Search For "reserve bank of india"
RBI removes Indian Overseas Bank from PCA framework
Updated : 4 years, 9 months ago IST
New Delhi [India], September 29 (ANI): The Reserve Bank of India (RBI) on Wednesday removed Indian Overseas Bank from its prompt corrective action (PCA) framework, subject to certain conditions and continuous monitoring.
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RBI imposes monetary penalty on RBL Bank
Updated : 4 years, 9 months ago IST
New Delhi [India], September 27 (ANI): The Reserve Bank of India (RBI) has, by an order on Monday imposed a monetary penalty of Rs 2.00 crore on RBL Bank Limited for not complying with the Banking Regulation Act, 1949.
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Punjab CM urges Centre to help the state in hassle-free procurement for Kh
Updated : 4 years, 9 months ago IST
Chandigarh (Punjab) [India], September 24 (ANI): Punjab Chief Minister S Charanjit Singh Channi on Friday requested the Centre to help the state in getting the authorization of Cash Credit Limit (CCL) for the Kharif Marketing Season (KMS), 2021-22 from Reserve Bank of India (RBI) expeditious
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Signs of global economy emerging from Covid impact: RBI Governor Das
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], Sep 22 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday the world is witnessing initial signs of recovery from the impact of coronavirus (Covid-19) pandemic.
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India, Singapore to link UPI, PayNow for faster payments
Updated : 4 years, 9 months ago IST
New Delhi [India], September 14 (ANI): The Reserve Bank of India (RBI) and the Monetary Authority of Singapore (MAS) have announced a project to link their fast payment systems -- Unified Payments Interface (UPI) and PayNow.
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RBI cautions against frauds in the name of KYC updation
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], Sep 13 (ANI): Banking regulator Reserve Bank of India (RBI) on Monday cautioned people not to share account login details, personal information, copies of KYC documents, card information, PIN, password and OTP with unidentified persons or agencies.
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RBI enhances scope for card-tokenisation services
Updated : 4 years, 9 months ago IST
New Delhi [India], September 8 (ANI): The Reserve Bank of India (RBI) on Tuesday enhanced the guidelines on card tokenisation services to improve the safety and security of the payment system.
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RBI imposes Rs 25 lakh penalty on Axis Bank
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 2 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 25 lakh on private sector lender Axis Bank for non-compliance with certain provisions of Know Your Customer (KYC) norms.
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Global economy 'not yet out of the woods', warns RBI Governor Shaktikanta
Updated : 4 years, 10 months ago IST
New Delhi [India], August 31 (ANI): Stating that there are signs of recovery, Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday warned that the global economy is "not yet out of the woods" amid the ongoing COVID-19 pandemic.
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Moody's assigns B1(hyb) to Axis Bank's proposed AT1 capital securities
Updated : 4 years, 10 months ago IST
Singapore, Aug 30 (ANI): Moody's has assigned B1(hyb) rating to Axis Bank Ltd GIFT City branch's proposed USD-denominated, undated, non-cumulative and subordinated additional tier 1 (AT1) capital securities being issued out of its global medium term note (GMTN) programme.
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Few takers for restructuring 2.0 amid demand recovery: Crisil
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], August 30 (ANI): Barely one per cent of eligible companies in the portfolio of Crisil Ratings have opted for or are contemplating the debt restructuring facility offered by the Reserve Bank of India (RBI) under its resolution framework 2.0, a survey of 4,700 com
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RBI recognise Small Finance Banks' contribution towards underserved sectio
Updated : 4 years, 10 months ago IST
New Delhi [India], August 27 (ANI): Deputy Governors of Reserve Bank of India (RBI) MK Jain and M Rajeshwar Rao held a discussion with the MD and CEOs of all eleven Small Finance Banks (SFBs) on Friday through video conference and recognised their contribution towards financial inclusion by
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