Search For "the reserve bank of india"
RBI issues advisory to banks emphasising need for preparedness for transit
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], July 8 (ANI): The Reserve Bank of India (RBI) on Thursday issued an advisory to banks and other RBI-regulated entities emphasizing the need for preparedness for the transition away from the London Interbank Offered Rate (LIBOR).
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RBI imposes penalties on SBI, 13 banks for violation of rules
Updated : 5 years ago IST
New Delhi [India], July 8 (ANI): The Reserve Bank of India (RBI) on Tuesday imposed a monetary penalty on fourteen banks, including the State Bank of India (SBI) and Bank of Baroda (BOB) for violation of various rules.
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RBI to conduct Rs 20,000 crore bond purchase on July 8
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], July 6 (ANI): The Reserve Bank of India (RBI) will conduct open market purchase of government bonds worth Rs 20,000 crore under the G-sec Acquisition Programme (G-SAP 2.0) on July 8.
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Reliance Home Finance takes up resolution plan approved by lenders
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], June 21 (ANI): The board of directors at Reliance Home Finance (RHF) on Monday took note of a resolution plan approved by lenders under the Reserve Bank of India's (RBI's) prudential framework for resolution of stressed assets.
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RBI gives nod to Centrum Financial Services for small finance bank
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], June 18 (ANI): The Reserve Bank of India (RBI) on Friday decided to grant in-principle approval to Centrum Financial Services Ltd to set up a small finance bank.
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New harmonisation proposals to create level playing field for NBFCs-MFIs:
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], June 17 (ANI): Harmonisation guidelines proposed by the Reserve Bank of India (RBI) for non-banking finance companies and microfinance institutions (NBFCs-MFIs) are need of the hour to address diverse interpretations of regulations by multiple forms of entities,
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RBI extends risk-based internal audit norms to HFCs
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 11 (ANI): The Reserve Bank of India (RBI) on Friday extended risk-based internal audit (RBIA) system for housing finance companies to enhance quality and effectiveness of their internal audit system.
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RBI's third tranche of Rs 40,000 crore OMO on June 17
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 10 (ANI): The Reserve Bank of India (RBI) said on Thursday it will conduct third tranche of open market purchase of government securities and state development loans under G-sec Acquisition Programme (G-SAP 1.0).
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Centre re-appoints Mahesh Kumar Jain as RBI Deputy Governor
Updated : 5 years, 1 month ago IST
New Delhi [India], June 9 (ANI): The Centre on Wednesday re-appointed former IDBI Bank managing director (MD) and chief executive officer (CEO) Mahesh Kumar Jain, as the deputy governor of the Reserve Bank of India (RBI) for a period of two years.
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PIL in SC seeking direction to Centre, RBI not to classify loan account as
Updated : 5 years, 1 month ago IST
New Delhi [India], June 6 (ANI): A petition has been filed before the Supreme Court by an NGO seeking appropriate directions to the Centre and the Reserve Bank of India (RBI) to issue a notification to all the banks to refrain from classifying any loan account as NPA for non-payment of EMI f
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Confident enough that all will revise their GDP growth projection to 10-10
Updated : 5 years, 1 month ago IST
New Delhi [India], June 5 (ANI): After the second wave of Covid-19 pandemic had hit the country hard, which led the Reserve Bank of India (RBI) reduce its Gross Domestic Product (GDP) growth projection by 1 per cent in the current financial year, Rajiv Kumar, Vice-Chairman, NITI Aayog on Sat
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Consumer confidence drops to record low: RBI survey
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 5 (ANI): Consumer confidence has dipped to a new low as the second wave of Covid-19 pandemic continues to take a toll on lives and businesses across the country, a new survey by the Reserve Bank of India (RBI) shows.
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