rajeshwar Rao as Executive Director following G Mahalingam's decision to take voluntary retirement.
Read More
RBI to launch new Rs. 500, Rs. 2,000 notes from today
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov. 10 (ANI): The Reserve Bank of India (RBI) will launch new Rs. 500 and Rs. 2,000 currency notes from today.
Read More
Banning of high denomination notes will combat terror financing: RBI
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov. 8 (ANI): The Reserve Bank of India (RBI) on Tuesday asserted that Prime Minister Narendra Modi-led NDA government's endeavour to ban Rs. 500 and Rs. 1000 notes have been taken to combat the misuse of high denomination notes for terror financing and for leaching t
Read More
Forensic auditor investigating debit card data breach, says RBI
Updated : 8 years, 7 months ago IST
Mumbai [India], Oct.25 (ANI): The Reserve Bank of India (RBI) has said that a forensic auditor is investigating the debit card data breach affecting Indian banking system under Payment Card Industry Data Security Standard (PCI-DSS) framework.
Read More
Indian banks' loans rose 10.4 pct in two weeks to Sept. 30, says RBI
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct 15 (ANI): The Reserve Bank of India (RBI) in its weekly statistical supplement released on Friday noted that Indian banks' loans rose 10.4 percent in two weeks to September 30 from a year earlier.
Read More
RBI to cut more rates next year, says CLSA's Wood
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct. 14 (ANI): The Reserve Bank of India's decision in the credit policy to cut the repo rate by 25 basis points and lower the target for real interest rate suggests that significantly easier monetary policy is coming, says Chris Wood, the author of CLSA's newsle
Read More
Reserve Bank expecting only first cut reporting from banks, says ED, RBI
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct 7 (ANI): The Reserve Bank of India (RBI) is expecting a rough, first cut reporting from banks vis-a-vis proforma Ind AS (Indian Accounting Standards) financial statements for the half year ending September by November 30 to ascertain the difficulties and problems faced
Read More