Search For "reserve bank"
RBI panel recommends revision of loan limit for MSME
Updated : 6 years, 7 months ago IST
New Delhi [India], July 25 (ANI): A committee constituted by the Reserve Bank of India (RBI) has recommended that limit for collateral-free lending should be increased to Rs 20 lakh for micro, small and medium enterprises (MSMEs) and self-help groups (SHGs).
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RBI Governor launches 'Utkarsh 2022' to evolve better economic environment
Updated : 6 years, 7 months ago IST
New Delhi [India], July 23 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday launched -- Utkarsh 2022 - the central bank's medium-term strategy framework in line with the evolving macroeconomic environment to achieve excellence in the performance of its mandates and stre
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Jalan panel report on surplus RBI reserve finalised: official
Updated : 6 years, 8 months ago IST
New Delhi [India], July 17 (ANI): A committee set up to review the Reserve Bank of India's (RBI) economic capital framework has finalised its report and will submit it to the central bank soon, a senior official said on Wednesday.
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Sensex closes above 39,000 mark, Yes Bank gains 14 pc
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 16 (ANI): Equity traded with a positive bias on Tuesday as investors shrugged off trade data release a day earlier while hoping for an additional interest rate cut by the Reserve Bank of India (RBI) next month.
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RBI imposes penalty of Rs 7 crore on SBI for regulatory lapses
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 16 (ANI): The Reserve Bank of India (RBI) has imposed a penalty of Rs 7 crore on State Bank of India for non-compliance of directions.
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Allahabad Bank stock drops 10 pc after reports of Rs 1,775 crore fraud by
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 15 (ANI): Shares of government-owned Allahabad Bank slumped over 10 per cent in morning trade on Monday after the bank reported a fraud of Rs 1,775 crore by Bhushan Power and Steel Limited (BPSL) to the Reserve Bank of India (RBI).
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SBI waives off NEFT, RTGS charges to boost e-transactions
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 12 (ANI): State Bank of India on Friday announced waiving off charges on IMPS, NEFT and RTGS transactions through internet and mobile banking after the Reserve Bank of India decided to do so in a bid to move the country towards a less-cash economy.
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Banks more risk-tolerant in housing loans but affordability worsened, show
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 12 (ANI): A recent survey by the Reserve Bank of India (RBI) shows that banks are getting more risk-tolerant in housing loans but affordability across the country has worsened over the past four years.
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Reliance Infrastructure inter-creditor pact signed among 16 lenders
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): Reliance Infrastructure Limited's 16 lenders have signed the inter-creditor agreement (ICA), the Anil Ambani-owned company said on Thursday, adding it aims to be debt free by next year.
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FM highlights importance of coordination between RBI and government
Updated : 6 years, 8 months ago IST
New Delhi [India], July 8 (ANI): Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Monday underscored the importance of coordination between the Reserve Bank of India (RBI) and the government.
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RBI welcomes move to bring NBFCs under its regulation: Das
Updated : 6 years, 8 months ago IST
New Delhi [India], July 8 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday it will do its best after being given the additional responsibility of supervising and regulating non-banking financial companies (NBFCs) in a bid to boost investment and lending in the econo
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Strengthening regulatory authority of RBI over NBFCs
Updated : 6 years, 8 months ago IST
New Delhi [India], July 5 (ANI): The government will strengthen regulatory authority of Reserve Bank of India (RBI) over non-banking financial companies (NBFCs), Finance Minister Nirmala Sitharaman said on Friday.
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