Search For "the reserve bank of india"
Fight against inflation will be dogged and prolonged: RBI
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], October 17 (ANI): The Reserve Bank of India has said that its monetary policy remains focussed on realigning inflation within the targeted band but the fight will be "dogged" and "prolonged".
Read More
RBI imposes monetary penalty on Meghraj Nagarik Sahakari Bank
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], October 17 (ANI): The Reserve Bank of India (RBI) said on Monday it has imposed monetary penalty on Gujarat-based The Meghraj Nagarik Sahakari Bank for non-compliance with certain directions of the central bank.
Read More
RBI imposes monetary penalty on Rajgurunagar Sahakari Bank Limited
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], October 17 (ANI): The Reserve Bank of India (RBI) said on Monday it has imposed a monetary penalty of Rs 4 lakh on Pune-based The Rajgurunagar Sahakari Bank Limited on non-compliance with directions of the central bank on the interest rate and deposits.
Read More
SC issues notice on Subramanian Swamy's plea for probe into role of RBI of
Updated : 3 years, 8 months ago IST
New Delhi [India], October 17 (ANI): The Supreme Court on Monday issued notice to the Reserve Bank of India (RBI) and CBI on a plea filed by senior BJP leader Subramanian Swamy seeking a CBI probe into the alleged role of RBI's nominee directors in bank loan fraud cases.
Read More
RBI Guv says central bank taking measures to improve availability of digit
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 16 (ANI): The Governor of the Reserve Bank of India Shaktikanta Das on Sunday said the central bank has been taking progressive measures to improve the availability of digital infrastructure for banking services.
Read More
India's retail inflation increases above tolerance for 3rd straight quarte
Updated : 3 years, 9 months ago IST
New Delhi [India], October 13 (ANI): India's retail inflation surged to 7.41 per cent in September, remaining above the Reserve Bank of India's mandated range of 2-6 per cent for the third straight quarter - nine straight months.
Read More
RBI fails to meet inflation mandate; Sept CPI surges to 7.41 per cent
Updated : 3 years, 9 months ago IST
New Delhi [India], October 12 (ANI): India's retail inflation surged to 7.41 per cent in September, remaining above the Reserve Bank of India's mandated range of 2-6 per cent for the third straight quarter that would force the central bank to explain to the government the reasons for not bei
Read More
RBI cancels 'certificate of registration' of four NBFCs
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 12 (ANI): The Reserve Bank of India (RBI) on Wednesday said it has cancelled the 'certificate of registration' of four non-banking financial companies (NBFCs).
Read More
RBI cancels licence of Pune-based Seva Vikas Cooperative Bank
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 10 (ANI): The Reserve Bank of India on Monday said it has cancelled the licence of Pune-based The Seva Vikas Co-operative Bank Ltd because of the company's earnings prospects and lack of capital.
Read More
RBI imposes monetary penalty on Kerala State Cooperative Bank
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 10 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty on Thiruvananthapuram-based The Kerala State Co-operative Bank Ltd for non-compliance with the provisions of the banking regulations.
Read More
India's forex reserves dip by $4.85 bn; hit lowest level since July 2020
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 8 (ANI): India's foreign exchange (forex) reserves slumped by $4.854 billion to $532.664 billion for the week ended September 30, the lowest level since July 2020, as the Reserve Bank of India (RBI) used its kitty to defend the rupee, which has hit recor
Read More
RBI releases 'concept note' on Central Bank Digital Currency
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 7 (ANI): The Reserve Bank of India (RBI) on Friday released a so-called 'concept note' on Central Bank Digital Currency (CBDC) with an objective to create awareness about the planned features of the digital rupee.
Read More