Search For "reserve bank"
RBI lower currency limit for pilgrims visiting Gurudwara Darbar Sahib in K
Updated : 4 years, 3 months ago IST
New Delhi [India], December 16 (ANI): The Reserve Bank of India (RBI) on Wednesday permitted Indians as well as Overseas Citizens of India (OCI) cardholders going on pilgrimage to Gurdwara Darbar Sahib in Kartarpur, Pakistan through the Kartarpur Sahib Corridor to carry up to Rs 11,000.
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RBI imposes Rs.1.8 crore penalty on PNB
Updated : 4 years, 3 months ago IST
Mumbai (India), December 15 (ANI): The Reserve Bank of India (RBI) on Wednesday imposed Rs.1.8 crore monetary penalty on Punjab National Bank (PNB) for 'deficiencies in regulatory compliance'.
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RBI introduces prompt corrective action framework for NBFCs
Updated : 4 years, 3 months ago IST
Mumbai (India), December 14 (ANI): The Reserve Bank of India (RBI) on Tuesday issued the Prompt Corrective Action (PCA) framework for Non-Banking Financial Companies (NBFCs).
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RBI Governor cautions depositors to be careful while chasing high returns
Updated : 4 years, 3 months ago IST
New Delhi [India], December 12 (ANI): Reserve Bank of India Governor Shaktikanta Das on Sunday warned the depositors to be careful while chasing high returns as it comes with higher risk.
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India can become 'gross driver' of world economy if stakeholders in bankin
Updated : 4 years, 3 months ago IST
New Delhi [India], December 12 (ANI): Reserve Bank of India Governor Shaktikanta Das on Sunday said that the country can become a "gross driver" of the world economy if all stakeholders in the banking sector work together.
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Growth-inflation balance, Das has his task cut in 2nd term as RBI Gov
Updated : 4 years, 3 months ago IST
New Delhi (India), December 11 (ANI): Shaktikanta Das has become the first Reserve Bank of India (RBI) Governor to get a second term since Narendra Modi-led government came into power in 2014.
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LIC gets RBI approval to raise holding in IndusInd Bank to 9.99%
Updated : 4 years, 3 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, 3 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, 3 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, 3 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, 3 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, 3 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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