Search For "reserve bank"
RBI cuts repo rate by 25 basis points to 5.75 pc
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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Equities trade lower ahead of RBI monetary policy meet
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): Equity benchmark indices were in the negative zone during early hours on Thursday as investors awaited the outcome of Reserve Bank of India's monetary policy committee meeting on key interest rates.
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Interest rate cut in monetary policy unlikely to stimulate growth: Ind-Ra
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 5 (ANI): India Ratings and Research (Ind-Ra) said on Wednesday that an interest rate cut by the Reserve Bank of India (RBI), which is almost certain in the second bi-monthly monetary policy statement for 2019-20, is unlikely to stimulate demand in the near-
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Selling pressure pulls down equity indices as investors hope for interest
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): Equity benchmark indices ended in the negative territory on Tuesday as traders booked profit and investors awaited the Reserve Bank of India's (RBI) decision on interest rates later this week.
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RBI tweaks exposure framework for banks, introduces economic inter-depende
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): The Reserve Bank of India (RBI) has made changes in guidelines on large exposures framework for banks to reduce the concentration of risk and align them with global norms.
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Financial Literacy Week to commence from June 3-7, says RBI
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 1 (ANI): Financial Literacy Week 2019 will be observed from June 3-7 on the theme of "Farmers" and how they benefit by being a part of the formal banking system, said a press note from Reserve Bank of India (RBI) on Saturday.
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RBI constitutes task force on development of secondary market for corporat
Updated : 6 years, 9 months ago IST
New Delhi [India], May 29 (ANI): Reserve Bank of India (RBI) on Thursday announced the creation of task force on the development of a secondary market for corporate loans.
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RBI extends RTGS timings from 4:30 pm to 6 pm
Updated : 6 years, 9 months ago IST
New Delhi (India), May 28 (ANI): With an aim to ease high-value fund transfers, the Reserve Bank of India (RBI) on Tuesday announced an extension of timings for customer transactions through Real Time Gross Settlement (RTGS) by one and half hours.
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RBI Governor Shaktikanta Das has courtesy meeting with Arun Jaitley
Updated : 6 years, 9 months ago IST
New Delhi [India], May 26 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Sunday held a courtesy meeting with outgoing Finance Minister Arun Jaitley.
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RBI Central Board meets in Chennai
Updated : 6 years, 10 months ago IST
Chennai (Tamil Nadu) [India], May 21 (ANI): The Reserve Bank of India's (RBI) Central Board met today in Chennai under the Chairmanship of Shri Shaktikanta Das, Governor, Reserve Bank of India. This was the 576th meeting of the Central Board.
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R Gandhi appointed as Additional Director on Yes Bank board
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 15 (ANI): Former Reserve Bank of India Deputy Governor Rama Subramaniam Gandhi has been appointed as Additional Director on the board of Yes Bank.
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PM Modi condoles death of ITC chairman YC Deveshwar
Updated : 6 years, 10 months ago IST
New Delhi [India], May 11 (ANI): Prime Minister Narendra Modi on Saturday condoled the death of ITC executive chairman and CEO YC Deveshwar, who passed away in the morning after suffering a prolonged illness.
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