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RBI fines 4 PSU banks for deficiencies in regulatory compliance
Updated : 7 years, 4 months ago IST
Mumbai (Maharashtra) [India], Feb 13 (ANI): The Reserve Bank of India (RBI) has imposed penalties on four public sector banks for non-compliance of its various directions.
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RBI cuts lending rates by 25 basis points; GDP growth projected at 7.4 pc
Updated : 7 years, 5 months ago IST
Mumbai, Feb 7 (ANI): The Reserve Bank of India (RBI) lowered interest rates on Thursday and shifted its stance from 'calibrated tightening' to 'neutral' after factoring in sliding inflation rate.
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RBI cuts repo rate by 25 basis points, shifts stance to 'neutral'
Updated : 7 years, 5 months ago IST
Mumbai, Feb 7 (ANI): The Reserve Bank of India (RBI) lowered interest rates on Thursday and shifted its stance from 'calibrated tightening' to 'neutral' after factoring a sharp fall in inflation rate.
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RBI cuts repo rate by 25 basis points, first cut since Aug 2017
Updated : 7 years, 5 months ago IST
Mumbai, Feb 7 (ANI): The Reserve Bank of India (RBI) reduced repo rate by 25 basis points to 6.25 per cent on Thursday in a bid to boost lending and fuel growth before the general elections due to April.
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Markets open on cautious note ahead of RBI policy
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): Stock markets opened on a cautious note on Thursday as the Reserve Bank of India (RBI) prepared to announce its decision on repo rate.
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Equities surge in afternoon trading, Sensex closes 358 points higher
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Feb 6 (ANI): Key benchmarks Sensex and Nifty surged by nearly 1 per cent on Wednesday and ended higher for fifth consecutive session with optimism over the possibility of a rate cut by Reserve Bank of India (RBI).
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Courts, RBI, Niti Aayog, CBI have lost their prestige in past few years: S
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Feb 5 (ANI): In another attack on the Prime Minister Narendra Modi-led government, Shiv Sena on Tuesday said that with the Centre taking control of various institutions in the county, the courts, Reserve Bank of India (RBI), the Niti Aayog and Central Bureau
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Lendbox receives NBFC - peer-to-peer (P2P) certification from RBI
Updated : 7 years, 5 months ago IST
New Delhi [India], Feb 1 (ANI)[NewsVoir]: Delhi based P2P Lending platform, Lendbox has received its NBFC - Peer-to-Peer (P2P) certification from the RBI. NBFC-P2P is a new class of NBFCs, for non-banking institutions which carry on the business of Peer to Peer Lending in adherence to the
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RBI governor meets PSU bank chiefs
Updated : 7 years, 5 months ago IST
New Delhi, Jan 28 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das met heads of public sector banks on Monday ahead of the monetary policy review, to gain an understanding of current banking sector, which is facing massive non-performing assets.
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SC notice to RBI on contempt plea for not disclosing information under RTI
Updated : 7 years, 5 months ago IST
New Delhi, Jan 25 (ANI): The Supreme Court on Friday issued a notice to the Reserve Bank of India (RBI) on two contempt petitions filed against it for not complying with the apex court’s direction to disclose information under the Right to Information (RTI) Act.
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RBI monetary policy meeting on February 7
Updated : 7 years, 5 months ago IST
Mumbai, Jan 24 (ANI): The Reserve Bank of India (RBI) will decide on February 7 whether there are inflationary pressures in the economy and if interest rates need to be trimmed.
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RBI imposes monetary penalty of Rs 10 million on Bajaj Finance Ltd
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Jan 14 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs. 10 million on Bajaj Finance Limited for violation of Fair Practices Code.
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