Back to homepage

Tag "reserve bank of india"

States to borrow Rs 1.78 lakh cr in April-June

States to borrow Rs 1.78 lakh cr in April-June

🕔06:50, 7.Apr 2021

Mumbai, April 7  States and Union Territories are likely to borrow Rs 1.78 lakh crore in the April-June quarter 2021. In a statement on Tuesday, the RBI said: “The Reserve Bank of India, in consultation with the state governments/Union Territories

Read Full Article
NBFC-MFIs to charge 7.81% average base rate in April-June

NBFC-MFIs to charge 7.81% average base rate in April-June

🕔15:14, 31.Mar 2021

Mumbai, March 31  The Reserve Bank of India (RBI) on Wednesday said that Non-Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) will charge an applicable average base rate of 7.81 per cent from their borrowers during the April-June quarter. The

Read Full Article
Banks to conduct special clearing of govt cheques on Mar 31

Banks to conduct special clearing of govt cheques on Mar 31

🕔06:41, 29.Mar 2021

Mumbai, March 29  The Reserve Bank of India (RBI) has said that banks will conduct special clearing operations exclusively for government cheques on March 31 to facilitate accounting of all the government transactions for the current financial year. In a

Read Full Article
RBI’s FY22 budget approved

RBI’s FY22 budget approved

🕔11:43, 20.Mar 2021

Mumbai, March 20 The Reserve Bank of India’s budget for FY22 was approved on Friday by its Central Board of Directors. The approval comes before the apex bank shifts its accounting year to April-March period from FY22. “The Board, in its

Read Full Article
India’s forex reserve rises by over $1.7 bn

India’s forex reserve rises by over $1.7 bn

🕔11:42, 20.Mar 2021

Mumbai, March 20  India’s foreign exchange reserves rose by $1.739 billion during the week ended March 12. According to the Reserve Bank of India’s (RBI) weekly statistical supplement, the reserves increased to $582.037 billion from $580.299 billion reported for the

Read Full Article
RBI to conduct OMOs worth Rs 10K cr on March 25

RBI to conduct OMOs worth Rs 10K cr on March 25

🕔07:02, 19.Mar 2021

Mumbai, March 19  To pump up liquidity, the Reserve Bank of India will conduct a one-day ‘Open Market Operations’ on March 25 to simultaneous purchase and sell government securities. The OMO session will see simultaneous purchase and sale of government

Read Full Article
RBI takes out IDBI Bank from PCA framework

RBI takes out IDBI Bank from PCA framework

🕔07:41, 11.Mar 2021

Mumbai, March 11  The Reserve Bank of India (RBI) has taken out IDBI Bank from Prompt Corrective Action (PCA) framework. In a statement on Wednesday, the central bank said that the performance of IDBI Bank was reviewed by the Board

Read Full Article
RBI approves Piramal Group’s proposed takeover of DHFL

RBI approves Piramal Group’s proposed takeover of DHFL

🕔18:07, 18.Feb 2021

Mumbai, Feb 18  The Reserve Bank of India (RBI) has approved the takeover of Dewan Housing Finance Corporation Ltd (DHFL) by Piramal Group. The development comes just a month after the Committee of Creditors (CoC) of DHFL voted in favour

Read Full Article
RBI forms expert panel for Urban Co-operative Banks

RBI forms expert panel for Urban Co-operative Banks

🕔17:55, 15.Feb 2021

Mumbai, Feb 15  The Reserve Bank of India (RBI) has constituted an expert committee under the chairmanship of it’s former Deputy Governor N.S. Vishwanathan on Primary (Urban) Co-operative Banks. The eight-member panel will take stock of the regulatory measures taken

Read Full Article
Das urges policy action to keep petro products, industrial raw material prices under check

Das urges policy action to keep petro products, industrial raw material prices under check

🕔09:40, 6.Feb 2021

Mumbai, Feb 6  Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday put onus on both the Centre and states to ensure through concerted policy measures that current cost build in petroleum products and industrials raw materials does not

Read Full Article
RBI to roll out Integrated Ombudsman Scheme in June

RBI to roll out Integrated Ombudsman Scheme in June

🕔15:56, 5.Feb 2021

Mumbai, Feb 5  The Reserve Bank of India (RBI) will roll out the Integrated Ombudsman Scheme for banks, NBFCs and non-bank prepaid payment issuers (PPIs) in June this year. At present, the framework for alternate dispute resolution consists of three

Read Full Article
Structural Reform: RBI gives retail investors direct access to G-sec market

Structural Reform: RBI gives retail investors direct access to G-sec market

🕔12:00, 5.Feb 2021

Mumbai, Feb 5  The Reserve Bank of India (RBI) has decided to give retail investors direct access to the government securities market. The major structural reform was announced by RBI Governor Shaktikanta Das on Friday. According to Das, India will

Read Full Article
RBI releases circular on risk-based internal audit for NBFCs, UCBs

RBI releases circular on risk-based internal audit for NBFCs, UCBs

🕔14:18, 3.Feb 2021

Mumbai, Feb 3 The Reserve Bank of India (RBI) on Wednesday released a circular on risk-based internal audit (RBIA) for non-banking finance companies (NBFC) and urban co-operative banks (UCB). The circular covers all deposit taking and non-deposit taking NBFCs, including Core

Read Full Article
RBI to do annual assessment of banks’ grievances redressal system

RBI to do annual assessment of banks’ grievances redressal system

🕔07:47, 1.Feb 2021

Mumbai, Feb 01 The Reserve Bank of India (RBI) will undertake annual assessment of customer service and grievances redressal mechanisms of banks as part of its supervisory mechanism. The RBI recently decided to put in place a comprehensive framework for

Read Full Article
Cryptocurrency industry hopeful as RBI mulls over digital currency

Cryptocurrency industry hopeful as RBI mulls over digital currency

🕔07:56, 28.Jan 2021

New Delhi, Jan 28  With the Reserve Bank of India (RBI) now saying that it is exploring the need for a digital version of fiat currency, cryptocurrency stakeholders have called the move a step in the right direction towards strengthening

Read Full Article
New RBI proposal for NBFC funding in IPOs to help primary issues in restoring sanity

New RBI proposal for NBFC funding in IPOs to help primary issues in restoring sanity

🕔10:46, 27.Jan 2021

The Reserve Bank of India issued a discussion paper last Friday on regulations concerning NBFCs. The crux of these regulations is to reduce significantly the arbitrage between NBFCs and banks. The other area of significance is IPO funding where currently

Read Full Article
Intervention Impact: RBI expected to rein-in rising rupee

Intervention Impact: RBI expected to rein-in rising rupee

🕔11:12, 24.Jan 2021

Mumbai, Jan 24  The Reserve Bank of India (RBI) is expected to rein in any sharp appreciation in rupee due to hefty FIIs’ inflows during the upcoming week. Experts contend that effects of large FIIs’ inflows will be neutralised by

Read Full Article
RBI proposes multilayer system, stricter norms for NBFCs

RBI proposes multilayer system, stricter norms for NBFCs

🕔03:15, 23.Jan 2021

Mumbai, Jan 23  The Reserve Bank of India (RBI) on Friday proposed a four-layered structure for non-banking finance companies (NBFCs) and new norms to strengthen their governance and operations. The RBI, in a discussion paper, proposed to differentiate between NBFCs

Read Full Article
RBI imposes Rs 2 cr fine on Deutsche Bank AG

RBI imposes Rs 2 cr fine on Deutsche Bank AG

🕔07:10, 13.Jan 2021

Mumbai, Jan 13  The Reserve Bank of India (RBI) on Tuesday imposed a penalty of Rs 2 crore on Deutsche Bank AG for non-compliance with certain directions issued by the central bank. An RBI statement said that the action is

Read Full Article
RBI creates ‘Payments Infrastructure Development Fund’

RBI creates ‘Payments Infrastructure Development Fund’

🕔07:24, 6.Jan 2021

Mumbai, Jan 6  The Reserve Bank of India has created a ‘Payments Infrastructure Development Fund’ to encourage acquirers to deploy ‘Points of Sale’ infrastructure in tier-3 to tier-6 centres and northeastern states. A PoS infrastructure can have physical or digital

Read Full Article

Search the Website

Advertiser’s Logos

Water Conservation

जब भी आप बर्तन धोते हैं तो नल से पानी किसी चीज में पहले इकट्ठा करें, इससे बर्तन धोने के लिए पानी कम लगेगा।

Sarkaritel.com Interview with U P Singh (IAS), Secretary, Ministry of Jal Shakti & Drinking Water & Sanitation by Ameya Sathaye, Publisher & Editor-in-Chief, Sarkaritel.com

HEALTH PARTNER