Search For "the reserve bank of india"
Delhi HC asks RBI to explain how G Pay is operating
Updated : 6 years, 11 months ago IST
New Delhi (India) Apr 10 (ANI): The Delhi High Court on Wednesday asked the Reserve Bank of India (RBI) to explain how Google's mobile payment app G Pay is facilitating financial transactions without requisite authorisation.
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SBI reduces its MCLR, housing loan rates from April 10
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 9 (ANI): Taking a cue from recent policy measures announced by the Reserve Bank of India (RBI), the State Bank of India (SBI) on Tuesday, reduced its Marginal Cost of Funds Based Lending Rate (MCLR) by 5 bps across all tenors, resulting in MCLR coming down f
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Lakshmi Vilas Bank-Indiabulls Housing Finance merger not approved: RBI
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 07 (ANI): The Reserve Bank of India (RBI) has said it has not approved the announcement of a merger between Lakshmi Vilas Bank and Indiabulls Housing Finance Limited.
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Sensex closes 178 points higher at 38,862, Nifty at 11,666
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 5 (ANI): Equity benchmark indices closed higher on Friday as investors followed positive global cues a day after the Reserve Bank of India (RBI) cut key policy rate by an expected 25 basis points.
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Markets slide as technology, banking stocks taking a beating
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 4 (ANI): Equity benchmark indices retreated further on Thursday with banking and tech stocks witnessing correction after the Reserve Bank of India cut repo rate by 25 basis points in a bid to stimulate private investments and economic growth.
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RBI moves to stimulate growth, lowers repo rate by 25 basis points to 6 pc
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 4 (ANI): The Reserve Bank of India (RBI) on Thursday cut repo rate for the second consecutive time this year to 6 per cent from the current 6.25 per cent, a move that will cheer industry leaders over relief from high borrowing costs a week before the first p
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RBI cuts repo rate by 25 basis points to 6 pc
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 4 (ANI): The Reserve Bank of India (RBI) on Thursday cut repo rate for the second consecutive time this year to 6 per cent from the current 6.25 per cent, a move that will cheer industry leaders over relief from high borrowing costs a week before the firs
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Stock markets sudued in early trading ahead of RBI meet
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 4 (ANI): Equity benchmarks tripped between gains and losses on Thursday morning as investors awaited for the Reserve Bank of India (RBI) to release its policy statement later during the day.
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Former police inspector gets two-year for violating FERA Act
Updated : 6 years, 11 months ago IST
Chennai (Tamil Nadu) [India] April 3 (ANI): A court here on Wednesday pronounced two years' rigorous imprisonment to a former police inspector Abdul Samad for carrying foreign currencies to the tune of Rs 2,94,50,120 without prior permission from the Reserve Bank of India (RBI) in 1993. Read More
RBI fines PNB for deficiencies in regulatory compliance
Updated : 6 years, 12 months ago IST
Mumbai (Maharashtra) [India], Mar 26 (ANI): The Reserve Bank of India (RBI) has imposed a penalty of Rs 2 crore on public sector Punjab National Bank (PNB) for non-compliance of regulatory directions with regard to SWIFT operations.
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RBI working on regulatory guidelines for Fin-Tech companies
Updated : 7 years ago IST
New Delhi [India], Mar 25 (ANI): The Reserve Bank of India (RBI) will set up a regulatory sandbox to benefit financial technology (Fin-Tech) companies by way of reduced time to launch innovative products at a lower cost, Governor Shaktikanta Das said on Monday.
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BJP forced RBI to support demonetisation, says Cong leader Jairam Ramesh
Updated : 7 years ago IST
Bengaluru (Karnataka) [India], Mar 11 (ANI): The BJP government at the Centre had forced the Reserve Bank of India (RBI) to support demonetisation, said Congress leader and former Union Minister Jairam Ramesh here on Monday.
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