Search For "reserve bank of india rbi"
RBI imposes Rs.1.8 crore penalty on PNB
Updated : 4 years, 6 months ago IST
Mumbai (India), December 15 (ANI): The Reserve Bank of India (RBI) on Wednesday imposed Rs.1.8 crore monetary penalty on Punjab National Bank (PNB) for 'deficiencies in regulatory compliance'.
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RBI introduces prompt corrective action framework for NBFCs
Updated : 4 years, 6 months ago IST
Mumbai (India), December 14 (ANI): The Reserve Bank of India (RBI) on Tuesday issued the Prompt Corrective Action (PCA) framework for Non-Banking Financial Companies (NBFCs).
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Growth-inflation balance, Das has his task cut in 2nd term as RBI Gov
Updated : 4 years, 7 months ago IST
New Delhi (India), December 11 (ANI): Shaktikanta Das has become the first Reserve Bank of India (RBI) Governor to get a second term since Narendra Modi-led government came into power in 2014.
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LIC gets RBI approval to raise holding in IndusInd Bank to 9.99%
Updated : 4 years, 7 months ago IST
Mumbai (India), December 10 (ANI): The country's largest insurer Life Insurance Corporation of India (LIC) has got approval from the Reserve Bank of India (RBI) to raise its holding in private lender IndusInd Bank to 9.99 per cent from the existing 4.95 per cent.
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RBI pegs GDP growth at 9.5%, inflation at 5.3% for 2021-22
Updated : 4 years, 7 months ago IST
Mumbai [India], December 8 (ANI): India's Gross Domestic Product (GDP) is expected to grow by 9.5 per cent and consumer price inflation is projected to remain at 5.3 per cent in the current financial year, the Reserve Bank of India (RBI) said on Wednesday.
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RBI keeps policy rates unchanged for 9th consecutive time
Updated : 4 years, 7 months ago IST
Mumbai [India], December 8 (ANI): Amid growing concern about the impact of the new strain of Coronavirus on the economy the Reserve Bank of India (RBI) on Wednesday stuck to its "wait and watch" policy keeping the key lending rates unchanged for the ninth consecutive time.
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RBI keeps interest rates untouched, continues accommodative stance
Updated : 4 years, 7 months ago IST
New Delhi [India], December 8 (ANI): The Reserve Bank of India (RBI) maintained a status quo on key rates, keeping the repo rate unchanged, in its bi-monthly policy review announced on Wednesday.
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RBI may keep policy rates steady amid Omicron scare
Updated : 4 years, 7 months ago IST
New Delhi (India), December 7 (ANI): The Reserve Bank of India (RBI) is expected to maintain a status quo on key rates in its bi-monthly policy review to be announced on Wednesday as Omicron, a new strain of Coronavirus, adds to the economic uncertainties.
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RBI imposes Rs 1 crore penalty on Union Bank of India for non-compliance w
Updated : 4 years, 7 months ago IST
New Delhi [India], November 29 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on the Union Bank of India (UBI) for non-compliance with certain provisions of its directions relating to fraud classification and reporting and sale of stressed assets.
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RBI supersedes Reliance Capital board, to start insolvency process
Updated : 4 years, 7 months ago IST
New Delhi [India], November 29 (ANI): The Reserve Bank of India (RBI) on Monday superseded the board of directors of Reliance Capital Ltd (RCL) in view of the defaults by the company in meeting various payment obligations to its creditors and "serious governance concerns which the Board has
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RBI imposes monetary penalty on State Bank of India
Updated : 4 years, 7 months ago IST
Mumbai (Maharashtra) [India], November 27 (ANI): The Reserve Bank of India (RBI) by an order dated November 16 has imposed a monetary penalty of Rs 1 crore on the State Bank of India for contravention of section 19 (2) of the Banking Regulation Act, 1949 (the Act), informed RBI.
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India has potential to grow at reasonably high pace in post-pandemic scena
Updated : 4 years, 7 months ago IST
Mumbai (Maharashtra) [India], November 16 (ANI): India has the potential to grow at a reasonably high pace in the post-pandemic scenario, said Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday.
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