Search For "reserve bank"
India's foreign exchange reserves increased by USD 59.5 billion during 201
Updated : 5 years, 8 months ago IST
New Delhi [India], June 30 (ANI): The country's foreign exchange reserves increased by USD 59.5 billion during 2019-20, on a balance of payments basis (excluding valuation effects), the Reserve Bank of India said on Tuesday.
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India's current account balance records marginal surplus during Q4 of 2019
Updated : 5 years, 8 months ago IST
New Delhi [India], June 30 (ANI): India's current account balance (CAB) has recorded a marginal surplus of USD 0.6 billion, which is 0.1 per cent of GDP, in the fourth quarter i.e. January-March 2020, the Reserve Bank of India (RBI) said on Tuesday.
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India's external debt at USD 558.5 billion at end of March-2020
Updated : 5 years, 8 months ago IST
New Delhi [India], June 30 (ANI): The external debt of the country for the year ending March 2020 stood at USD 558.5 billion, the Reserve Bank of India (RBI) on Tuesday said.
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Kanimozhi writes to Sitharaman to consider waving interest on loans taken
Updated : 5 years, 9 months ago IST
New Delhi [India], June 25 (ANI): DMK MP Kanimozhi Karunanidhi wrote to Union Finance Minister over the COVID-19 Regulatory Package by the Reserve Bank of India (RBI), requesting her to consider waiving the interest amount on loans taken by women self-help groups (SHGs) for moratorium per
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1,540 cooperative banks to be brought under RBI's supervision: Prakash Jav
Updated : 5 years, 9 months ago IST
New Delhi [India], June 24 (ANI): Over 1,500 urban and multi-state cooperative banks will be brought under the supervisory power of the Reserve Bank of India (RBI), said Union Minister Prakash Javadekar on Wednesday.
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ICRA, CARE downgrade Yes Bank's rating on upper tier-2 bonds to D
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 24 (ANI): Rating agencies ICRA and CARE have downgraded Yes Bank's rating on Rs 32,611.7 crore upper tier-2 bonds to D.
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RBI sensitises people regarding the safe use of digital transactions
Updated : 5 years, 9 months ago IST
New Delhi [India], June 22 (ANI): Reserve Bank of India on Monday sensitised members of the public regarding safe usage of digital transactions and asserted that many mechanisms have been put in place to ensure the security and safety of these transactions.
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IFTAS announces the appointment of Shri T. Rabi Sankar as Chairman and Dr
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 22 (ANI/PRNewswire): IFTAS, a wholly-owned subsidiary of Reserve Bank of India announces the appointments of Shri. T Rabi Sankar as the Chairman and Dr N Rajendran as the CEO of the organization effective May 15, 2020, and May 27, 2020, respectively.
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Centre has to take a stand on issue of interest on loans during moratorium
Updated : 5 years, 9 months ago IST
New Delhi [India], June 17 (ANI): The Supreme Court on Wednesday pulled up the Central government and asked it to step up and take a stand over the issue related to charging interest on EMIs during the six month moratorium period granted in view of COVID-19 pandemic.
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RBI constitutes Internal Working Group to review extant ownership guidelin
Updated : 5 years, 9 months ago IST
New Delhi [India], June 13 (ANI): Reserve Bank of India (RBI) has constituted an Internal Working Group to review extant guidelines on ownership and corporate structure for Indian private sector banks, the apex bank said.
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SC asks RBI, finance ministry officials to decide on EMI interests during
Updated : 5 years, 9 months ago IST
New Delhi [India], June 12 (ANI): The Supreme Court on Friday asked the officials of the Finance Ministry and the Reserve Bank of India (RBI) to convene a joint meeting within three days to decide whether interest on EMIs during the six month moratorium period can be charged by banks or n
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RBI calls on credit rating agencies to gather views on economy
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 11 (ANI): Reserve Bank of India Governor Shaktikanta Das on Thursday held a meeting with chiefs of credit rating agencies to discuss the macroeconomic situation and outlook on various sectors of the economy.
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