Search For "the reserve bank of india"
RBI increases IMPS transaction limit to Rs 5 lakh per transaction
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 8 (ANI): The Reserve Bank of India (RBI) on Friday announced a revision in the transaction limit for the Immediate Payment Service (IMPS) of National Payments Corporation of India (NPCI), increasing it from Rs 2 lakh to Rs 5 lakh.
Read More
Growth impulses strengthening, inflation trajectory favourable: RBI Govern
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 8 (ANI): The Reserve Bank of India (RBI) on Friday informed that India's growth rate has seen improvement, and the projection for Gross Domestic Product (GDP) for the financial year (FY) of 2021-22 has been retained at 9.5 per cent.
Read More
RBI projects Consumer Price Index inflation at 5.3 pc for FY 2022
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 8 (ANI): The Reserve Bank of India (RBI) has projected the Consumer Price Index (CPI) inflation at 5.3 per cent for the financial year 2022.
Read More
Sensex rises 187 points ahead of RBI's Monetary Policy Committee meet
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 8 (ANI): Ahead of the Reserve Bank of India's Monetary Policy Committee meeting today, the BSE Sensex jumped by 187 points and is trading at 59,864.
Read More
RBI keeps interest rates untouched, continues accommodative stance
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 8 (ANI): The Reserve Bank of India (RBI) on Friday kept the repo rate unchanged for the eighth time straight and continued with an accommodative stance.
Read More
RBI removes Indian Overseas Bank from PCA framework
Updated : 4 years, 9 months ago IST
New Delhi [India], September 29 (ANI): The Reserve Bank of India (RBI) on Wednesday removed Indian Overseas Bank from its prompt corrective action (PCA) framework, subject to certain conditions and continuous monitoring.
Read More
RBI imposes monetary penalty on RBL Bank
Updated : 4 years, 9 months ago IST
New Delhi [India], September 27 (ANI): The Reserve Bank of India (RBI) has, by an order on Monday imposed a monetary penalty of Rs 2.00 crore on RBL Bank Limited for not complying with the Banking Regulation Act, 1949.
Read More
India, Singapore to link UPI, PayNow for faster payments
Updated : 4 years, 10 months ago IST
New Delhi [India], September 14 (ANI): The Reserve Bank of India (RBI) and the Monetary Authority of Singapore (MAS) have announced a project to link their fast payment systems -- Unified Payments Interface (UPI) and PayNow.
Read More
RBI enhances scope for card-tokenisation services
Updated : 4 years, 10 months ago IST
New Delhi [India], September 8 (ANI): The Reserve Bank of India (RBI) on Tuesday enhanced the guidelines on card tokenisation services to improve the safety and security of the payment system.
Read More
RBI imposes Rs 25 lakh penalty on Axis Bank
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 2 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 25 lakh on private sector lender Axis Bank for non-compliance with certain provisions of Know Your Customer (KYC) norms.
Read More
Few takers for restructuring 2.0 amid demand recovery: Crisil
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], August 30 (ANI): Barely one per cent of eligible companies in the portfolio of Crisil Ratings have opted for or are contemplating the debt restructuring facility offered by the Reserve Bank of India (RBI) under its resolution framework 2.0, a survey of 4,700 com
Read More
RBI issues revised instructions for banks on locker management
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], Aug 18 (ANI): The Reserve Bank of India (RBI) on Wednesday issued revised instructions for all banks regarding locker management following orders of the Supreme Court.
Read More