Search For "the reserve bank of india"
Deposits exceeding Rs. two lakh without linking PAN won't be operatio
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec. 16 (ANI): In yet another step to curb black money and prevent illegal transactions, the Reserve Bank of India (RBI) on Friday announced that those who deposited over Rs. two lakh after November 9 without Permanent Account Number (PAN) will not be able to operate thei
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Senior RBI official arrested for alleged involvement in currency exchange
Updated : 8 years, 7 months ago IST
Bengaluru (Karnataka) [India], Dec. 13 (ANI): A Senior Special Assistant of the Reserve Bank of India (RBI) has been arrested by the Central Bureau of Investigation (CBI) in Bengaluru for his alleged involvement in currency exchange.
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Chandrababu Naidu-led panel on demonetisation to hold maiden meeting today
Updated : 8 years, 7 months ago IST
Mumbai [India], Dec. 8 (ANI): The Central Committee of Chief Ministers and experts on demonetisation-related issues headed by N. Chandrababu Naidu will hold its first formal meeting at the Reserve Bank of India (RBI) headquarters in Mumbai today.
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Arvind Subramanian hails RBI's "brilliant call" to keep rep
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec 7 (ANI): Chief Economic Advisor Arvind Subramanian on Wednesday lauded the Reserve Bank of India (RBI) for keeping the key lending rate or the repo rate unchanged at 6.25 percent.
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Industry expecting clarity from RBI on demonetisation disruption, says ASS
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec.7 (ANI): By maintaining a status quo on the policy rates, the Reserve Bank of India has defied a widespread expectation of at least a 25 basis points cut in the interest rates, but the industry and the trade expected a little more clarity from the central bank on the t
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50 BPS point cut in Repo Rate would have given boost to flagging industria
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec.7 (ANI): The Federation of Indian Chambers of Commerce and Industry (FICCI) on Wednesday expressed its disappointment over the Reserve Bank of India's decision not to make a change in the Repo Rate.
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RBI keeps repo rate unchanged at 6.25 pct; to withdraw incremental CRR
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec. 7 (ANI): The Reserve Bank of India (RBI) on Wednesday kept its key lending rate, the repo rate unchanged at 6.25 percent against a widely-anticipated cut of 25 basis points.
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Sensex, Nifty under pressure after RBI surprises repo rates unchanged
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec 7 (ANI): The Reserve Bank of India (RBI) on Wednesday left the policy rate unchanged at 6.25 percent in its fifth bimonthly policy review.
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RBI cuts FY17 GDP growth target to 7.1 pct on demonetisation impact
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec 7 (ANI): The Reserve Bank of India on Wednesday trimmed the GDP growth forecast for the current fiscal sharply to 7.1 percent from 7.6 percent target earlier, citing demonetisation as the main reason.
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RBI relaxes norms for online card transactions up to Rs. 2,000
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec 7 (ANI): The Reserve Bank of India on Wednesday relaxed norms for additional factor of authentication (AFA) for payments up to Rs 2,000 online.
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RBI likely to cut rates by 25 basis today as India battles demonetization
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec 7 (ANI): The Reserve Bank of India (RBI) Governor Urjit Patel is set to present his second monetary policy review in the midst of the "demonetisation" exercise that has disrupted individuals and businesses alike here today.
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RBI to announce maiden policy review post-demonetisation today
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec. 7 (ANI): The Reserve Bank of India (RBI) will announce monetary policy review today, the first after demonetization of old 500 and 1000 rupees notes, amid expectations of interest rate cut.
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