Search For "reserve bank"
RBI unveils PRAVAAH portal, retail direct app, and fintech repository for
Updated : 1 year, 9 months ago IST
The PRAVAAH (Platform for Regulatory Application, Validation and Authorisation) portal will allow any individual or entity to easily apply online for various regulatory approvals, the RBI said in a notification.
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RBI imposes monetary penalty on Yes Bank and ICICI Bank
Updated : 1 year, 9 months ago IST
The Reserve Bank of India (RBI) has imposed monetary penalty on Yes Bank and ICICI Bank for non-compliances with certain directions issued by it.
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Faced with RBI audit, IIFL Finance delays Board meet for earnings release
Updated : 1 year, 9 months ago IST
In early March this year, RBI directed IIFL Finance to stop sanctioning or disbursing gold loans or assigning, securitising, or selling any of its gold loans.
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RBI's Rs 2.11 lakh dividend provides near term support to fiscal performan
Updated : 1 year, 9 months ago IST
The Rs 2.11 lakh all-time high dividend by Reserve Bank of India, will help the government in maintaining the fiscal deficit at targeted 5.1 per cent for the year 2024-25. Fitch Ratings says, the high dividend by RBI could even lower FD below the target.
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India's forex reserves jump third week to hit fresh lifetime high
Updated : 1 year, 10 months ago IST
India's foreign exchange reserves rose for the third straight week, by USD 4.549 billion to USD 648.700 billion in the week that ended on May 17, according to data shared by the Reserve Bank of India (RBI). In the process, they touched a fresh lifetime high.
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Cybercrime surge in India: Over 7,000 daily complaints in 2024, key locati
Updated : 1 year, 10 months ago IST
India is grappling with a significant surge in cybercrime, registering an average of more than 7,000 complaints per day up to May this year so far.
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RBI approves dividend of Rs 2.11 lakh crore to government for FY24
Updated : 1 year, 10 months ago IST
The Reserve Bank of India (RBI) board approved the transfer of Rs 2,10,874 crore as surplus to the Central Government for the accounting year 2023-24.
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Citing lack of stability, RBI cautions retail investors against investing
Updated : 1 year, 10 months ago IST
RBI yet again urged retail investors to be more cautious while investing in cryptocurrencies, and noted that the crypto ecosystem lacks accountability and stability and is marked by regulatory ambiguity.
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India is on the cusp of a long-awaited economic takeoff: RBI
Updated : 1 year, 10 months ago IST
Reserve Bank of India stated, "Internationally there is a growing optimism that India is on the cusp of a long-awaited economic takeoff."
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IRIS reports impressive results, enters the Rs 100 cr club
Updated : 1 year, 10 months ago IST
Navi Mumbai (Maharashtra) [India], May 20: Global Regtech, IRIS Business Services Limited (BSE: 540735) clocked revenues of Rs 102.96 crore for the year financial year ended March 31, 2024, a growth of 37% from the year preceding.
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"It's a moment of pride to participate in an election of 140 crore people,
Updated : 1 year, 10 months ago IST
RBI Governor Shaktikanta Das casts his vote with family in the ongoing fifth phase of voting in Mumbai. The Governor arrived with his wife at the polling station at Activity School, Peddar Road, Mumbai.
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India's foreign exchange reserves rose USD 2.6 billion in latest week
Updated : 1 year, 10 months ago IST
The country's foreign exchange reserves had hit an all-time high of USD 648.562 billion recently.
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