Search For "reserve bank of india"
All approvals granted for setting up 'Bad Bank': SBI Chairman
Updated : 4 years, 5 months ago IST
Mumbai [India], January 28 (ANI): State Bank of India (SBI) Chairman Dinesh Kumar Khara said on Friday all the required approvals to set up the National Asset Reconstruction Company or what is popularly called a 'bad bank' has been granted, including by the Reserve Bank of India.
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RBI imposes monetary penalty on 8 cooperative banks
Updated : 4 years, 5 months ago IST
Mumbai [India], January 24 (ANI): The Reserve Bank of India (RBI) on Monday imposed penalties on eight cooperative banks due to deficiencies in regulatory compliance.
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India's forex reserves rise by $2.22 billion to $634.96 billion
Updated : 4 years, 5 months ago IST
Mumbai (Maharashtra) [India], January 22 (ANI): India's foreign exchange (forex) reserves rose by $2.229 billion to $634.965 billion for the week ended January 14, 2022, the Reserve Bank of India (RBI) data showed.
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Priority sector lending can help unlock EV financing market of INR 40,000
Updated : 4 years, 5 months ago IST
New Delhi [India], January 21 (ANI/PR Newswire): A new report by NITI Aayog, RMI, and RMI India outlines the importance of priority sector recognition for retail lending in the electric mobility ecosystem. Titled Banking on Electric Vehicles in India, the report provides considerations and r
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India's forex reserves drop by USD 878 million to USD 632.73 billion
Updated : 4 years, 5 months ago IST
Mumbai [India], January 14 (ANI): India's foreign exchange (forex) reserves fell by USD 878 million to USD 632.736 billion for the week ended January 7, 2022, the Reserve Bank of India (RBI) data showed on Friday.
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FSDC sub-committee reviews economic scenario
Updated : 4 years, 5 months ago IST
Mumbai [India], January 13 (ANI): A sub-committee of the RBI's Financial Stability and Development Council (FSDC) met under the chairmanship of Reserve Bank of India Governor Shaktikanta Das to review major developments in the global and domestic economy.
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ED attaches Rs 72.32 cr of Kudos Finance, its fintech partner firms in mon
Updated : 4 years, 5 months ago IST
New Delhi [India], January 12 (ANI): The Enforcement Directorate (ED) has attached Rs 72.32 crore lying in various bank accounts and payment gateway accounts of Kudos Finance and Investments Pvt Ltd, an Indian Non-Banking Financial Company (NBFC), and its various fintech partner companies
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Emerging economies must prepare for US Fed policy tightening: IMF
Updated : 4 years, 5 months ago IST
New Delhi [India], January 10 (ANI): High inflation and COVID-19 new variant Omicron have made the outlook for emerging markets like India more uncertain. Another big challenge for the emerging economies would come from the policy rate hike from the United States Federal Reserve.
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Deepak Kumar, Ajay Kumar Choudhary appointed as new executive directors of
Updated : 4 years, 5 months ago IST
New Delhi [India], January 5 (ANI): The Reserve Bank of India (RBI) has appointed Ajay Kumar Choudhary and Deepak Kumar as the new executive directors (ED).
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RBI releases framework for facilitating small value digital payments in of
Updated : 4 years, 6 months ago IST
Mumbai [India], January 3 (ANI): The Reserve Bank of India (RBI) on Monday released 'framework for facilitating small value digital payments in offline mode'. The central bank has put the framework on its website.
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NRIs, OCIs don't require prior approval to buy immovable property in India
Updated : 4 years, 6 months ago IST
Mumbai [India], December 29 (ANI): Non-Resident Indians (NRIs) and Overseas Citizen of India (OCIs) do not require prior approval of the Reserve Bank of India (RBI) for buying or selling immovable properties like houses in India, the central bank said on Wednesday.
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Inflation, Omicron major risks to Indian economy: RBI
Updated : 4 years, 6 months ago IST
Mumbai [India], December 29 (ANI): Inflation and COVID-19 new variant Omicron pose major challenges to the Indian economy, the Reserve Bank of India (RBI) said on Wednesday.
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