Search For "reserve"
Kirit Somaiya requests RBI to initiate criminal action against HDIL and PM
Updated : 6 years, 5 months ago IST
New Delhi [India], Sept 26 (ANI): BJP leader Kirit Somaiya on Thursday wrote a letter to the Reserve Bank of India (RBI) requesting it to initiate criminal action against the management of HDIL company and PMC Bank for allegedly looting the deposits of people.
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Social media rumours of banks shutting down false: RBI
Updated : 6 years, 5 months ago IST
New Delhi [India], Sept 25 (ANI): The government and Reserve Bank of India (RBI) denied reports on Wednesday that the regulator is closing down at least nine commercial banks soon.
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Disinvestment profits can be used for limiting fiscal deficit to 3.5 pc: A
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 25 (ANI): Acuite Ratings on Wednesday said there is still a significant scope to limit India's fiscal deficit to 3.5 to 3.6 per cent if the government gives high priority to disinvestment and there is a sustainable revival in consumption and market sentiment
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Assam: Arms, explosives recovered from Panbari Reserve Forest
Updated : 6 years, 5 months ago IST
Chirang (Assam) [India], Sept 24 (ANI): A large cache of arms, ammunition and explosive were recovered from inside Panbari Reserve Forest during a search here on Tuesday.
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Slashing corporate tax rates a bold measure: RBI Governor Das
Updated : 6 years, 5 months ago IST
New Delhi [India], Sep 24 (ANI): The government's recent decision to cut corporate tax rates is a bold measure and augurs well for the economy, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday.
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DHFL to discuss draft resolution plan with bankers
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 24 (ANI): Financially-strapped Dewan Housing Finance Corporation (DHFL) will discuss its draft resolution plan at a meeting of lenders on Wednesday.
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RBI restricts activities of PMC Bank due to heightened risks
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 24 (ANI): The Reserve Bank of India (RBI) has restricted activities of Punjab and Maharashtra Cooperative Bank (PMC Bank) for six months and asked it to not grant or renew any loans and advances, make any investment or incur any liability, including borrowal
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SBI announces repo rate as external benchmark for all floating rate loans
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sept 23 (ANI): The country's largest lender State Bank of India (SBI) said on Monday it has decided to adopt repo rate as the external benchmark for all floating rate loans for micro, small and medium enterprises (MSMEs), housing and retail loans.
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Continued global monetary policy easing could stoke FPI inflows to India:
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 21 (ANI): The reduction in US Federal Reserve's policy rate by 25 basis points and the European Central Bank's decision to resume asset purchases is likely to augur well for short-term foreign portfolio investment (FPI) flows to economies such as India which
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No recession in global economy, India's external sector shows great resili
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sept 19 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said that there was no recession as of today in the global economy but there was a hostile environment to which India's external sector had shown great resilience and viability. Read More
WB: Court reserves orders on Rajeev Kumar's application, CBI's plea to iss
Updated : 6 years, 6 months ago IST
Kolkata (West Bengal) [India], Sept 19 (ANI): A court here on Thursday reserved its order on an application filed by former Kolkata Police Commissioner Rajeev Kumar on his arrest and CBI's plea to issue a non-bailable warrant (NBW) against him.
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Sensex drops by 229 points, Yes Bank slips 5 pc
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 19 (ANI): Equity benchmark indices were in the red during early hours on Thursday on the back of mixed global cues and selling pressure across various segments.
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