Search For "reserve bank"
RBI rate hike a 'win-win' situation for markets, banks
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 2 (ANI): The Reserve Bank of India's (RBI) decision to raise the repo rate by 25 basis points (bps) to 6.50 per cent is a "win-win" situation for both markets and the banks as inflation is expected to rapidly decelerate to sub-5 per cent in coming months, suggests the
Read More
Considerable uncertainty around impact of MSP schemes, says RBI
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 1 (ANI): The Reserve Bank of India (RBI) Deputy Governor Viral Acharya on Wednesday said that the impact of MSP hike on projections is a challenging task.
Read More
RBI retains GDP growth at 7.4% in FY19
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 1 (ANI): The Reserve Bank of India (RBI) Governor Urjit Patel on Wednesday said that Monetary Policy committee (MPC) has projected the GDP growth at 7.4% for this fiscal year as in the June statement.
Read More
RBI hikes repo rate by 25 basis points to 6.50%
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 1 (ANI): The Reserve Bank of India (RBI) on Wednesday hiked the repo rate by 25 basis points to 6.50 per cent while maintaining neutral stance on the stability in the market.
Read More
All eyes on RBI ahead of monetary policy
Updated : 7 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 1 (ANI): Market indices are treading cautiously, with the Reserve Bank of India's third bi-monthly monetary policy statement to be released shortly.
Read More
RBI should prove credibility of demonetisation: VP
Updated : 7 years, 7 months ago IST
New Delhi [India], July 23 (ANI): Vice President M Venkaiah Naidu on Monday urged the Reserve Bank of India to prove credibility of the money deposited in banks after the Centre's demonetisation move at the earliest in order to maintain the credibility of the reform.
Read More
Twitter amused over new Rs 100 note
Updated : 7 years, 8 months ago IST
New Delhi [India], Jul 20 (ANI): Seems like the new Rs. 100 note, announced by The Reserve Bank of India (RBI) on Thursday, has taken Twitter by storm.
Read More
SC reserves order in Jaypee associates case
Updated : 7 years, 8 months ago IST
New Delhi [India], July 19 (ANI): The Supreme Court on Thursday reserved its order on the interim arrangement with respect to possession and refund seekers in the Jaypee Associates Ltd (JAL) case, the parent company of Jaypee Infratech.
Read More
RBI to issue new Rs 100 denomination banknotes
Updated : 7 years, 8 months ago IST
New Delhi [India], July 19 (ANI): The Reserve Bank of India (RBI) will shortly issue Rs 100 denomination banknotes in the Mahatma Gandhi (New) Series, bearing the signature of the bank’s governor, Dr Urjit R. Patel.
Read More
LIC offers to buy 51% stake in IDBI
Updated : 7 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 17 (ANI): The Industrial Development Bank of India (IDBI) on Monday received an offer from the Life Insurance Corporation of India (LIC) seeking to buy a 51 percent controlling stake in the public sector bank.
Read More
Bank of China to operate in India, RBI issues license
Updated : 7 years, 8 months ago IST
New Delhi [India], Jul 4 (ANI): The Reserve Bank of India on Wednesday issued licence to Bank of China to operate in India, according to sources.
Read More
Finzy receives NBFC-P2P certification from RBI
Updated : 7 years, 8 months ago IST
New Delhi [India], July 4 (ANI): Peer-to-peer (P2P) platform Finzy has received its NBFC-P2P certification from the Reserve Bank of India (RBI).
Read More