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RBI appoints Sitikantha Pattanaik, Rajiv Ranjan as executive directors
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 13 (ANI): The Reserve Bank of India (RBI) on Friday said it has appointed Rajiv Ranjan and Sitikantha Pattanaik as executive directors with effect from May 1, 2022.
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RBI's repo rate hike part of synchronised event globally: Finance Minister
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], May 7 (ANI): Union Finance Minister Nirmala Sitharaman on Saturday said the recent decision of the Reserve Bank of India (RBI) to hike key policy interest rates is a part of the synchronised event by the central banks globally.
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HDFC raises interest rate on home loans by 0.30 per cent
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], May 7 (ANI): Just three days after the Reserve Bank of India (RBI) hiked the policy repo rate, the country's largest mortgage lender Housing Development Finance Corporation (HDFC) on Saturday announced 0.30 per cent increase in its home loans.
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Sensex tumbles 1307 points after RBI's surprise 0.40 per cent repo rate hi
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], May 4 (ANI): The Indian stock markets' key indices, Sensex and Nifty, slumped by more than two per cent on Wednesday after the Reserve Bank of India (RBI) made a surprise announcement to hike policy repo rate by 0.40 per cent.
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RBI raises repo rate by 40 basis points to 4.40 pc with immediate effect
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], May 4 (ANI): In a surprise move, the Reserve Bank of India (RBI) on Wednesday increased the policy repo rate by 40 basis points to 4.40 per cent with immediate effect.
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India's forex reserves slide to $600.42 billion; 7th straight weekly fall
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 30 (ANI): India's foreign exchange (forex) reserves dipped by $3.27 billion to $600.42 billion for the week ended April 22, registering the seventh straight week of fall, as the Reserve Bank of India (RBI) appears to keep selling dollars to prevent a slide
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It may take 12 years for Indian economy to overcome COVID losses: RBI
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 29 (ANI): The Indian economy is likely to take over 12 years to overcome the COVID-19 losses, according to a report released by the Reserve Bank of India (RBI) on Friday.
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RBI imposes Rs 1.12 crore monetary penalty on Bank of Maharashtra
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 25 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 1.12 crore on Bank of Maharashtra for non-compliance with certain directions related to Know Your Customer (KYC).
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RBI imposes monetary penalty on Central Bank of India
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 22 (ANI): The Reserve Bank of India (RBI) on Friday said it has imposed a monetary penalty of Rs 36 lakh on the Central Bank of India for non-compliance with certain regulatory directions.
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RBI launches quarterly industrial outlook survey
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 22 (ANI): The Reserve Bank of India (RBI) on Friday said it has launched the 98th round of the quarterly industrial outlook survey of the country's manufacturing sector for the reference period April-June 2022.
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RBI imposes monetary penalty on Manappuram Finance for non-compliance of K
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 18 (ANI): The Reserve Bank of India (RBI) said on Monday it has imposed a monetary penalty of Rs 17.63 lakh on Manappuram Finance Limited for non-compliance of norms related to Know Your Customer (KYC) and Prepaid Payment Instruments (PPIs).
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In 5th straight weekly fall, India's forex reserves dip by $2.47 billion
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 16 (ANI): India's foreign exchange (forex) reserves dipped by $2.47 billion in the week ended April 8, registering the fifth straight week of fall, as the Reserve Bank of India (RBI) appears to keep selling dollars to prevent a slide in the value of rup
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