Search For "the reserve bank of india"
After 2 deaths, PMC customers appeal to choose 'NOTA' in Maharashtra assem
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Oct 16 (ANI): After as many as two Punjab and Maharashtra Co-operative Bank customers died owing to "stress" over the restrictions imposed by the Reserve Bank of India, protestors have urged the people of Maharashtra to choose 'NOTA' option in the upcoming assem
Read More
RBI imposes Rs 1 crore fine on LVB, Rs 75 lakh on Syndicate Bank for viola
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Oct 15 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on Lakshmi Vilas Bank for non-compliance with certain provisions of directions on Income Recognition and Asset Classification (IRAC) norms.
Read More
RBI enhances withdrawal limit for PMC Bank depositors to Rs 40,000
Updated : 6 years, 9 months ago IST
New Delhi [India], Oct 14 (ANI): The Reserve Bank of India (RBI) has enhanced the withdrawal limit for depositors of Punjab and Maharashtra Cooperative (PMC) Bank Ltd to Rs 40,000.
Read More
RBI Central Board meets at Chandigarh
Updated : 6 years, 9 months ago IST
Chandigarh [India], Oct 11 (ANI): The Reserve Bank of India (RBI) Central Board met on Friday in Chandigarh under the Chairmanship of Governor Shaktikanta Das.
Read More
RBI rejects Indiabulls-Lakshmi Vilas Bank merger plan
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra), Oct 10 (ANI): The proposed merger of private sector lender Lakshmi Vilas Bank (LVB) with home financier Indiabulls Housing Finance has failed to get approval from the Reserve Bank of India (RBI).
Read More
Strengthen your investment portfolio by investing in Bajaj Finance Fixed D
Updated : 6 years, 9 months ago IST
Pune (Maharashtra) [India] Oct 09 (ANI/BusinessWire India): The Reserve Bank of India reduced the repo rate by another 25 basis points on October 4, bringing it to 5.15 per cent - it's lowest in nine years.
Read More
RBI extends Chhibber's term as J&K Bank's interim CMD for 6 months
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Oct 9 (ANI): The Reserve Bank of India (RBI) has approved six months extension to R K Chhibber as the interim Chairman and Managing Director of the Jammu and Kashmir Bank.
Read More
RBI should take over PMC Bank, says SAD leader Sirsa
Updated : 6 years, 9 months ago IST
New Delhi [India], Oct 7 (ANI): Shiromani Akali Dal (SAD) on Monday demanded that the Reserve Bank of India (RBI) should take over the operations of the Punjab and Maharashtra Co-operative Bank (PMCB) and the money of account holders should be given back to them.
Read More
Reduction in repo rate to benefit people, industry: Javadekar
Updated : 6 years, 9 months ago IST
Lucknow (Uttar Pradesh) [India], Oct 5 (ANI): Hailing the Reserve Bank of India's (RBI's) decision to cut repo rate, Union Minister for Information and Broadcasting Prakash Javadekar said on Saturday that the government has asked banks to transmit accruing benefits to loan borrowers.
Read More
RBI's dovish stance point to further rate reductions but lower GDP forecas
Updated : 6 years, 9 months ago IST
New Delhi [India], Oct 4 (ANI): Reduction of interest rate by 0.25 per cent by the Reserve Bank of India (RBI) and the accompanying dovish statement keeps the door open for future reductions to revive economic growth amid volatile global trade, experts said on Friday.
Read More
Sensex turns red after RBI lowers GDP forecast to 6.1 pc
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Oct 4 (ANI): Equity benchmark indices reversed early morning trends and turned red on Friday afternoon after the Reserve Bank of India cut repo rate by 25 basis points to 5.15 per cent but also lowered its GDP growth forecast for the current financial year to 6.
Read More
RBI cuts repo rate by 25 basis points to 5.15 pc, reduces growth forecast
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Oct 4 (ANI): The Reserve Bank of India (RBI) on Friday cut repo rate for the fifth consecutive time this calendar year to 5.15 per cent from the current 5.4 per cent in a bid to support government measures for boosting economic activity amid benign inflation.
Read More