Search For "the reserve bank of india"
RBI working towards stable financial system in evolving scenario: Shaktika
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 19 (ANI): The Reserve Bank of India (RBI) is closely monitoring inter-linkages of non-banking finance companies (NBFCs) with the banking sector, capital market and other financial entities to ensure stability, Governor Shaktikanta Das said on Monday.
Read More
Failed ATM transaction due to error shall not be counted as valid transact
Updated : 6 years, 7 months ago IST
New Delhi (India), Aug 14 (ANI): The Reserve Bank of India (RBI) has issued orders clarifying that transactions which fail on account of technical reasons like hardware, software, communication issues, and non-availability of currency notes in the ATM, etc., shall not be counted as valid tra
Read More
After SBI, more PSU banks link deposit and loan rates to repo
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 10 (ANI): More government-owned banks have announced linking their lending and deposit rates to the Reserve Bank of India's (RBI's) repo for facilitating faster transmission after the State Bank of India did so in May.
Read More
RBI announces measures to open up liquidity for NBFCs
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 7 (ANI): The Reserve Bank of India (RBI) on Wednesday announced two key measures to help non-bank financial companies (NBFCs) which are facing a severe liquidity squeeze.
Read More
Sensex falls 286 points after RBI rate cut, Nifty ends below 10,900
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 7 (ANI): Equity indices fell to low levels during the last hour of trading on Wednesday after the Reserve Bank of India (RBI) cut the repo rate by 35 bps at 5.4 per cent.
Read More
RBI to make NEFT available 24x7 for encouraging digital payments
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 7 (ANI): The Reserve Bank of India (RBI) plans to make online payment system National Electronic Funds Transfer (NEFT) available round-the-clock in a bid to boost digital transactions.
Read More
RBI cuts repo rate by 35 basis points to 5.4 pc, reduces growth forecast t
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 7 (ANI): The Reserve Bank of India (RBI) on Wednesday cut repo rate for the fourth consecutive time this calendar year to 5.4 per cent from the current 5.75 per cent amid low inflation, faltering economic growth and uncertain global scenario.
Read More
RBI cuts repo rate by 35 basis points to 5.4 pc
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 7 (ANI): The Reserve Bank of India (RBI) on Wednesday cut repo rate for the fourth consecutive time this calendar year to 5.4 per cent from the current 5.75 per cent amid low inflation, faltering economic growth and uncertain global scenario.
Read More
Equity indices in green ahead of RBI decision on key interest rates
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 7 (ANI): Equity benchmark indices were in the positive zone during early trading on Wednesday ahead of the Reserve Bank of India's monetary policy decision on key interest rates.
Read More
Online Fixed Deposit with Bajaj Finance: Play it smart when FD interest ra
Updated : 6 years, 7 months ago IST
Pune (Maharashtra) [India] August 06 (ANI/BusinessWire India): The Reserve Bank of India (RBI) has reduced the repo rate by 75 basis points in the past 6 months and is expected to deliver a fourth consecutive rate cut of 25 basis points on August 7, 2019.
Read More
Repo rate could touch 5 pc level by March 2020: SBI report
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 5 (ANI): The Reserve Bank of India (RBI) may cut repo rate by 25 basis points (bps) in its August 7 policy meet and further reduce it by 50 to 75 bps to achieve the level of less than or equal to 5 per cent by March 2020, according to State Bank of India's r
Read More
Eight PSU banks fined by RBI for violating regulatory norms
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 3 (ANI): The Reserve Bank of India (RBI) has imposed a penalty ranging between Rs one crore to two crore on eight government-owned banks for violating norms on fraud classification, bill discounting and monitoring of end use of funds.
Read More