Search For "reserve bank"
India's current account deficit rises to USD 23 billion in Q3 of 2021-22
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], March 31 (ANI): India's current account deficit (CAD) surged to USD 23 billion in the third quarter of 2021-22 from USD 9.9 billion in the previous quarter and USD 2.2 billion recorded in October-December 2020 period, the Reserve Bank of India (RBI) data showed
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US growth seen capped at 2.5 pc next 2 years as inflation runs 'too high':
Updated : 3 years, 11 months ago IST
Washington [US], March 29 (ANI/Sputnik): US economic growth is expected to be capped at 2.5 per cent over the next two years due to inflation, which is currently "running too high," Federal Reserve Bank of Philadelphia President Patrick Harker said on Tuesday.
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India's forex reserves slump by another $2.59 billion
Updated : 3 years, 12 months ago IST
Mumbai (Maharashtra) [India], March 26 (ANI): India's foreign exchange (forex) reserves dipped by $2.59 billion in the week ended March 18, recording a sharp drop for the second consecutive week as the Reserve Bank of India (RBI) heavily sold dollars to prevent slide in the value of rupee
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RBI cancels license of Kanpur-based People's Co-operative Bank
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 21 (ANI): The Reserve Bank of India (RBI) on Monday said it has cancelled the license of Kanpur-based People's Co-operative Bank Limited as the bank does not have adequate capital and earning prospects.
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COVID-related relief measures have sunset date: RBI Governor
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 21 (ANI): All COVID-related liquidity relief measures extended by the central bank have come with a sunset date and would be withdrawn in due course, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday.
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India's forex reserves dip by $9.64 billion, the biggest drop in 2 years
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 19 (ANI): India's foreign exchange (forex) reserves declined by $9.646 billion to $622.275 billion in the week ended March 11, the sharpest decline in nearly two years, as the Reserve Bank of India (RBI) heavily sold dollars to prevent the slide in the val
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Paytm shares hit new all-time low; tumble 20 per cent in 2 days
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 15 (ANI): The share price of Paytm's parent company One 97 Communications Ltd dipped by another 10 per cent on Tuesday hitting a new all-time low.
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Paytm shares slump 13 per cent after RBI's restrictions on payments bank
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 14 (ANI): Share price of Paytm's parent company, One 97 Communications Ltd, slumped by around 13 per cent to hit an all-time low on Monday after the Reserve Bank of India (RBI) barred Paytm Payments Bank from onboarding new customers.
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HDFC Bank surges 3.25 per cent after RBI lifts restrictions from the bank'
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 14 (ANI): The share price of HDFC Bank surged 3.25 per cent on Monday after the Reserve Bank of India (RBI) lifted all the restrictions imposed on the lender regarding its business-generating activities under a programme called Digital 2.0.
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RBI lifts restrictions on HDFC Bank's new digital launches
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 12 (ANI): HDFC Bank on Saturday said the Reserve Bank of India (RBI) has lifted all the restrictions imposed on the lender regarding its business-generating activities under a programme called Digital 2.0.
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India's forex reserves rise by $394 million to $631.92 billion
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 12 (ANI): India's foreign exchange (forex) reserves rose by $394 million to $631.92 billion in the week ended March 4 led by a sharp jump in foreign currency assets, the Reserve Bank of India (RBI) data showed.
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RBI bars Paytm Payments Bank from onboarding new customers
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 11 (ANI): The Reserve Bank of India (RBI) on Friday said it has banned Paytm Payments Bank from onboarding new customers with immediate effect.
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