Search For "the reserve bank of india"
Delhi HC grants 6 weeks to RBI to file reply on Uniform Banking Code
Updated : 3 years, 3 months ago IST
The Delhi High Court on Monday granted six weeks more time to the Reserve Bank of India (RBI) to respond on a Public Interest Litigation (PIL) seeking direction to implement a Uniform Banking Code for foreign exchange transactions to control black money generation and benami transactions.
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India's forex reserves decline by USD 2.4 billion
Updated : 3 years, 3 months ago IST
India's foreign exchange reserves declined by about USD 2.4 billion to USD 560.003 billion in the week ending on March 10, according to the Reserve Bank of India's latest data.
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RBI imposes monetary penalty on IGH Holdings over non-compliances
Updated : 3 years, 3 months ago IST
The Reserve Bank of India (RBI) imposed a monetary penalty of Rs 11.25 lakh on IGH Holdings Private Limited, Mumbai (the company) for some non-compliance with the provisions of RBI Act, among some others.
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Delhi HC asks govt, RBI to respond to Subramanian Swamy's PIL seeking prob
Updated : 3 years, 3 months ago IST
The Delhi High Court on Friday asked the government, the Reserve Bank of India (RBI), and the Securities Exchange Board of India (SEBI) to file responses of former Rajya Sabha MP Subramanian Swamy's PIL seeking direction to form a committee consisting of experts to investigate into the trans
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Indian Renewable Energy Development Agency gets 'Infrastructure Finance Co
Updated : 3 years, 4 months ago IST
The Reserve Bank of India (RBI) granted an 'Infrastructure Finance Company (IFC)' status to Indian Renewable Energy Development Agency (IREDA) today. It was earlier classified as an 'Investment and Credit Company (ICC)', as per an official release.
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Cyril Amarchand Mangaldas advises Kotak Mahindra Bank on Rs 537 crore acqu
Updated : 3 years, 4 months ago IST
Mumbai (Maharashtra)/ New Delhi [India], March 3 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised Kotak Mahindra Bank Limited (Kotak), in relation to the acquisition of Sonata Finance Private Limited (Sonata), a Non-Banking Finance Company - Micro Finance Institution registered wi
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China, Russia had reservations on Bali Leaders' Declaration, that's why we
Updated : 3 years, 4 months ago IST
During the press conference held jointly by the finance ministry and the Reserve Bank of India on the G20 Presidency and the outcome of the G20 meeting, the finance minister said, "Indian Presidency got strong support for all our priorities. I am grateful to the US Secretary Janet Yellen
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Repo Rate hike by RBI: Developers expect stability
Updated : 3 years, 4 months ago IST
Delhi-NCR [India], February 21 (ANI/NewsVoir): The Reserve Bank of India (RBI) has announced a repo rate hike of 25 basis points taking the total interest rate to 6.5 per cent. The RBI's decision to raise the rate was driven by concerns about inflation. However, the developers feel that RBI
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Paytm Payments Bank becomes first to launch UPI LITE feature
Updated : 3 years, 4 months ago IST
Designed by the National Payments Corporation of India (NPCI), UPI LITE was launched by the Reserve Bank of India in September 2022. It also de-clutters the bank passbook of small value transactions, as these payments would now only show in the Paytm balance and history section, and not in t
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RBI issues updated list of unauthorized forex trading entities
Updated : 3 years, 5 months ago IST
The Reserve Bank of India has updated and included names of entities or platforms or websites which appear to be promoting unauthorised entities or electronic trading platforms for forex trade
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RBI Repo Rate Hike: Real Estate Sector Voices for Stability
Updated : 3 years, 5 months ago IST
New Delhi [India], February 10 (ANI/NewsVoir): The Reserve Bank of India (RBI) recently raised its repo rate by 25 basis points, taking the total interest rate to 6.5 per cent. While this is only a nominal increase and is not expected to impact the real estate sector, both residential and co
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Economic Survey: India's 2023-24 GDP growth in real terms projected at 6.5
Updated : 3 years, 5 months ago IST
The Economic Survey document said the growth projection is broadly comparable to the estimates provided by multilateral agencies such as the World Bank, the IMF, the Asian Development Bank and the Reserve Bank of India.
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