Search For "the reserve bank of india"
RBI lifts business restrictions imposed on Mastercard
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], June 16 (ANI): The Reserve Bank of India (RBI) on Thursday announced that it has lifted business restrictions imposed on Mastercard Inc with immediate effect.
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Rs 18 lakh crore NBFC debt set to become dearer by 85-105 bps this fiscal
Updated : 4 years, 1 month ago IST
New Delhi [India], June 14 (ANI): Borrowing costs for non-banking financial companies (NBFC) are expected to become costlier by 85-105 basis points in the current financial year due to an increase in policy rates by the Reserve Bank of India (RBI), CRISIL Ratings said in a report released on
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Zydus Life's Pankaj R Patel named on RBI Central Board
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 14 (ANI): Zydus Lifesciences Limited's chairman Pankaj R Patel has been appointed as a part-time non-official director in the Central Board of the Reserve Bank of India (RBI), the company said on Tuesday.
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RBI imposes monetary penalty on Urban Co-operative Bank, Budaun
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 13 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty on Urban Co-operative Bank Ltd, Budaun for contravention of the central bank's regulations.
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India's forex reserves slide by $306 million to $601 billion
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 11 (ANI): India's foreign exchange (forex) reserves fell by $306 million to $601.057 billion for the week ended June 3 dragged by a sharp decline in the value of foreign currency assets, the Reserve Bank of India (RBI) data showed.
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RBI Deputy Governors discuss regulatory issues with CEOs of small finance
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 10 (ANI): The Reserve Bank of India's (RBI) deputy governors, M Rajeshwar Rao and M K Jain on Friday met with managing directors (MDs) and chief executive officers (CEOs) of small finance banks to discuss governance and regulatory issues.
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Amit Shah welcomes important steps announced by RBI to increase credit flo
Updated : 4 years, 1 month ago IST
New Delhi [India], June 9 (ANI): Union Minister for Home and Cooperation Amit Shah on Thursday welcomed the important steps announced by the Reserve Bank of India (RBI) to increase credit flow through cooperative banks.
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Sensex extends losing run to 4th day as RBI hikes policy repo rate
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): The Indian stock markets' key indices, Sensex and Nifty, closed in the red for the fourth straight day on Wednesday as the Reserve Bank of India (RBI) hiked policy repo rate by 50 basis points to tame inflation.
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Sensex rises 153 points after RBI retains GDP growth forecast at 7.2 per c
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): The Indian stock markets' key indices, Sensex and Nifty, turned positive after the Reserve Bank of India (RBI) retained the GDP growth forecast for the current fiscal at 7.2 per cent and hiked policy repo rate by 50 basis points to tame inflation.
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RBI proposes to link credit cards to UPI platform
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): The Reserve Bank of India (RBI) on Wednesday proposed to allow the linking of credit cards to the Unified Payments Interface (UPI) platform.
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RBI raises inflation forecast for FY 2022-23 to 6.7 per cent
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): The Reserve Bank of India (RBI) on Wednesday raised inflation forecast for the current financial year to 6.7 per cent from its earlier projection of 5.7 per cent.
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RBI hikes policy repo rate by 50 bps, raises inflation forecast to 6.7 per
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): The Reserve Bank of India (RBI) on Wednesday hiked the policy repo rate by 50 basis points to 4.9 per cent and raised the inflation projection for the current financial year to 6.7 per cent.
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