Mangaluru (Karnataka) [India], February 19 (ANI): Karnataka Bank has reported to the Reserve Bank of India a fraud in its credit facilities extended to IL&FS Transportation Networks Ltd with an outstanding balance of Rs 34.16 crore.
New Delhi [India], February 16 (ANI): The Central Board of Directors of Reserve Bank of India (RBI) in a meeting on Tuesday reviewed the current economic situation, global and domestic challenges and various areas of operations of the apex bank.
Pune (Maharashtra) [India], February 16 (ANI/BusinessWire India): Since the Reserve Bank of India's announcements to boost liquidity and ease financial stress, financial institutions would now need to increase rates on conventional investment options like saving accounts or fixed deposit rat
Mumbai (Maharashtra) [India], February 15 (ANI): The Reserve Bank of India (RBI) said on Monday that it will conduct simultaneous sale and purchase of government bonds under special open market operations (OMOs) on February 25.
Mumbai (Maharashtra) [India], February 8 (ANI): The Reserve Bank of India (RBI) said on Monday it plans to buy bonds worth Rs 20,000 crore through open market operations (OMOs) to support the government's borrowing programme.
Singapore, February 8 (ANI): The Reserve Bank of India (RBI) guidelines for non-banking finance companies (NBFCs) to implement a risk-based internal audit framework in line with banks is credit positive, Moody's Investors Service said on Monday.
Washington [US], February 7 (ANI): The Federal Reserve Bank of New York has said that Daleep Singh, the Head of the Markets Group at the bank is set to join US President Joe Biden's administration as deputy national security adviser.
Mumbai (Maharashtra) [India], February 5 (ANI): Equity benchmark indices closed higher on Friday but off the record levels of early session as the Reserve Bank of India (RBI) kept key interest rates unchanged and maintained accommodative stance.
Mumbai (Maharashtra) [India], February 5 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday that the central bank is awaiting a formal proposal on the proposed bad bank.
Mumbai (Maharashtra) [India], February 5 (ANI): The Reserve Bank of India (RBI) on Friday kept the repo rate and reverse repo rate unchanged at 4 per cent and 3.35 per cent respectively while continuing the accommodative stance.
Mumbai (Maharashtra) [India], February 5 (ANI): The Reserve Bank of India's (RBI) Monetary Policy Committee has voted unanimously to keep the policy repo rate unchanged at 4 per cent, said RBI Governor Shaktikanta Das on Friday.
Mumbai (Maharashtra) [India], February 5 (ANI): The rally at bourses continued during early hours on Friday as the Reserve Bank of India (RBI) kept key interest rates unchanged.