Search For "the reserve bank of india"
RBI keeps repo rate unchanged amid high inflation
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], October 9 (ANI): The Reserve Bank of India (RBI) on Friday kept key repo rate unchanged at 4 per cent in view of rising inflation and faint signs of economic growth amid gradual lifting of coronavirus (COVID-19) countrywide lockdown.
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Punjab CM directs procurement agencies to pay pending dues of farmers
Updated : 5 years, 9 months ago IST
Chandigarh (Punjab) [India], October 7 (ANI): With the Reserve Bank of India on Wednesday sanctioning a Cash Credit Limit (CCL) amount of Rs 30,220.82 crore for procurement of paddy in the Kharif marketing season 2020-21 for the month of October, Punjab Chief Minister Captain Amarinder Singh
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SC dissatisfied with affidavit on moratorium, interest waiver; orders Cent
Updated : 5 years, 9 months ago IST
New Delhi [India], October 5 (ANI): Dissatisfied with an affidavit filed on two petitions, seeking an extension of the moratorium period on the repayment of loans and waiver of interest on "loans up to Rs 2 crore" in the wake of the COVID-19 pandemic, the Supreme Court on Monday directed
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States, UTs to borrow over Rs 2 lakh cr from markets during Oct-Dec 2020 q
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], September 30 (ANI): The Reserve Bank of India (RBI) on Wednesday announced that the quantum of total market borrowings by the state governments and Union Territories for the quarter October-December 2020 is expected to be Rs 2,02,242.35 crores an official sta
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RBI extends enhanced borrowing limit for banks under MSF till March 31
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], September 29 (ANI): The Reserve Bank of India (RBI) has extended the enhanced borrowing facility provided to banks by six months to meet liquidity shortage till March 31, 2021.
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RBI postpones MPC meet on key interest rates
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], September 28 (ANI): The Reserve Bank of India (RBI) has rescheduled the meeting of its Monetary Policy Committee (MPC) which was to be held from September 29 to October 1.
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RBI approves 3-member committee of directors to manage Lakshmi Vilas Bank
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], September 28 (ANI): The Reserve Bank of India (RBI) has approved a three-member committee of directors to run the day-to-day functioning of cash-strapped Lakshmi Vilas Bank.
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RBI authorises Vakrangee to manage Bharat Bill payments
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], September 25 (ANI): The Reserve Bank of India (RBI) has authorised non-banking company Vakrangee Ltd to manage services under the scope of Bharat Bill Payment System.
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RBI asks urban co-op banks to adopt robust cyber security infrastructure
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Sep 24 (ANI): The Reserve Bank of India (RBI) on Thursday asked urban cooperative banks (UCBs) to bring their cyber security systems at par with other banks to combat online threats.
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LS passes bill to amend Banking Regulation Act, Sitharaman says legislatio
Updated : 5 years, 10 months ago IST
New Delhi [India], September 16 (ANI): Lok Sabha on Wednesday passed a bill that seeks to address the potential disruptions in the financial system by providing for the Reserve Bank of India to prepare a scheme for reconstruction or amalgamation of the banking company without the necessity o
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Lok Sabha takes up bill to amend Banking Regulation Act
Updated : 5 years, 10 months ago IST
New Delhi [India], September 16 (ANI): The Lok Sabha on Wednesday took up for consideration a bill to address the potential disruptions in the financial system by providing for the Reserve Bank of India to prepare a scheme for reconstruction or amalgamation of the banking company without the
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RBI asks banks to ensure automation of NPA identification
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Sep 14 (ANI): The Reserve Bank of India (RBI) on Monday asked banks to put in place and upgrade their systems and ensure automation of non-performing asset (NPA) identification.
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