Search For "reserve bank"
slice and North East Small Finance Bank to Merge
Updated : 2 years, 5 months ago IST
Bengaluru (Karnataka) [India], October 4: Fintech unicorn slice and North East Small Finance Bank (NESFB) are pleased to announce their upcoming merger in a pathbreaking move to accelerate their joint vision of expanding tech-enabled financial accessibility across the nation. Having received
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RBI appoints Muneesh Kapur as new executive director
Updated : 2 years, 5 months ago IST
Over a span of nearly three decades at the Reserve Bank, Kapur has worked in the areas of macroeconomic policy and research and monetary policy in the Department of Economic Policy and Research and Monetary Policy Department in RBI. He also served as adviser to the Executive Director at t
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RBI extends deadline to exchange Rs 2,000 banknotes till October 7
Updated : 2 years, 5 months ago IST
The Reserve Bank of India (RBI) has announced an extension of the deadline for depositing or exchanging Rs 2,000 denomination banknotes till October 7
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Last date to exchange Rs 2,000 notes is tomorrow, clarifies RBI
Updated : 2 years, 5 months ago IST
The Rs 2,000 denomination banknote will cease to have its value after Saturday and will be just another piece of paper if one does not get it exchanged in any bank, the Reserve Bank of India (RBI) clarified on Friday.
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India's balance of payments shows improvement in Q1: 2023-24
Updated : 2 years, 5 months ago IST
One of the standout features of India's BoP in Q1: 2023-24 was the substantial narrowing of the Current Account Deficit (CAD). The CAD decreased to USD 9.2 billion, equivalent to 1.1 per cent of GDP, showing an improvement from US$ 17.9 billion, or 2.1 per cent of GDP, in the same quarter of
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Total market borrowings by States, UTs during Oct-Dec quarter expected to
Updated : 2 years, 5 months ago IST
The borrowings will be made in 13 tranches, with the first proposed to be held on October 3 worth Rs 22,500 crore.
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RBI Deputy Governor M Rajeshwar Rao’s term extended by 1 year
Updated : 2 years, 5 months ago IST
The Central Government has extended the term of M Rajeshwar Rao as Deputy Governor, Reserve Bank of India, by 1 year.
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RBI issues new prudential regulations for All India Financial Institutions
Updated : 2 years, 6 months ago IST
The Reserve Bank of India (RBI) on Thursday announced the issuance of the Reserve Bank of India (Prudential Regulations on Basel III Capital Framework, Exposure Norms, Significant Investments, Classification, Valuation and Operation of Investment Portfolio Norms and Resource Raising Norms fo
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Kinara Capital Commits INR 575+ Crores in Business Loans Disbursement for
Updated : 2 years, 6 months ago IST
Bengaluru (Karnataka) [India], September 15: Kinara Capital, a fast-growing fintech driving MSME financial inclusion, today reiterated its commitment to fostering MSMEs in Karnataka. It aims to disburse over INR 575+ crores in business loans in FY24 and support the growth of MSMEs in the sta
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How to get the best interest rate on your gold loan
Updated : 2 years, 6 months ago IST
Pune (Maharashtra) [India], September 14: Gold is valued not only for its beauty but also as a valuable financial resource that can be immensely helpful during emergencies. A gold loan, also known as a loan against gold, allows borrowers to utilise their gold jewellery as collateral to secur
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Release borrowers’ property documents within 30 days of loan settlement or
Updated : 2 years, 6 months ago IST
The Reserve Bank of India on Wednesday asked banks and other regulated entities to release all the original movable or immovable property documents and remove charges registered against any personal loan borrowers within a period of 30 days after full repayment or settlement of loans.
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Protean Launches its 1st Global Hackathon on Account Aggregator
Updated : 2 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 6: Protean eGov Technologies (Protean), a pioneer and market leader in universal, citizen-centric and population-scale e-governance solutions, today announced the launch of its 1st Global Hackathon - Account Aggregator 2.0 at the prestigious Global Fin
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