Search For "the reserve bank of india"
RBI to set up separate Enforcement Department
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar. 31 (ANI): The Reserve Bank of India (RBI) is to set up a separate Enforcement Department (EFD) proposed to be opened on April 3.
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RBI issues advisory on E-wallets; enables PPI's for purchase of goods
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar 30 (ANI): The Reserve Bank of India (RBI) on Thursday advised the users of Pre-paid Payment Instruments (PPIs), including mobile and electronic wallets that only non-bank entities authorised by RBI under the Payment and Settlement Systems Act, 2007 (the Act) can issue
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RBI announces closure of all payment systems on April 1
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar. 30 (ANI): Contrary to its previous announcement that was circulated with regards to banks being operational on April 1, the Reserve Bank of India (RBI) in a revised circular stated that all payment systems will be closed on the aforementioned date.
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PM Modi administration doesn't listen to him: DMK on RTI over demonet
Updated : 8 years, 7 months ago IST
Chennai (Tamil Nadu) [India], Mar. 27 (ANI): After the Reserve Bank of India (RBI) refused to answer as to why the conversion of old currency was not allowed under the Right to Information (RTI) Act, the Dravida Munnetra Kazhagam (DMK) on Monday taunted the Central Government saying it didn&
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RBI signs MoU with Central Bank of Nigeria
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar 22 (ANI): The Reserve Bank of India on Wednesday announced its Memorandum of Understanding (MoU) on "Supervisory Cooperation and Exchange of Supervisory Information" with the Central Bank of Nigeria
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RBI imposes penalty on Eko India Financial Services Pvt. Ltd.
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar. 21 (ANI): The Reserve Bank of India (RBI) on Tuesday imposed a monetary penalty of Rs. 5, 00,000 on Eko India Financial Services Private Limited, in exercise of the powers vested under the provisions of section 30 of the PSS Act, 2007 for not adhering to RBI instructi
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Maharashtra: RBI imposes penalty worth Rs. 2 lakh on Satara bank
Updated : 8 years, 7 months ago IST
Satara (Maharashtra) [India], Mar. 21 (ANI): The Reserve Bank of India (RBI) on Tuesday imposed a monetary penalty of Rs. 2 lakh on Harihareshwar Sahakari Bank Ltd. here for violating provisions relating to granting loans against property owned by directors.
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Finova Capital to disburse Rs. 100 Crore worth of loan to Indian MSMEs
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar. 14 (ANI): Finova Capital, the NBFC licensed by the Reserve Bank of India (RBI) announced its target of disbursing loans worth Rs. 100 Crore in 2017 to the Indian MSME sector.
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Cash withdrawal limits from banks removed from today
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar. 13 (ANI): All restrictions on cash withdrawal from savings bank account have been removed from today as the Reserve Bank of India (RBI) had announced about it last month.
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RBI issues directions on Alwar Urban Co-operative Bank
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar 9 (ANI): The Reserve Bank of India on Thursday notified an issue to Alwar Urban Co-operative Bank under sub-section (1) of Section 35A of the Banking Regulation Act, restricting the bank to grant or renew any loans and advances, make any investment, incur any liability
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RBI releases 'Quarterly Statistics on Deposits, Credit of Scheduled C
Updated : 8 years, 7 months ago IST
New Delhi [India], Mar 1 (ANI): The Reserve Bank of India (RBI) on Wednesday released its quarterly statistics on Deposits and Credit of Scheduled Commercial Banks (SCBs) as on December 31, 2016.
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Delhi Metro smart cards to be non-refundable from April
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb. 28 (ANI): Aiming to comply with the guidelines of the Reserve Bank of India and also for making Metro Smart Card interoperable, it has been decided that Delhi Metro Smart Cards shall be non-refundable from April 1, 2017.
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