Search For "reserve bank of india 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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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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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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PSBs to levy service tax to IMPS, UPI on NEFT transactions above Rs. 1000
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec 21 (ANI): In line with the Central Government's objective of promotion of payments through cards and digital means over payments in cash, the Reserve Bank of India (RBI) has recently rationalized customer charges for transactions up to Rs. 1000 settled on Immediat
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RBI takes U-turn, withdraws Rs. 5000 old note-deposit restriction
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec 21 (ANI): The Reserve Bank of India (RBI) on Wednesday partially reversed the rule that restricted people from depositing over Rs. 5000 in old banknotes more than once till December 30.
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Chidambaram's argument shows total bankruptcy of Congress thinking: B
Updated : 8 years, 7 months ago IST
Kolkata (West Bengal) [India], Dec. 20 (ANI): The Bharatiya Janata Party (BJP) on Tuesday alleged former finance minister P. Chidambaram's assertion that the Reserve Bank of India (RBI) keeps making new rules on deposits post demonetisation and Finance Minister Arun Jaitley contradicts
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