Search For "reserve bank"
RBI Policy reflects growth dynamics for long-term stability, says Chanda K
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb 8 (ANI): Hailing the Reserve Bank of India's (RBI) decision to keep the repo rate unchanged at 6.25 percent on Wednesday, MD and CEO ICICI Bank, Chanda Kochhar said that the policy reflects the need to balance inflation and growth dynamics, which will provide long
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RBI to lift cash withdrawal limits from March 13
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb 8 (ANI): Keeping its repo rate unchanged at 6.25 percent, Reserve Bank of India on Wednesday announced that there will be no limit on cash withdrawal from savings bank accounts from March 13, 2017 onwards.
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RBI may cut rates by 25 bps; all eyes on CPI target
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb 8 (ANI): The Reserve Bank of India is expected to slash its key rates by 25 basis points in its Monetary Policy meet here today.
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ASSOCHAM seeks RBI nudge to banks for full transmission of interest cuts,
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb 8 (ANI): As the Monetary Policy Committee of the Reserve Bank of India meets on February 7 and 8 for next bi-monthly credit policy, apex industry body ASSOCHAM has impressed upon the central bank and the Finance Ministry to ensure adequate transmission of cuts in the i
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RBI proposes to waive off bank transactions charges and decrease interest
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb. 4 (ANI): In an attempt to promote cashless transactions in the country, Reserve Bank of India (RBI) has given banks the freedom to fix bank service charges for transactions, stated Santosh Kumar Gangwar, Minister of State in the Ministry of Finance, in Lok Sabha on Fr
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RBI could be shielding PM Modi's demonetisation fiasco: Congress
Updated : 8 years, 6 months ago IST
Lucknow (Uttar Pradesh), Feb. 02(ANI): In a scathing criticism of the Budget 2017, the Congress attacked the Bharatiya Janata Party (BJP) and the Reserve Bank of India (RBI) for their lack of accountability in the entire demonetisation episode.
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Banks to issue Electoral Bonds to enable donations to political parties
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb. 01 (ANI): In a significant step to cleanse the system of funding of political parties, the Union Minister for Finance and Corporate Affairs Arun Jaitely announced on Wednesday that donations to political parties can soon be made by purchasing electoral bonds from auth
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ECI issues advisory to parties, candidates to open current accounts
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb. 1 (ANI): After the Reserve Bank of India (RBI) decided to withdraw the limits imposed on cash withdrawals, The Election Commission of India (ECI) issued an advisory to all political parties and candidates contesting for assembly poll to open current accounts.
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BJP says 'I told you so' as RBI lifts ATM withdrawal limits
Updated : 8 years, 6 months ago IST
Chennai, (Tamil Nadu), [India], Jan. 31 (ANI): With the Reserve Bank of India (RBI) lifting restrictions on daily withdrawal from ATMs starting February 1, the Bharatiya Janata Party (BJP) on Tuesday said it had maintained right from the inception of demonetisation, that the situation across
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ECI set to ask candidates to open current accounts
Updated : 8 years, 6 months ago IST
New Delhi [India], Jan. 30 (ANI): After the Reserve Bank of India (RBI) decided to withdraw the limits imposed on cash withdrawals, the Election Commission of India (ECI) will most likely advise the electoral candidates contesting for assembly polls to open current accounts.
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RBI lifts limits on ATM cash withdrawals with effect from February 1
Updated : 8 years, 6 months ago IST
New Delhi [India], Jan. 30 (ANI): In a welcome move, the Reserve Bank of India (RBI) on Monday decided to withdraw the limits imposed on cash withdrawals with immediate effect.
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EC requests RBI to enhance withdrawal limits of candidates contesting poll
Updated : 8 years, 6 months ago IST
New Delhi [India], Jan. 29 (ANI): The Election Commission (EC) on Sunday yet again requested the Reserve Bank of India (RBI) to enhance the cash withdrawal limit of the candidates contesting elections in the five poll bound states of Punjab, Goa, Uttar Pradesh, Uttarakhand and Manipur.
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