Search For "reserve bank"
Equity benchmark indices close in green; Sensex up by 886 points as all se
Updated : 4 years, 3 months ago IST
Mumbai (Maharashtra) [India], December 7 (ANI): Ahead of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting tomorrow, the Indian equity market closed in the green on Tuesday as all sectors gained.
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RBI may keep policy rates steady amid Omicron scare
Updated : 4 years, 3 months ago IST
New Delhi (India), December 7 (ANI): The Reserve Bank of India (RBI) is expected to maintain a status quo on key rates in its bi-monthly policy review to be announced on Wednesday as Omicron, a new strain of Coronavirus, adds to the economic uncertainties.
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Proposed bill on cryptocurrency evokes wide interest, stakeholders pitch f
Updated : 4 years, 3 months ago IST
New Delhi [India], December 4 (ANI): The bill concerning cryptocurrency is among the most keenly awaited new bills to be introduced in the winter session of parliament with the government intending to create a facilitative framework for the creation of the official digital currency to be i
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Insolvency proceedings against Reliance Capital begin; RBI files applicati
Updated : 4 years, 3 months ago IST
New Delhi [India], December 3 (ANI): The Reserve Bank on Thursday filed an application for the initiation of the Corporate Insolvency Resolution Process (CIRP) against Reliance Capital under sections of Insolvency and Bankruptcy Code, 2016 at the Mumbai Bench of the National Company Law Trib
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Reliance Capital welcomes RBI's decision, blames complexity of litigation
Updated : 4 years, 3 months ago IST
New Delhi [India], November 30 (ANI): Reliance Capital Limited welcomed the Reserve Bank of India's (RBI) decision to resolve the company's debt in accordance with the Insolvency and Bankruptcy (IBC) Code.
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RBI imposes Rs 1 crore penalty on Union Bank of India for non-compliance w
Updated : 4 years, 3 months ago IST
New Delhi [India], November 29 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on the Union Bank of India (UBI) for non-compliance with certain provisions of its directions relating to fraud classification and reporting and sale of stressed assets.
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RBI supersedes Reliance Capital board, to start insolvency process
Updated : 4 years, 3 months ago IST
New Delhi [India], November 29 (ANI): The Reserve Bank of India (RBI) on Monday superseded the board of directors of Reliance Capital Ltd (RCL) in view of the defaults by the company in meeting various payment obligations to its creditors and "serious governance concerns which the Board has
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RBI imposes monetary penalty on State Bank of India
Updated : 4 years, 3 months ago IST
Mumbai (Maharashtra) [India], November 27 (ANI): The Reserve Bank of India (RBI) by an order dated November 16 has imposed a monetary penalty of Rs 1 crore on the State Bank of India for contravention of section 19 (2) of the Banking Regulation Act, 1949 (the Act), informed RBI.
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Delhi police arrests man for cheating investors
Updated : 4 years, 4 months ago IST
New Delhi [India], November 19 (ANI): Delhi Police Economic Offences Wing has arrested one for allegedly cheating innocent investors of their money after inducing them to invest in his company and promising assured returns.
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India has potential to grow at reasonably high pace in post-pandemic scena
Updated : 4 years, 4 months ago IST
Mumbai (Maharashtra) [India], November 16 (ANI): India has the potential to grow at a reasonably high pace in the post-pandemic scenario, said Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday.
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RBI initiatives will expand scope of investment in country: PM Modi
Updated : 4 years, 4 months ago IST
New Delhi [India], November 12 (ANI): Prime Minister Narendra Modi on Friday lauded the two innovative customer-centric initiatives of the Reserve Bank of India and said that these two schemes will expand the scope of investment in the country.
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New RBI schemes will give impetus to inclusive, responsive financial syste
Updated : 4 years, 4 months ago IST
New Delhi [India], November 12 (ANI): Reserve Bank of India Governor Shaktikanta Das on Friday said that RBI Retail Direct Scheme and Reserve Bank Integrated Ombudsman Scheme will provide further impetus to India's journey towards a more inclusive and responsive financial system.
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