New Delhi, March 28 The government is going ahead with the plan to consolidate public sector banks, undeterred by the spread of Covid-19 that has disrupted business across the country, including banking operations. Accordingly, the amalgamation of the Oriental Bank
New Delhi, March 27 In a big relief to the corporate sector, the Reserve Bank of India on Friday allowed a three month moratorium on payment of instalment in respect of all term loans outstanding on March 1, 2020. “All
Mumbai, March 27 The Reserve Bank of India (RBI) on Friday massively reduced the key lending rates in response to the COVID-19 outbreak. Accordingly, the Monetary Policy Committee of the central bank in an unscheduled meet reduced the repo rate
Mumbai, March 27 The Indian stock market witnessed a gap-up opening on Friday and the Sensex traded over 1,100 points higher of hopes of further relief by the Reserve Bank of India (RBI). RBI Governor Shaktikanta Das is scheduled to
Mumbai, March 21 The Reserve Bank of India on Friday announced it would undertake additional purchase of government securities worth Rs 30,000 crore through open market operations (OMO) in a bid to increase liquidity and enhance confidence in the financial
Mumbai, March 18 The Reserve Bank of India (RBI) on Wednesday announced it would purchase government securities worth Rs 10,000 crore through open market operations in a bid to increase liquidity and enhance confidence in the market amid the coronavirus
Mumbai, March 16 To deal with the economic fallout of coronavirus outbreak, the Reserve Bank of India is expected to ease key lending rate soon. Accordingly, industry watchers contend that RBI might go ahead and ease lending rate before its
New Delhi, March 15 The new rules for debit and credit cards to increase security and reduce frauds kick in from Monday. In January, the Reserve Bank of India (RBI) had issued new rules to improve user convenience and increase
Mumbai, March 6 (IANS) While denying that any negotiations took place to acquire equity in Yes Bank, State Bank of India (SBI) has said that it has given an in-principle approval to explore investment opportunity. In a regulatory filing to exchanges,
New Delhi, March 5 The Reserve Bank of India on Thursday announced it has superseded the Yes Bank Board of Directors for 30 days and has appointed former SBI CFO Prashant Kumar as the bank’s administrator. In line with the
New Delhi, Feb 15 Over eighty years after it was set up, the Reserve Bank of India on Saturday decided to follow April-March fiscal year, and not the current July-June, as its accounting year to align with that of the
New Delhi, Feb 15 The Reserve Bank of India is currently examining if there is a need to bring any change in the monetary policy framework and that, if required, it will talk to the government, Governor Shaktikanta Das said
New Delhi, Feb 15 Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday said the transmission of rate cuts was gradually and steadily improving and allayed any fears on the latest inflation spike to 7.59 per cent saying these
New Delhi, Feb 12 The Reserve Bank of India on Tuesday published the draft framework for authorisation of a new pan-India umbrella organisation for retail payment systems, apart from the National Payments Corporation of India (NPCI) which developed the widely-used
By Prakash Bhargava New Delhi—The Reserve Bank of India (RBI) on Thursday announced major relief to medium enterprises by linking pricing of loans for the also on external benchmark effective April 1, 2020 and decided to extend the benefit of
Mumbai, Feb 6 The Reserve Bank of India on Thursday kept the benchmark rate of interest unchanged at 5.15 per cent in view of the uptick in inflation. The RBI has kept the repo rate unchanged at 5.15 per cent
New Delhi, Jan 23 The Reserve Bank of India on Thursday raised the investment limit for FPIs in government and corporate bonds to bring in more foreign funds into the market. Currently, short-term investments by a foreign portfolio investors (FPI)
New Delhi, Jan 24 The Reserve Bank of India on Thursday raised the investment limit for FPIs in government and corporate bonds to bring in more foreign funds into the market. Currently, short-term investments by a foreign portfolio investors (FPI) should
Mumbai, Jan 22 The Reserve Bank of India on Tuesday cancelled the Certificate of Authorisation (CoA) of Vodafone m-pesa after its voluntary surrender of authorisation. The company henceforth cannot transact business of issuance and operation of Prepaid payment Instruments, RBI
New Delhi, Jan 16 To improve user convenience and increase the security of card transactions,the Reserve Bank of India (RBI) has asked all banks to give card users, credit and debit, the facility to enable/disable their cards for different types
 |
 |
 |
|---|---|---|
 |
 |
 |
 |
 |
 |
 |
 |
 |
