Search For "reserve bank"
Parliamentary Committee summons RBI Governor amid banking scams
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 17 (ANI): Amid the banking scams unearthed in the recent past, the Parliamentary Committee has reportedly summoned Reserve Bank of India (RBI) Governor Urjit Patel.
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Normalcy will be restored within a week: SBI on cash crunch
Updated : 7 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr. 17 (ANI): Rajnish Kumar, Chairman, State Bank of India (SBI) on Tuesday assured the people of the country that the situation of cash crunch is 'temporary' and that normalcy will be restored within a week.
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Finance Ministry assures of resolving cash crunch soon
Updated : 7 years, 11 months ago IST
New Delhi [India] Apr. 17 (ANI): Minister of State for Finance Shiv Pratap Shukla on Tuesday accepted reports of an alleged cash crunch in the country and said the shortage will be resolved within three working days.
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RBI slaps Rs.3 Cr monetary penalty on IDBI bank
Updated : 7 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr. 12 (ANI): The Reserve Bank of India (RBI) imposed monetary penalty worth Rs. 3 crore on IDBI Bank for not complying with the outlined norms related to reporting of bad loans.
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Cryptocurrency: ASSOCHAM calls for extreme care
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 08 (ANI): Commenting on the Reserve Bank of India's (RBI) move to explore and examine the introduction of official virtual currency in the country, apex trade association, the ASSOCHAM, cautioned that extreme care needs to be taken to ensure safety of data trail that
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India's forex reserves hit life-time high
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 07 (ANI): India's foreign exchange reserves hit a life-time high of 424.361 billion US dollars, after rising by 1.828 billion dollars in the week to March 30, the Reserve Bank of India (RBI) confirmed.
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Former RBI Deputy Governor questioned in PNB Scam: Sources
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr 6 (ANI): The Central Bureau of Investigation (CBI) on Friday questioned former Deputy Governor of Reserve Bank of India (RBI) Harun Rashid Khan in connection with the Rs 13,500 crore Punjab National Bank (PNB) scam, according to sources.
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FICCI recommends RBI to 'find space for rate cut'
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 6 (ANI): Post the Reserve Bank of India's (RBI) bi-monthly monetary policy statement, the Federation of Indian Chambers of Commerce and Industry (FICCI) has said the former must find space for a rate cut in the coming quarters.
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RBI to review feasibility of introducing digital currency
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 6 (ANI): The Reserve Bank of India (RBI) has announced reviewing the feasibility of introducing a central bank digital currency.
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RBI directs payment operators to keep data within India
Updated : 7 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr. 05 (ANI): The Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.
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PNB scam: CBI questions four RBI officials
Updated : 7 years, 11 months ago IST
New Delhi, [India] Apr 5 (ANI): Central Bureau of Investigation (CBI) on Thursday questioned four Reserve Bank of India (RBI) officials in connection with the Rs 13,500 crore Punjab National Bank (PNB) scam, wherein noted diamantaire Nirav Modi and his maternal uncle and partner Mehul Choksi
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RBI policy in line with expectations: ICRA
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 5 (ANI): Following the announcement of the Reserve Bank of India's (RBI) bi-monthly monetary policy, credit-rating body ICRA noted that the statement is in line with industry expectations.
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