Search For "reserve bank"
Market indices continue to plunge, all eyes on monetary policy
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 05 (ANI): With all eyes on the Reserve Bank of India's (RBI) bi-monthly monetary policy, market indices continued to plunge on Friday afternoon.
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RBI repo rate likely to hiked
Updated : 7 years, 5 months ago IST
Mumbai [Maharashtra], Oct 3 (ANI): Market and financial experts are expecting a 25 basis point hike in the Reserve Bank of India's (RBI) repo rate.
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Write-offs don't lead to waivers, claims Jaitley
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 1 (ANI): Hours after Congress president Rahul Gandhi targeted the government for waiving off debts of "crony capitalists", Finance Minister Arun Jaitley in his blog post on Monday stated that write-offs by banks are not counted as loan waivers and are done as per the R
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Yes Bank pitches for extension of Rana Kapoor's term
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 26 (ANI): As the shares of Yes Bank continue to decline, the Board of Directors have sought an extension of incumbent founder and CEO Rana Kapoor's term in office.
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Jaitley underscores need for banks to crack down on frauds
Updated : 7 years, 5 months ago IST
New Delhi [India], Sep 25 (ANI): Union Finance Minister Arun Jaitley on Tuesday highlighted the impact of the formalisation of the Indian economy - through the Insolvency and Bankruptcy Code (IBC), GST, demonetisation and digital payments - on Public Sector Banks (PSBs), while also stress
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RBI, SEBI closely monitoring financial markets
Updated : 7 years, 5 months ago IST
New Delhi [India], Sep 24 (ANI): The Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) are closely monitoring recent developments in financial markets and are ready to take appropriate actions, if necessary, RBI's Chief General Manager, Jose J Kattoor, said on
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Centre ignored Raghuram Rajan's list of defaulters, claims Congress
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 11 (ANI): The Congress on Tuesday accused the Narendra Modi government of not taking action against the list of defaulters mentioned by former Reserve Bank of India governor Raghuram Rajan in a report to the Prime Minister's office.
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Smriti Irani corners Congress for NPA crisis, National Herald scam
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 11 (ANI): Union Textiles Minister Smriti Irani on Tuesday launched a scathing attack on the Congress over former Reserve Bank of India (RBI) governor Raghuram Rajan's remarks that most bad loans that account for Indian banks' Non Performing Assets (NPA) originated duri
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RBI approves Amitabh Chaudhry's appointment as Axis Bank CEO
Updated : 7 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 10 (ANI): The Reserve Bank of India (RBI) on Monday approved the appointment of Amitabh Chaudhry as the new Managing Director and CEO of Axis Bank for a period of three years, starting January next year.
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RBI tweaks norms for defective note change
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 08 (ANI): The Reserve Bank of India (RBI) has amended norms for exchange of mutilated, old or defective currency notes which were introduced as a part of the Mahatma Gandhi New Series.
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3 banks fined by RBI for delay in fraud detection
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 08 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore each on the Union Bank of India, Bank of India and Bank of Maharashtra for failing to detect and report fraud in certain accounts on time.
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i2iFunding receives NBFC-P2P certification from RBI
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 6 (ANI): India's second largest peer-to-peer lending platform, i2ifunding.com on Thursday announced receiving of Certificate of Registration (CoR) as NBFC-Peer to Peer Lending Platform (NBFC-P2P) from Reserve Bank of India (RBI).
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