Search For "reserve bank"
RBI files application for bankruptcy proceedings against DHFL
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 30 (ANI): The Reserve Bank of India (RBI) has filed an application to initiate insolvency proceedings against mortgage lender Dewan Housing Finance Ltd (DHFL).
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ONGC issues $300 million notes maturing in Dec 2029
Updated : 6 years, 3 months ago IST
New Delhi [India], Nov 28 (ANI): Oil and Natural Gas Corporation (ONGC) said on Thursday it has issued 300 million dollar notes at a coupon of 3.375 per cent per annum payable semi-annually in arrears.
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Enabling resolution of finance companies under IBC credit positive for ban
Updated : 6 years, 3 months ago IST
Singapore, Nov 25 (ANI): Inclusion of non-bank finance institutions (NBFIs) in the Insolvency and Bankruptcy Code (IBC) 2016 is credit positive for banks, Moody's Investors Service said on Monday.
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RBI appoints advisory panel to assist administrator of DHFL
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 22 (ANI): The Reserve Bank of India (RBI) on Friday appointed a three-member advisory committee to assist R Subramaniakumar, the former Managing Director and CEO of Indian Overseas Bank who recently took over the administrator for Dewan Housing Finance Corpo
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Mukhtar Abbas Naqvi slams Congress for criticising electoral bonds
Updated : 6 years, 3 months ago IST
New Delhi [India], Nov 22 (ANI): Union Minister for Minority Affairs Mukhtar Abbas Naqvi on Friday slammed Congress for accusing the Centre of covering up corruption through the introduction of electoral bonds scheme and said that the Congress party never favoured transparency in the elector
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Bank of Baroda denies allegations of corruption in South Africa operations
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 22 (ANI): Bank of Baroda (BoB) has denied allegations by British Labour Party politician that the bank facilitated corruption in South Africa under the rule of former President Jacob Zuma.
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New LCR framework to strengthen NBFCs' liability profile: Ind-Ra
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 21 (ANI): New guidelines on liquidity risk management (LCR) announced by the Reserve Bank of India (RBI) for non-banking finance companies (NBFCs) including core investment companies (CICs) will increase discipline in liquidity maintenance and improve transp
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RBI supersedes DHFL board, to initiate insolvency proceedings
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 20 (ANI): The Reserve Bank of India (RBI) on Wednesday superseded the board of beleaguered Dewan Housing Finance Corporation Limited (DHFL) as it "intends to shortly" initiate the process of insolvency.
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Withdrawal limit should be increased: Eknath Gaikwad on PMC Bank crisis
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 19 (ANI): Congress leader Eknath Gaikwad on Tuesday wrote a letter to Maharashtra Governor Bhagat Singh Koshyari over the PMC Bank crisis and suggested that the Reserve Bank of India should increase the withdrawal limit to Rs 2 lakh per month for saving acco
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RBI files affidavit in Bombay HC on pleas challenging withdrawal limit imp
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 19 (ANI): The Reserve Bank of India (RBI) on Tuesday filed a detailed affidavit in the Bombay High Court on a batch of petitions filed by the depositors of the Punjab & Maharashtra Co-operative Bank (PMC) challenging the limit imposed by it on the withdrawal
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New RBI nominee on the board of Lakshmi Vilas Bank
Updated : 6 years, 4 months ago IST
Chennai (Tamil Nadu) [India], Nov 19 (ANI): Troubled private sector lender Lakshmi Vilas Bank (LVB) said on Tuesday that Sundaram Shankar, General Manager at the Reserve Bank of India (RBI) Hyderabad regional office, has been appointed as additional director on the board for a period of two
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NSE facilitates primary subscription for retail investors in SDL auctions
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 18 (ANI): National Stock Exchange of India Ltd (NSE) on Monday introduced facilitation of subscription in state development loans (SDLs) through its e-Gsec platform to enable retail participation through the non-competitive bidding route.
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