Search For "the reserve bank of india"
RBI to adopt graded approach to introduce digital currency
Updated : 4 years, 1 month ago IST
New Delhi [India], May 28 (ANI): The Reserve Bank of India (RBI) on Friday said that it is proposing to adopt a graded approach to the introduction of Central Bank Digital Currency (CBDC) in conformity with the objectives of monetary policy, financial stability and efficient operations of cu
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Addressing supply-side bottlenecks, capital spending key to improve GDP gr
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 27 (ANI): India's economic growth recovery has lost some momentum due to the Russia-Ukraine conflict and performance in the near future will depend on the reform measures like addressing the supply-side bottlenecks to control inflation and capital spending,
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RBI cancels registration of five NBFCs due to irregular lending practices
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 25 (ANI): The Reserve Bank of India (RBI) on Wednesday said it has cancelled the Certificate of Registration (CoR) of five Non-Banking Financial Companies (NBFCs) due to irregular lending practices.
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India's forex reserves slump by $2.67 billion; 10th weekly fall
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 20 (ANI): India's foreign exchange (forex) reserves declined by $2.676 billion to $593.279 billion for the week ended May 13, the Reserve Bank of India (RBI) data showed on Friday.
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RBI board approves Rs 30,307 cr dividend payment to government
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 20 (ANI): The Central Board of Directors of the Reserve Bank of India on Friday approved the payment of Rs 30,307 crore dividend to the central government for the financial year 2021-22.
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RBI says 6 applicants found not suitable for bank permits
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], May 17 (ANI): The Reserve Bank of India (RBI) on Tuesday said it has found six applicants not suitable for permits of small finance bank licences and universal bank licences.
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Supreme Court ruling on NBFCs removes key regulatory overhang: CRISIL
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], May 16 (ANI): The recent ruling by the Supreme Court that underscores the primacy of the Reserve Bank of India (RBI) as the regulator and supervisor of the non-banking financial companies (NBFCs), has removed a key regulatory overhang, rating agency CRISIL said
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India's forex reserves dip by $1.77 billion; 9th weekly fall
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], May 14 (ANI): India's foreign exchange (forex) reserves dropped by $1.77 billion to $595.95 billion for the week ended May 6 dragged by a sharp drop in the country's foreign currency assets, the Reserve Bank of India (RBI) data showed.
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RBI appoints Sitikantha Pattanaik, Rajiv Ranjan as executive directors
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], May 13 (ANI): The Reserve Bank of India (RBI) on Friday said it has appointed Rajiv Ranjan and Sitikantha Pattanaik as executive directors with effect from May 1, 2022.
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PNB to raise interest rate following 40 basis points repo rate increase by
Updated : 4 years, 2 months ago IST
New Delhi [India], May 12 (ANI): Punjab National Bank (PNB) is set to increase interest rates following the hike in policy repo rate by the Reserve Bank of India, PNB Managing Director and Chief Executive Officer Atul Kumar Goel said on Thursday.
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RBI's repo rate hike part of synchronised event globally: Finance Minister
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], May 7 (ANI): Union Finance Minister Nirmala Sitharaman on Saturday said the recent decision of the Reserve Bank of India (RBI) to hike key policy interest rates is a part of the synchronised event by the central banks globally.
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HDFC raises interest rate on home loans by 0.30 per cent
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], May 7 (ANI): Just three days after the Reserve Bank of India (RBI) hiked the policy repo rate, the country's largest mortgage lender Housing Development Finance Corporation (HDFC) on Saturday announced 0.30 per cent increase in its home loans.
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