Search For "reserve bank"
India's forex reserves slide to $600.42 billion; 7th straight weekly fall
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 30 (ANI): India's foreign exchange (forex) reserves dipped by $3.27 billion to $600.42 billion for the week ended April 22, registering the seventh straight week of fall, as the Reserve Bank of India (RBI) appears to keep selling dollars to prevent a slide
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It may take 12 years for Indian economy to overcome COVID losses: RBI
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 29 (ANI): The Indian economy is likely to take over 12 years to overcome the COVID-19 losses, according to a report released by the Reserve Bank of India (RBI) on Friday.
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RBI imposes Rs 1.12 crore monetary penalty on Bank of Maharashtra
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 25 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 1.12 crore on Bank of Maharashtra for non-compliance with certain directions related to Know Your Customer (KYC).
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Inflation worries dominated RBI's April 6-8 Monetary Policy Committee meet
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 22 (ANI): Challenges posed due to persistently high inflation dominated the Reserve Bank of India's Monetary Policy Committee meeting held during April 6-8, as per the minutes of the meeting released by the RBI on Friday.
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RBI imposes monetary penalty on Central Bank of India
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 22 (ANI): The Reserve Bank of India (RBI) on Friday said it has imposed a monetary penalty of Rs 36 lakh on the Central Bank of India for non-compliance with certain regulatory directions.
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RBI launches quarterly industrial outlook survey
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 22 (ANI): The Reserve Bank of India (RBI) on Friday said it has launched the 98th round of the quarterly industrial outlook survey of the country's manufacturing sector for the reference period April-June 2022.
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RBI imposes monetary penalty on Manappuram Finance for non-compliance of K
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 18 (ANI): The Reserve Bank of India (RBI) said on Monday it has imposed a monetary penalty of Rs 17.63 lakh on Manappuram Finance Limited for non-compliance of norms related to Know Your Customer (KYC) and Prepaid Payment Instruments (PPIs).
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In 5th straight weekly fall, India's forex reserves dip by $2.47 billion
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 16 (ANI): India's foreign exchange (forex) reserves dipped by $2.47 billion in the week ended April 8, registering the fifth straight week of fall, as the Reserve Bank of India (RBI) appears to keep selling dollars to prevent a slide in the value of rup
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RBI certifies fintech led 121 Finance as India's first NBFC-Factor, after
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 15 (ANI/PNN): 121 Finance becomes India's first fintech-led NBFC-Factor to receive the Certificate of Registration under Registration of Factors (Reserve Bank) Regulations, 2022. The NBFC-Factor addresses the most significant challenge most businesses suff
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RBI restores pre-pandemic time of money market trading
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 11 (ANI): The Reserve Bank of India (RBI) on Monday said effective from April 18 it will restore the pre-pandemic timing of 9 am for money market trading opening from the current 10 am.
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RBI may shift focus to inflation, start hiking policy rates from August
Updated : 3 years, 11 months ago IST
New Delhi [India], April 9 (ANI): The Reserve Bank of India (RBI) has maintained the policy repo rate at a record low of 4 per cent for almost the past two years in order to support economic growth, hit by COVID-19 pandemic. Although in the first policy review of the current financial yea
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There is no rupee-rouble trade platform, clarifies RB
Updated : 3 years, 11 months ago IST
New Delhi [India], April 9 (ANI): Reserve Bank of India (RBI) has clarified there is no platform to facilitate rupee-rouble trade and the central bank is in discussion with all the stakeholders in this regard.
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