Reserve Bank Of India(Search results - 24)
India23, May 2020, 2:54 PM
FICCI expresses happiness over RBI ‘s move to ease economic burden
Dilip Chenoy, secretary-general, Federation of Indian Chambers of Commerce and Industry (FICCI) lauded the Reserve Bank of India's (RBI) decision to slash the repo rate and reverse repo rate and extension of the loan repayment moratorium.
India18, May 2020, 3:09 PM
Lockdown 4.0 – RBI likely to extend moratorium on loan repayment for 3 more months
With the government extending the nationwide lockdown up to May 31, the Reserve Bank of India (RBI) is likely to extend the moratorium on repayment of loans for three more months, according to an SBI research report
India6, Mar 2020, 5:37 PM
Yes Bank Account Holder? Here's All You Need To Know
In a rare move, capital-starved Yes Bank was on March 5 placed under a moratorium with the RBI capping deposit withdrawals at Rs 50,000 per account for a month & superseding its board. Yes Bank will not be able to grant or renew any loan or advance, make any investment, incur any liability or agree to disburse any payment. RBI has assured Yes Bank depositors that their interest will be fully protected and that there is no need to panic. The regulatory actions came after SBI was directed to bail out the troubled lender. For the next month, Yes Bank will led by Prashant Kumar, an ex-chief financial officer of SBI. If you're a Yes Bank account holder, here's all you need to know.
Decoding The Economy21, Jan 2020, 6:40 PM
Here's What You Need To Know About RBI's New Rule For Debit and Credit Cards
Reserve Bank of India has issued new rules for credit and debit cards to improve customers' convenience and increase the security of card transactions. Here’s all you need to know about RBI’S new rule for credit and debit cards.
Economy30, Aug 2019, 10:57 AM
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
Economy19, Aug 2019, 11:54 AM
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
Economy7, Aug 2019, 5:20 PM
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
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
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.
Economy23, Mar 2019, 2:24 PM
SBI to link savings bank accounts with repo rate from May 1, 2019
The State Bank of India has initiated the linking of savings rate and short term loan interest rate to repo rate From May 1, 2019. This particular move will undoubtedly pave the way for better transmission of rates to borrowers in the long run for all kinds of loans.
India23, Jan 2019, 4:23 PM
RuPay joins hands with Pro Volleyball League, becomes title sponsor
Pro Volleyball League to begin on February 2 with a clash between Kochi Blue Spikers and U Mumba Volley. The league will now be called the RuPay Pro Volleyball League in its first season