Search For "the reserve bank of india"
RBI issues new compliance guidelines for banks
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 11 (ANI): The Reserve Bank of India (RBI) on Friday issued new guidelines for banks to tighten their compliance functions and ensure that chief compliance officers (CCOs) follow the best industry practices as required by supervisory expectations.
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Plea to extend moratorium, provide financial assistance to lawyers withdra
Updated : 5 years, 10 months ago IST
New Delhi [India], September 8 (ANI): A petition seeking direction to the Central government and the Reserve Bank of India to extend the moratorium period for repayment of term loans and credit cards for another 12 months and waive the interest for advocates during the period was on Tuesday
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RBI releases expert panel report on resolution framework for COVID-19 rela
Updated : 5 years, 10 months ago IST
New Delhi [India], September 8 (ANI): The Reserve Bank of India on Monday released the report of Expert Committee under the chairmanship of KV Kamath which was constituted to make recommendations on the required financial parameters to be factored in the resolution plans under the 'Resoluti
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RBI issues revised PSL guidelines to increase credit penetration
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Sep 4 (ANI): The Reserve Bank of India (RBI) on Friday issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas and increase lending to small and marginal farmers besides weaker sections.
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RBI announces more measures to foster orderly market conditions
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Aug 31 (ANI): The Reserve Bank of India (RBI) will conduct additional special open market operations involving the simultaneous purchase and sale of government securities for Rs 20,000 crore in two tranches of Rs 10,000 crore each.
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RBI to follow calibrated unwinding of emergency measures post-COVID: Gover
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Aug 27 (ANI): The Reserve Bank of India will not unwind all recent measures taken to shore up the economy amid COVID-19 pandemic and act when the situation arises, Governor Shaktikanta Das said on Thursday.
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Resolution framework to give durable relief to borrowers facing COVID-19 r
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Aug 27 (ANI): While the Reserve Bank of India's (RBI's) moratorium on repaying loans was a temporary solution in the context of COVID-19 lockdown, the resolution framework is expected to give a durable relief to borrowers facing the pandemic-related stress, Gove
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RBI has confirmed what I've been warning for months: Rahul Gandhi
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 26 (ANI): Congress leader Rahul Gandhi on Wednesday hit out at the Centre over the Reserve Bank of India's latest warning on economic contraction amid the novel coronavirus pandemic and said that "distractions through media will not help the poor".
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RBI calls for wide-ranging reforms to offset COVID-19 losses
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Aug 25 (ANI): Declining capacity utilisation, weakening of consumption demand and overhang of stressed balance sheets are restraining new investments, the Reserve Bank of India (RBI) said on Tuesday while calling for wide-ranging reforms to regain losses due to
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RBI announces special OMO of purchase and sale of govt securities
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Aug 25 (ANI): The Reserve Bank of India (RBI) will again conduct simultaneous purchase and sale of government securities under the open market operation (OMO) for Rs 20,000 crore in two tranches of Rs 10,000 crore each.
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Extend moratorium period for repayment of loans, provide financial assista
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 24 (ANI): A petition was moved in the Delhi High Court on Monday seeking directions to the Central government and the Reserve Bank of India (RBI) to extend the moratorium period for repayment of term loan and credit cards for another 12 months or until the COVID-19 sit
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Plea seeks action against Google Pay for alleged violation of guidelines,
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 24 (ANI): The Delhi High Court on Monday issued notice to the Centre, the Reserve bank of India (RBI) and others on a plea seeking action against Google Pay for allegedly violating RBI guidelines related to data localisation, storage and sharing norms.
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