Search For "the reserve bank of india"
Lakshmi Vilas Bank appoints B K Manjunath as part-time chairman
Updated : 8 years, 7 months ago IST
New Delhi [India], June 8 (ANI): Lakshmi Vilas Bank on Thursday informed the stock exchange that subsequent to approval granted by the Reserve Bank of India (RBI), the Board of Directors of the bank at their meeting have co-opted B K Manjunath as additional director in the category of Non- E
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MPC holds rates; low inflation in April reason for status quo: RBI
Updated : 8 years, 7 months ago IST
New Delhi [India], June 7 (ANI): The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), headed by Governor Urjit Patel kept the repo rate unchanged at 6.25 percent after its second bimonthly review of this financial year here today.
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RBI to keep policy rates unchanged: Economists
Updated : 8 years, 7 months ago IST
New Delhi [India], June 7 (ANI): With the Reserve Bank of India (RBI) announcing its second bi-monthly monetary policy review today, the economists have said that there would be no change to interest rates, adding that the apex body would adopt a wait and watch policy to see how inflation tr
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RBI imposes Rs. 5 lakh penalty on Jalore Nagrik Sahakari Bank
Updated : 8 years, 7 months ago IST
New Delhi [India], June 5 (ANI): The Reserve Bank of India (RBI) on Monday imposed a monetary penalty of Rs. five lakh on the Jalore Nagrik Sahakari Bank Ltd. on account of violation of the bank's guidelines.
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RBI appoints S. Ganesh Kumar as New Executive Director
Updated : 8 years, 7 months ago IST
New Delhi [India], June 1 (ANI): The Reserve Bank of India on Thursday announced appointment of S. Ganesh Kumar as Executive Director (ED).
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RBI to issue Re. one denomination currency notes
Updated : 8 years, 7 months ago IST
New Delhi [India], May 30 (ANI): The Reserve Bank of India (RBI) on Tuesday announced the introduction of currency notes in one rupee denomination, printed by the Government of India.
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RBI to conduct Variable Rate Reverse Repo Auctions today
Updated : 8 years, 7 months ago IST
Mumbai [India], May 11 (ANI): The Reserve Bank of India (RBI) will conduct 7 day, 14 day and 28 day variable rate reverse repo auctions under LAF on Thursday.
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IDBI Bank on RBI's radar for bad loans
Updated : 8 years, 7 months ago IST
New Delhi [India], May 10 (ANI): The Reserve Bank of India (RBI) on Wednesday invoked prompt corrective action (PCA) on government-owned IDBI Bank due to its bad loans and return on assets (ROA).
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FICCI fully supportive of Centre's move to act against NPAs
Updated : 8 years, 7 months ago IST
New Delhi [India], May 5 (ANI): The Federation of Indian Chamabers of Commerce and Industry (FICCI) has said that it fully supports the steps taken by the government and the Reserve Bank of India to address the issue of rising NPAs which have plagued the banking sector.
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Govt. empowerment of RBI to deal with stressed assets was necessary: Jaitl
Updated : 8 years, 7 months ago IST
New Delhi [India], May 5 (ANI): Union Finance Minister Arun Jaitley on Friday said that it was necessary to empower the Reserve Bank of India (RBI) in relation to specific stressed assets, since it was doubtful that whether the language of Section 35 A of the Banking Regulations Act covered
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Centre notifies new Banking Regulation Act
Updated : 8 years, 7 months ago IST
New Delhi [India], May 5 (ANI): The Narendra Modi-led government on Friday notified the ordinance to amend the Banking Regulation Act, empowering the Reserve Bank of India (RBI) and banks to initiate bankruptcy proceedings against chronic defaulters.
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RBI penalises two authorised dealer banks over violation of instructions
Updated : 8 years, 7 months ago IST
New Delhi [India], Apr 26 (ANI): The Reserve Bank of India (RBI) on Wednesday imposed monetary penalty on the Hongkong and Shanghai Banking Corporation Ltd. and the Kotak Mahindra Bank for violation of instructions on reporting requirements of FEMA 1999.
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