Search For "reserve bank of india"
RBI cautions public against buying, selling of old banknotes, coins
Updated : 4 years, 11 months ago IST
New Delhi [India], August 4 (ANI): The Reserve Bank of India (RBI) on Wednesday cautioned the public to not fall prey to fictitious offers of buying or selling of old banknotes and coins.
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IndusInd Bank gets empanelled as agency bank to RBI
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], August 3 (ANI): Private sector lender IndusInd Bank said on Tuesday it has been empanelled by the Reserve Bank of India (RBI) as an agency bank to facilitate transactions related to government businesses.
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Personal loans sector records accelerated growth of 11.9 pc: RBI
Updated : 4 years, 11 months ago IST
New Delhi [India], July 30 (ANI): Personal loans registered an accelerated growth of 11.9 per cent in June 2021 as compared to 10.4 per cent recorded last year, according to data released by the Reserve Bank of India (RBI) on Friday.
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Duped of Rs 14 lakh, man moves SC seeking directions for Centre, RBI other
Updated : 4 years, 11 months ago IST
New Delhi [India], July 29 (ANI): After being allegedly duped online to the tune of Rs 14 lakh, an Uttar Pradesh man has moved the Supreme Court seeking appropriate directions for the Centre, Reserve Bank of India and other banks to deal with an increasing number of online frauds.
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RBI imposed restrictions on Mastercard from onboarding new customers from
Updated : 4 years, 11 months ago IST
New Delhi [India], July 14 (ANI): Reserve Bank of India (RBI) on Wednesday imposed restrictions on Mastercard from onboarding new domestic customers (debit, credit or prepaid) onto its network from July 22 for non-compliance with 'directions on Storage of Payment System Data'.
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Benefit from the renewal facility offered by Bajaj Finance Online FD
Updated : 4 years, 11 months ago IST
Pune (Maharashtra) [India], July 12 (ANI/NewsVoir): The Reserve Bank of India (RBI) on Friday, July 2, made some noteworthy changes regarding the interest on the amount left unclaimed with the bank after a term deposit (TD)/Fixed Deposit (FD) matures. According to the new rules if a customer
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'We are in process to setup small finance bank which will take over PMC Ba
Updated : 4 years, 11 months ago IST
New Delhi [India], July 12 (ANI): The Reserve Bank of India on Monday said it has given "in-principle" approval to one Centrum Financial Services Ltd (CFSL) to set up a small finance bank (SFB), which will take over the beleaguered Punjab and Maharashtra Cooperative Bank (PMC Bank) very s
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RBI issues advisory to banks emphasising need for preparedness for transit
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 8 (ANI): The Reserve Bank of India (RBI) on Thursday issued an advisory to banks and other RBI-regulated entities emphasizing the need for preparedness for the transition away from the London Interbank Offered Rate (LIBOR).
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RBI imposes penalties on SBI, 13 banks for violation of rules
Updated : 4 years, 11 months ago IST
New Delhi [India], July 8 (ANI): The Reserve Bank of India (RBI) on Tuesday imposed a monetary penalty on fourteen banks, including the State Bank of India (SBI) and Bank of Baroda (BOB) for violation of various rules.
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RBI to conduct Rs 20,000 crore bond purchase on July 8
Updated : 4 years, 12 months ago IST
Mumbai (Maharashtra) [India], July 6 (ANI): The Reserve Bank of India (RBI) will conduct open market purchase of government bonds worth Rs 20,000 crore under the G-sec Acquisition Programme (G-SAP 2.0) on July 8.
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India's current account balance records deficit of USD 8.1 billion for Mar
Updated : 5 years ago IST
New Delhi [India], June 30 (ANI): India's current account balance (CAB) recorded a deficit of USD 8.1 billion for the fourth quarter of the financial year 2020-21, which is 1 per cent of the Gross Domestic Product (GDP), according to data released by Reserve Bank of India on Wednesday.
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S&P lowers India FY22 GDP growth forecast to 9.5 pc
Updated : 5 years ago IST
Singapore, June 24 (ANI): S&P Global Ratings on Thursday revised its GDP growth forecast for India to 9.5 per cent for the fiscal year ending March 31, 2022 due to a severe Covid-19 pandemic wave.
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