Search For "reserve bank"
RBI keeps repo rate, reverse repo rate unchanged
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 5 (ANI): The Reserve Bank of India (RBI) on Wednesday kept the repo rate and reverse repo rate unchanged at 6 percent and 5.75 percent respectively.
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RBI issues warning on Bitcoins, other virtual currencies
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 5 (ANI): The Reserve Bank of India (RBI) on Tuesday called on those trading in Bitcoins and other virtual currencies regarding the risks involved in the same.
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Q2 GDP estimates reflect growth momentum in Indian economy
Updated : 8 years, 3 months ago IST
New Delhi [India] Nov. 30 (ANI): The Gross Domestic Product (GDP) estimates for the second quarter, which were released on Thursday, are reflective of a positive upswing and growth momentum in the Indian economy.
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Naqvi rebuffs reports of introduction of Islamic banking
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov 26 (ANI): Union Minister Mukhtar Abbas Naqvi on Sunday rebuffed the reports of introduction of Islamic banking in India, saying ours was a secular country and the existing banking system was for all.
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Looming inflation may hamper interest rate cuts
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov 25 (ANI): Inflation is expected to remain a key concern both for the government and Reserve Bank of India (RBI), thus reducing hopes of a cut in interest rates, the ASSOCHAM said.
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Govt incentives digital purchase of gold bonds
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov 25 (ANI): In a bid to fuel the digitisation drive, the Government of India in consultation with the Reserve Bank of India (RBI) announced a discount of Rs. 50 per gram from the issue price of gold bonds to those investors, who apply online and pertain to digital mode o
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Bitcoin investments new attraction for Indians, say experts
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov.18 (ANI) Experts involved or associated with the Bitcoin industry, maintain that it has emerged as a new attraction for Indians who are keen to augment their wealth, notwithstanding calls issued by the Supreme Court to the Reserve Bank of India (RBI) to put in place ef
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RBI urges doorstep banking for senior citizens, differently-abled
Updated : 8 years, 4 months ago IST
New Delhi [India], Nov 10 (ANI): In a bid to facilitate seamless banking for all sections of the society, the Reserve Bank of India directed all banks to implement doorstep banking facilities for differently-abled citizens and those above 70 years of age by December this year.
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Demonetisation anniversary: BJP, Opposition face off
Updated : 8 years, 4 months ago IST
Varanasi (Uttar Pradesh)/ New Delhi [India], November 8 (ANI): The Bharatiya Janata Party (BJP) and the Opposition are facing off as this day rings in the one year anniversary of the demonetisation drive.
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Design of recapitalisation process critical: Former RBI Governor
Updated : 8 years, 4 months ago IST
New Delhi [India], Nov. 4 (ANI): In the wake of the Rs 2.11 lakh crore-worth public sector bank recapitalisation plan that was announced recently by Union Finance Minister Arun Jaitley, former Reserve Bank of India (RBI) Governor Dr. Y.V. Reddy dubbed the design of the plan to be "critical".
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HC seeks Centre's response on withdrawal of Rs. 50 notes
Updated : 8 years, 4 months ago IST
New Delhi [India] November 3 (ANI): The Delhi High Court on Friday sought a reply from the Centre and Reserve Bank of India (RBI) in two weeks on a Public Interest Litigation (PIL) seeking direction to withdraw Rs. 50 notes which do not have identification marks and stop the printing.
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AU Small Finance Bank gets RBI nod for Scheduled Commercial Bank
Updated : 8 years, 4 months ago IST
New Delhi [India], Nov 2 (ANI): AU Small Finance Bank today received approval from Reserved Bank of India (RBI) to operate as Scheduled Commercial Bank. AU Small Finance Bank's name has now been included in the Second Schedule of Reserve Bank of India Act, 1934.
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