Rbi(Search results - 55)
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.
Economy6, Jun 2019, 12:27 PM IST
With repo rate drop, your dream house is an inch closer
Repo rate is the rate at which RBI lends to its clients generally against government securities. Reduction in repo rate helps the commercial banks to get money at a cheaper rate
Economy22, Apr 2019, 4:24 PM IST
Supreme Court saves several big companies from insolvency by striking down RBI circular
The circular, if implemented, would have taken many big companies like Essar Power, GMR Energy, KSK Energy and Rattan India Power to insolvency.
Economy4, Apr 2019, 12:53 PM IST
RBI repo rate cut brings happiness even amid model code of conduct
The Monetary Policy Committee (MPC) has said that the reduction in repo rate is to aid domestic growth and encourage private investments in the country.
Economy26, Mar 2019, 7:47 PM IST
Is Raghuram Rajan right in doubting India’s 7% growth?
Former RBI governor and Chicago economist Raghuram Rajan, while in India to promote his new book The Third Pillar, spoke to two television channels. Earlier, Union finance minister Arun Jaitley had rubbished the concern raised by 108 economists about the reliability of data. MyNation spoke to economist Surjit S Bhalla where he said, while he was yet to complete his research on growth and job data, as of now the indicators from his study are positive.
India9, Mar 2019, 12:18 PM IST
PNB scam started under UPA, Manmohan govt looked away, Rahul met Nirav Modi
In 2013, a government nominee director on the Allahabad Bank board wrote a letter to the RBI and the secretary of the financial services department about the PNB scam but the UPA government took no action against Nirav Modi and Mehul Choksi
India8, Jan 2019, 6:21 PM IST
MyNation Exclusive: Modi govt readies bumper gift for below poverty line Indians after quota for poor
After reservation for upper caste poor across all religions, the Modi government is planning to transfer Rs 2,000-2,500 per month to every BPL household as part of its welfare push through DBT.
India19, Dec 2018, 4:32 PM IST
See what Modi's low-GST booster dose, RBI chief's bank push are doing to Indian economy
With Prime Minister Narendra Modi's declaration on Tuesday that GST for most goods will be brought in the sub-18% slab, good news keeps pouring in, as RBI governor Shatikanta Das is now working on enhancing liquidity even as the rupee climbed an impressive 110 p against the US dollar on December 18