Search For "the reserve bank of india"
RBI Money Museum promotes people's knowledge of banking system
Updated : 6 years, 7 months ago IST
Kolkata (West Bengal) [India] July 31 (ANI): The Reserve Bank of India (RBI) Money Museum at Council House Street in Central Kolkata, which opened earlier this year, has been drawing a lot of attention for its unique initiative. The museum has been built with an aim to improve people's knowl
Read More
Real estate sector facing challenges of liquidity, land acquisition: NARED
Updated : 6 years, 8 months ago IST
New Delhi [India], July 29 (ANI): The real estate sector is facing major challenges of liquidity squeeze and has not benefitted from recent interest rate cuts by the Reserve Bank of India, the National Real Estate Development Council (NAREDCO) said on Monday.
Read More
RBI panel recommends revision of loan limit for MSME
Updated : 6 years, 8 months ago IST
New Delhi [India], July 25 (ANI): A committee constituted by the Reserve Bank of India (RBI) has recommended that limit for collateral-free lending should be increased to Rs 20 lakh for micro, small and medium enterprises (MSMEs) and self-help groups (SHGs).
Read More
Jalan panel report on surplus RBI reserve finalised: official
Updated : 6 years, 8 months ago IST
New Delhi [India], July 17 (ANI): A committee set up to review the Reserve Bank of India's (RBI) economic capital framework has finalised its report and will submit it to the central bank soon, a senior official said on Wednesday.
Read More
Sensex closes above 39,000 mark, Yes Bank gains 14 pc
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 16 (ANI): Equity traded with a positive bias on Tuesday as investors shrugged off trade data release a day earlier while hoping for an additional interest rate cut by the Reserve Bank of India (RBI) next month.
Read More
RBI imposes penalty of Rs 7 crore on SBI for regulatory lapses
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 16 (ANI): The Reserve Bank of India (RBI) has imposed a penalty of Rs 7 crore on State Bank of India for non-compliance of directions.
Read More
Allahabad Bank stock drops 10 pc after reports of Rs 1,775 crore fraud by
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 15 (ANI): Shares of government-owned Allahabad Bank slumped over 10 per cent in morning trade on Monday after the bank reported a fraud of Rs 1,775 crore by Bhushan Power and Steel Limited (BPSL) to the Reserve Bank of India (RBI).
Read More
SBI waives off NEFT, RTGS charges to boost e-transactions
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 12 (ANI): State Bank of India on Friday announced waiving off charges on IMPS, NEFT and RTGS transactions through internet and mobile banking after the Reserve Bank of India decided to do so in a bid to move the country towards a less-cash economy.
Read More
Banks more risk-tolerant in housing loans but affordability worsened, show
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 12 (ANI): A recent survey by the Reserve Bank of India (RBI) shows that banks are getting more risk-tolerant in housing loans but affordability across the country has worsened over the past four years.
Read More
FM highlights importance of coordination between RBI and government
Updated : 6 years, 8 months ago IST
New Delhi [India], July 8 (ANI): Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Monday underscored the importance of coordination between the Reserve Bank of India (RBI) and the government.
Read More
RBI imposes penalty on four banks for non-compliance of KYC/AML rules
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 3 (ANI): The Reserve Bank of India (RBI) has imposed a penalty of Rs 1.75 crore on four public sector banks for non-compliance with KYC requirement and norms for opening of current accounts.
Read More
Finance Minister Sitharaman to address RBI central board on July 8
Updated : 6 years, 8 months ago IST
New Delhi [India], July 2 (ANI): Finance Minister Nirmala Sitharaman will address the Reserve Bank of India's (RBI's) central board of directors in a customary post-budget meeting on July 8.
Read More