Search For "reserve bank of india"
LIC gets RBI approval to raise holding in IndusInd Bank to 9.99%
Updated : 4 years, 6 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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Real estate industry lauds RBI's move to maintain status quo on interest r
Updated : 4 years, 6 months ago IST
New Delhi [India], December 9 (ANI): The estate industry lauded the Reserve Bank of India's (RBI) decision to keep the interest rates unchanged for the ninth consecutive time.
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Bank unions stage dharna outside RBI office in Kerala against Banking Laws
Updated : 4 years, 6 months ago IST
Thiruvananthapuram (Kerala) [India], December 8 (ANI): Bank unions staged a dharna outside the Reserve Bank of India demanding the Centre to scrap the Banking Laws Amendment Bill 2021.
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RBI pegs GDP growth at 9.5%, inflation at 5.3% for 2021-22
Updated : 4 years, 6 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, 6 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, 6 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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Equity benchmark indices close in green; Sensex up by 886 points as all se
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], December 7 (ANI): Ahead of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting tomorrow, the Indian equity market closed in the green on Tuesday as all sectors gained.
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RBI may keep policy rates steady amid Omicron scare
Updated : 4 years, 6 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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Proposed bill on cryptocurrency evokes wide interest, stakeholders pitch f
Updated : 4 years, 7 months ago IST
New Delhi [India], December 4 (ANI): The bill concerning cryptocurrency is among the most keenly awaited new bills to be introduced in the winter session of parliament with the government intending to create a facilitative framework for the creation of the official digital currency to be i
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Reliance Capital welcomes RBI's decision, blames complexity of litigation
Updated : 4 years, 7 months ago IST
New Delhi [India], November 30 (ANI): Reliance Capital Limited welcomed the Reserve Bank of India's (RBI) decision to resolve the company's debt in accordance with the Insolvency and Bankruptcy (IBC) Code.
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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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