Mumbai (Maharashtra) [India], Nov 19 (ANI): The Reserve Bank of India's (RBI) Central Board on Monday decided to constitute a Board for Financial Supervision (BFS) of the Central bank to examine the framework for banks under Prompt Corrective Action (PCA).
Indore (Madhya Pradesh) [India], Nov 11 (ANI): Former Finance Minister and senior Congress leader P Chidambaram on Sunday launched a scathing attack on the Bharatiya Janata Party-led central government for desperately "eyeing" the reserves of the Reserve Bank of India (RBI) after having "fai
New Delhi [India], Nov 9 (ANI): The Reserve Bank of India (RBI) on Friday cancelled the certificate of registrations of 31 Non-Banking Financial Companies (NBFCs).
New Delhi [India], Nov 5 (ANI): Central Information Commissioner (CIC) M Sridhar Acharyulu on Monday asserted that the Supreme Court has already rejected the Reserve Bank of India's (RBI) objections against releasing the names of wilful defaulters, due to which the RBI is duty-bound to reply
New Delhi [India], Nov 3 (ANI): Amid the rift between the Reserve Bank of India (RBI) and the Bharatiya Janata Party-led Centre, former RBI Chair Professor of Economics, IIM Bangalore and CEO of EGROW Foundation, Charan Singh said that it is just a "family issue" and should not be seen to
New Delhi [India], Oct 31 (ANI): Launching a sharp attack on the Bharatiya Janata Party (BJP)-led government, senior Congress leader Ahmed Patel on Wednesday said that on the 143rd birth anniversary of the country's first home minister Sardar Patel, the institutional undermining of the Reser
New Delhi [India], Oct 24 (ANI): Raising question over the monetary policy of the Reserve Bank of India (RBI) in the present banking crisis, the Comptroller and Auditor General of India (CAG), Rajiv Mehrishi asked what the "country's regulator was doing when the banks were lending huge amoun
New Delhi [India], Oct 21 (ANI): The ASSOCHAM lauded the Reserve Bank of India's (RBI) move to incentivise banks which are enhancing credit lending facilities to non-banking financial companies (NBFCs) by easing liquidity norms and increasing the ceiling for lending to a single NBFC until De
Mumbai (Maharashtra) [India], Oct 20 (ANI): The Reserve Bank of India (RBI) has released a dissent note on the Inter-Ministerial Committee for finalisation of amendments to the Payment and Settlement Systems (PSS) Act, 2007, and opposed the idea of forming an independent body to regulate pay
New Delhi [India], Oct 19 (ANI): The Reserve Bank of India (RBI) on Friday increased lenders' single borrower exposure limit for Non-Banking Financial Companies (NBFCs) which do not finance infrastructure, to 15 per cent of capital funds.
New Delhi [India], Oct 12 (ANI): Increasing prices of fuel, cereal, clothing, footwear and depreciation of rupee has led to India's retail inflation rate pick up from 3.69 per cent in August to 3.77 per cent in September, 2018. Despite the increase, the inflation rate remains within the 4 pe
Mumbai (Maharashtra) [India], Oct 06 (ANI): The Reserve Bank of India, alongside the announcement of the bi-monthly monetary policy statement, proposed the introduction of a Voluntary Retention Route (VRR) to encourage Foreign Portfolio Investors (FPIs) willing to undertake long-term investm