Search For "reserve bank"
Fadnavis submits memorandum to RBI Governor, requests easing of norms for
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 8 (ANI): Leader of Opposition in Maharashtra Assembly Devendra Fadnavis submitted a memorandum to Reserve bank of India Governor Shaktikanta Das, requesting easing of norms for funding under the Self-Redevelopment Scheme.
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Banking on Non-Smart or Feature Phones Now an Achievable Dream Post RBI No
Updated : 5 years, 2 months ago IST
Noida (Uttar Pradesh)[India], January 6 (ANI/BusinessWire India): The Reserve Bank of India in its recent announcement has confirmed the commencement of testing under the first cohort of Regulatory Sandbox on Retail Payments by Eroute Technologies. Digital payments, which were believed to be
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Shivalik Small Finance Bank receives commercial banking license
Updated : 5 years, 2 months ago IST
New Delhi [India], January 6 (ANI/NewsVoir): Shivalik Small Finance Bank (SSFB) announced the receipt of a license from Reserve Bank of India (RBI) to carry on banking business as a Small Finance Bank (SFB) in India.
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Petition filed in SC seeking contempt of Court proceedings against RBI Gov
Updated : 5 years, 2 months ago IST
New Delhi [India], January 4 (ANI): A petition has been filed before the Supreme Court seeking initiation of contempt of Court proceedings and punish the Reserve Bank of India (RBI) Governor, Shaktikanta Das, and officials concerned of the State Bank of India (SBI) for allegedly and wilfully
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Indian rupee to trade weaker in 2021: Fitch Solutions
Updated : 5 years, 2 months ago IST
Singapore, Jan 4 (ANI): Fitch Solutions has revised its forecast for the Indian rupee to average stronger at Rs 75.50 per US dollar in 2021 from Rs 77 previously, and Rs 77 in 2022 from Rs 79 previously to account for a stronger 2021 forecast.
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RBI to conduct simultaneous sale-purchase of govt securities on Jan 7
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 1 (ANI): The Reserve Bank of India (RBI) will conduct simultaneous purchase and sale of government securities under open market operations (OMOs) for Rs 10,000 crore each on January 7.
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Delhi HC notice to Jindal Steel on RBI's plea over transfer of money to fo
Updated : 5 years, 2 months ago IST
New Delhi [India], December 30 (ANI): The Division Bench of Delhi High Court has issued a notice to Jindal Steel and Power Ltd on a plea moved by the Reserve Bank of India challenging single judge bench order in a matter related to the JSPL's transfer of money to its foreign subsidiary.
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Covid-19 times may usher in new opportunities for banking sector: RBI
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 29 (ANI): The gross non-performing assets (GNPAs) ratio of scheduled commercial banks declined from 9.1 per cent at end-March 2019 to 8.2 per cent at end-March 2020 and further to 7.5 per cent at end-September, the Reserve Bank of India (RBI) said on Tuesday
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Economy recovering faster than expected: RBI
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 24 (ANI): The Indian economy is recovering faster than expected and may post positive growth in the third quarter of current financial year, the Reserve Bank of India (RBI) said on Thursday in its report on state of the economy.
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RBI cautions against unauthorised digital lending platforms, mobile apps
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 23 (ANI): The Reserve Bank of India (RBI) on Wednesday cautioned individuals and small businesses against falling prey to growing number of unauthorised digital lending platforms and mobile apps on promises of getting loans in quick and hassle-free manner.
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Neutral-to-positive impact of RBI's draft circular on govt-owned NBFCs: In
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 23 (ANI): The Reserve Bank of India's (RBI's) recent draft circular on declaration of dividends by non-banking financial companies (NBFCs) will have a neutral-to-positive impact on government-owned NBFCs, India Ratings and Research (Ind-Ra) said on Wedn
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SC notice on RBI's plea to transfer petitions against LVS-DBS merger to on
Updated : 5 years, 3 months ago IST
New Delhi [India], December 22 (ANI): The Supreme Court has issued a notice on the Reserve Bank of India's plea seeking to transfer all cases related to the merger of Lakshmi Vilas Bank (LVB) with DBS Bank India pending before various High Courts to one location.
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