Search For "the reserve bank of india"
RBI imposes Rs 5.72 crore monetary penalty on Federal Bank Limited
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], July 8 (ANI): The Reserve Bank of India (RBI) said on Friday it has imposed a monetary penalty of Rs 5.72 crore on Federal Bank Limited for non-compliance with the central bank's direction related to the delivery of financial services.
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RBI imposes monetary penalty on Bank of India
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], July 8 (ANI): The Reserve Bank of India (RBI) said on Friday it has imposed a monetary penalty of Rs 70 lakh on the Bank of India for violation of Know Your Customer (KYC) related regulations.
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RBI should internationalise Indian currency rupee, says SBI Research
Updated : 4 years ago IST
New Delhi [India], July 8 (ANI): The Reserve Bank of India (RBI) should make a conscious effort to internationalise the Indian currency rupee amid disruptions in payments caused by the ongoing Russia-Ukraine war, said SBI Research in a report on Thursday.
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RBI selects Hansa Research Group to conduct field work for inflation expec
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], July 6 (ANI): The Reserve Bank of India (RBI) on Wednesday said it has decided to engage Mumbai-based Hansa Research Group to conduct field work for the July 2022 round of consumer confidence and inflation expectation surveys.
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RBI announces measures to boost forex inflows, rupee slide
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], July 6 (ANI): The Reserve Bank of India (RBI) on Wednesday announced a slew of measures to boost foreign exchange (forex) inflows amid slump in the value of rupees.
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What is Monetary Policy Committee, and what is its function?
Updated : 4 years ago IST
New Delhi [India], July 5 (ANI): The MPC, or the Monetary Policy Committee under the Reserve Bank of India is a six-member body that is mandated to determine the policy interest rates required to achieve the inflation target, while keeping in mind the objective of economic growth.
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RBI imposes monetary penalty on IndusInd Bank
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], July 4 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 1 crore on IndusInd Bank for non-compliance with certain directions related to Know Your Customer (KYC).
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RBI imposes monetary penalty on Kotak Mahindra Bank
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], July 4 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed over Rs 1 crore monetary penalty on Kotak Mahindra Bank Limited for non-compliance with certain directions related to customer protection.
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RBI launches survey on International Trade in Banking Services
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], July 4 (ANI): The Reserve Bank of India (RBI) on Monday said it has launched the 2021-22 round of its survey on International Trade in Banking Services (ITBS).
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India's forex reserves rise $2.73 billion after three week of fall
Updated : 4 years ago IST
New Delhi [India], July 2 (ANI): India's foreign exchange reserves rose by $2.734 billion to $593.323 billion during the week that ended on June 24, the Reserve Bank of India's weekly data showed.
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Cryptocurrencies are a clear danger, need to guard against any disruption
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], June 30 (ANI): Cryptocurrencies are a clear danger and anything that derives value based on make-believe, without any underlying, is just speculation under a sophisticated name, RBI Governor Shaktikanta Das has said in the foreword of the Financial Stability Re
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Bank deposit growth moderated year-on-year in March, says RBI
Updated : 4 years ago IST
New Delhi [India], June 29 (ANI): Bank deposit growth has moderated year-on-year to 10.0 per cent in March 2022 as compared with 11.9 per cent a year ago, the Reserve Bank of India data showed.
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