Search For "reserve bank"
RBI Dy Governor Viral Acharya resigns 6 months before term ends
Updated : 6 years, 8 months ago IST
New Delhi [India], Jun 24 (ANI): Reserve Bank of India (RBI) Deputy Governor Viral Acharya has resigned six months before the scheduled end of his term, reports said on Monday.
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RBI penalises HDFC Bank for violating KYC norms
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Jun 19 (ANI): The Reserve Bank of India (RBI) has imposed a fine of Rs one crore on private sector lender HDFC Bank for violation norms relating to know-your-customer (KYC), anti-money laundering and reporting of frauds.
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RBI to focus on growth when inflation is under control: Das
Updated : 6 years, 9 months ago IST
Mussoorie (Uttarakhand) [India], June 17 (ANI): Amid global slowdown and weakening trade, the Reserve Bank of India (RBI) has been striving to boost economic growth in the country when inflation is under control, its Governor Shaktikanta Das said on Monday.
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RBI has scope for another interest rate cut due to lower WPI inflation: In
Updated : 6 years, 9 months ago IST
New Delhi [India], June 14 (ANI): India Ratings and Research (Ind-Ra) said on Friday that a key driver of lower wholesale inflation has been manufactured products where inflation declined to 1.28 per cent in May compared to 1.72 per cent in April.
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No charges for RTGS, NEFT transactions from July 1
Updated : 6 years, 9 months ago IST
New Delhi [India], June 11 (ANI): The Reserve Bank of India (RBI) on Tuesday directed banks to withdraw the charges levied on the National Electronic Funds Transfer (NEFT) and Real-Time Gross Settlement (RTGS) transactions with effect from July 1.
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RBI issues revised norms on stressed assets
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): The Reserve Bank of India (RBI) on Friday released fresh guidelines to deal with bad loans, which mandated banks to start the resolution even if there was a one-day default.
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Stocks end in the green after volatile session, pharma stocks slide
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): Equity benchmark indices oscillated between gains and losses on Friday, a day after the Reserve Bank of India (RBI) marginally reduced key interest rates and serious funding challenges appeared to cripple non-bank financial institutions.
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Stocks gain marginally in early hours amid volatile trading
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): Equity benchmark indices gained marginally in volatile trading during early hours on Friday, a day after the Reserve Bank of India's monetary policy cut interest rates marginally on expected lines.
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RBI could have done more to overcome liquidity challenges, say experts
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): Industry leaders said on Thursday that while Reserve Bank of India's decision to cut repo rate by 25 basis points rate cut was on expected lines, concerns over economic growth and liquidity challenges continue to linger.
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Stocks plunge despite RBI rate cut, financials under pressure
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): Equity benchmark indices were dragged down by financial stocks in afternoon trade on Thursday even though the Reserve Bank of India (RBI) reduced repo rate by 25 basis points to 5.75 per cent in its second bi-monthly monetary policy meet of fiscal
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RBI scraps charges for RTGS and NEFT transactions
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): In an effort to boost digital payments, the Reserve Bank of India (RBI) on Thursday scrapped charges levied on Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) transactions.
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RBI cuts repo rate by 25 basis points to 5.75 pc, shifts policy stance to
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): The Reserve Bank of India (RBI) on Thursday cut repo rate for the third consecutive time this year to 5.75 per cent from the current 6 per cent amid falling economic growth and uncertain global scenario.
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