Search For "the reserve bank of india"
Current account deficit narrows to $4.6 billion in Q4 FY19: RBI
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 28 (ANI): India's current account deficit (CAD) totalled 4.6 billion dollars or 0.7 per cent of the GDP in the fourth quarter (January to March) of 2018-19, the Reserve Bank of India (RBI) said on Friday.
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RBI issues clarifications on data localisation circular
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 27 (ANI): The Reserve Bank of India (RBI) has issued clarifications on certain implementation issues sought by payment system operators on the data regulations.
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RBI advises banks to accept coins of all denominations
Updated : 6 years, 9 months ago IST
New Delhi [India], June 27 (ANI): The Reserve Bank of India (RBI) has advised all banks to immediately direct all their branches to accept coins of all denominations.
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RBI penalises HDFC Bank for violating KYC norms
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Jun 19 (ANI): The Reserve Bank of India (RBI) has imposed a fine of Rs one crore on private sector lender HDFC Bank for violation norms relating to know-your-customer (KYC), anti-money laundering and reporting of frauds.
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RBI to focus on growth when inflation is under control: Das
Updated : 6 years, 9 months ago IST
Mussoorie (Uttarakhand) [India], June 17 (ANI): Amid global slowdown and weakening trade, the Reserve Bank of India (RBI) has been striving to boost economic growth in the country when inflation is under control, its Governor Shaktikanta Das said on Monday.
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No charges for RTGS, NEFT transactions from July 1
Updated : 6 years, 9 months ago IST
New Delhi [India], June 11 (ANI): The Reserve Bank of India (RBI) on Tuesday directed banks to withdraw the charges levied on the National Electronic Funds Transfer (NEFT) and Real-Time Gross Settlement (RTGS) transactions with effect from July 1.
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RBI issues revised norms on stressed assets
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): The Reserve Bank of India (RBI) on Friday released fresh guidelines to deal with bad loans, which mandated banks to start the resolution even if there was a one-day default.
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Stocks end in the green after volatile session, pharma stocks slide
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): Equity benchmark indices oscillated between gains and losses on Friday, a day after the Reserve Bank of India (RBI) marginally reduced key interest rates and serious funding challenges appeared to cripple non-bank financial institutions.
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Stocks gain marginally in early hours amid volatile trading
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): Equity benchmark indices gained marginally in volatile trading during early hours on Friday, a day after the Reserve Bank of India's monetary policy cut interest rates marginally on expected lines.
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Stocks plunge despite RBI rate cut, financials under pressure
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): Equity benchmark indices were dragged down by financial stocks in afternoon trade on Thursday even though the Reserve Bank of India (RBI) reduced repo rate by 25 basis points to 5.75 per cent in its second bi-monthly monetary policy meet of fiscal
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RBI scraps charges for RTGS and NEFT transactions
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): In an effort to boost digital payments, the Reserve Bank of India (RBI) on Thursday scrapped charges levied on Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) transactions.
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RBI cuts repo rate by 25 basis points to 5.75 pc, shifts policy stance to
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): The Reserve Bank of India (RBI) on Thursday cut repo rate for the third consecutive time this year to 5.75 per cent from the current 6 per cent amid falling economic growth and uncertain global scenario.
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