Rbi(Search results - 65)
Business3, Sep 2019, 5:54 PM IST
Government approves capital infusion of over Rs 9,000 crore in IDBI Bank
The Union Cabinet has approved the proposal to infuse Rs 9,000 crore to extend IDBI’s capital base. The lender expects to exit the RBI's Prompt Corrective Action framework sometime next year.
Economy30, Aug 2019, 10:57 AM IST
RBI to introduce varnished banknotes of Rs 100 denomination
In a bid to introduce the varnished banknotes of Rs 100, the Reserve Bank of India (RBI) has. The RBI, in its annual report for 2019, also said that it's note printing cost has come down marginally to Rs. 4,811 crore in FY19 from Rs. 4,912 crore in FY18
India27, Aug 2019, 8:12 PM IST
From PM Modi meeting Sindhu to Nirmala defending RBI’s record transfer to govt, watch MyNation in 100 seconds
India’s ace shuttler PV Sindhu on Tuesday met Prime Minister Narendra Modi after winning gold at the BWF World Championships in Basel, Switzerland. The Delhi and District Cricket Association (DDCA) on Tuesday decided to rename the Feroz Shah Kotla Stadium as Arun Jaitley Stadium in the memory of its former president who passed away on Saturday. Watch MyNation in 100 seconds for the top headlines from across the country
India27, Aug 2019, 7:02 PM IST
RBI payout to Centre: Nirmala Sitharaman reacts to Rahul Gandhi's 'stealing' comment
Union finance minister Nirmala Sitharaman reacted to Congress leader Rahul Gandhi's comment about Centre availing a payout of Rs 1.76 lakh crore from the RBI and said that it reminds her of his comments of chor (thief) against the BJP during Lok Sabha election that had backfired
Economy23, Aug 2019, 7:55 PM IST
Finance minister Nirmala Sitharaman hints at cheaper home, vehicle loans and consumption goods
Finance minister Nirmala Sitharaman assured measures to ensure revival of economy, cheaper loans for home, vehicles and consumption goods. Banks to pass on RBI rate cut benefits to borrowers through MCLR reduction.
Economy19, Aug 2019, 11:54 AM IST
RBI governor Shaktikanta Das: Growth is of highest priority
Every policymaker is concerned with growth as it is the highest priority, said Reserve Bank of India Governor Shaktikanta Das
India14, Aug 2019, 9:26 PM IST
From President Kovind addressing the nation to Rahul Gandhi's letter to RBI, watch MyNation in 100 seconds
Wing Commander Abhinandan Varthaman will be conferred with the Vir Chakra which is India's third-highest wartime medal. Watch MyNation in 100 seconds for the top headlines from across the country.
India14, Aug 2019, 5:16 PM IST
Wayanad MP Rahul Gandhi writes to RBI Governor, seeks extension of moratorium on crop loan repayments
Prior to writing to the RBI Governor requesting for extension of moratorium on repayment of crop loans, Congress leader Rahul Gandhi on Monday visited flood-affected areas in Wayanad in Kerala, including worst-hit Puthumala, and assured residents of help.
Economy7, Aug 2019, 5:20 PM IST
Reserve Bank of India lowers GDP projection for 2019-20 from 7% to 6.9%
The Gross Domestic Product (GDP) has been lowered marginally from 7% to 6.9% for the year 2019-20. The Reserve Bank of India has cut the repo rate by an unusual 0.35 percentage points to 5.40% in its third monetary policy review for the current financial year. Repo rate is the rate at which the RBI lends to banks.
India3, Aug 2019, 5:01 PM IST
RBI imposes Rs 11 crore fine on seven public sector banks for violating norms
The Reserve Bank of India has imposed fine on Allahabad Bank, Bank of Maharashtra, Bank of Baroda, Bank of India, Indian Overseas Bank, United Bank of India and Oriental Bank of Commerce Bank for violating norms on current account opening
Economy14, Jul 2019, 2:02 PM IST
RBI to bring in app to help visually challenged identify currencies
In a move to help visually impaired identify currencies, the Reserve Bank of India is set to come out with an app.
Economy8, Jul 2019, 7:46 PM IST
RBI Governor: Quicker transmission of interest rate cuts by banks to consumers
The RBI reduced the key policy rate thrice with an aggregate reduction of 0.75 percentage points in the repo rate, the rate at which RBI lends to banks.
India8, Jul 2019, 9:09 AM IST
Punjab National Bank detects Rs 3,800 crore fraud by Bhushan Power and Steel, reports issue to RBI
The state-run PNB has reported a new fraud at a time when it is recovering from a major financial embezzlement of around $2 billion (around Rs 13,000 crore) by diamond merchant Nirav Modi that was reported in February 2018
India24, Jun 2019, 12:45 PM IST
RBI deputy governor Viral Acharya resigns before completion of term
RBI deputy governor Viral Acharya resigned from his post six months before the completion of his term.
India12, Jun 2019, 6:26 PM IST
Rupee rises by 8 paise versus USD in early trade
The rupee opened strong at 69.38 at the interbank forex market, then gained further ground and touched 69.36, displaying gains of 8 paise over its last close.