Search For "the reserve bank of india"
Eduvanz secures RBI approval to disburse loans for skill development
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 12 (ANI): Eduvanz Financing - a skill development loan provider, announced that it has been granted the non-banking financial company (NBFC) licence by the Reserve Bank of India (RBI) to start providing loans in the multi-billion skill development sector.
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RBI to link base rate with MCLR
Updated : 8 years, 1 month ago IST
New Delhi [India] February 8 (ANI): The Reserve Bank of India (RBI) on Thursday said that it will link the base rate with the Marginal Cost of Funds based Lending Rates (MCLR) from April 1 to ensure expeditious transmission of its policy rate to borrowers.
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Rates unchanged will avoid further panic in domestic markets
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 7 (ANI): Chief Economist HDFC Bank, Abheek Barua on Wednesday said the decision for the Reserve Bank of India (RBI) to keep the he repo rate and reverse repo rate unchanged at 6 percent and 5.75 percent respectively was done in view to avoid another bout of panic in th
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RBI grants payment extension to select MSMEs
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): In a bid to relieve Micro, Small and Medium Enterprises (MSMEs) of payment-related woes, the Reserve Bank of India (RBI) on Wednesday announced that select companies would be provided additional time to repay loans.
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Inflation projected at 5.1-5.6% in the next fiscal
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): The Reserve Bank of India (RBI) on Wednesday revealed that the estimated inflation for first half of the next fiscal would stand at 5.1 to 5.6 percent.
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Closing bell: Sensex ends 113.23 pts lower, Nifty at 10,476.70
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): Following the announcement of the Reserve Bank of India's (RBI) sixth bi-monthly monetary policy statement, market indices traded lower on Wednesday evening.
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RBI keeps repo rate, reverse repo rate unchanged
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 7 (ANI): The Reserve Bank of India (RBI) on Wednesday kept the repo rate and reverse repo rate unchanged at 6 percent and 5.75 percent respectively.
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RBI to announce its Monetary Policy today
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 7 (ANI): The Reserve Bank of India (RBI) on Wednesday will announce its decisions on the rate cuts after its Monetary Policy Committee (MPC) meeting, which will be the first after Union Budget 2018-19.
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RBI likely to keep policy rates on hold
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 6 (ANI): In the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting, which will be held today in Mumbai, the apex bank is expected to keep policy rates on hold for this week.
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RBI need not react to bond yields, MSP for interest rate review: ASSOCHAM
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 4 (ANI): The Reserve Bank of India (RBI) should not over-react to the high yield pressures of the bond market, along with the government promising a substantial revision in the Minimum Support Price (MSP) for farmers and refrain from going in for any hike in the benchm
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Forex reserves soar by $3bn to $417.789bn
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 3 (ANI): Foreign exchange reserves saw a USD three billion surge to USD 417.789 billion in the week to January 26, the Reserve Bank of India (RBI) stated.
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Small finance, payment banks to expand pension scheme outreach
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 27 (ANI): A total of 11 payment banks and 10 small finance banks were granted license from the Reserve Bank of India (RBI) to start banking operations in India, in a move to help expand the outreach of Atal Pension Yojana (APY), the government's pension scheme.
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