Home » RBI

You Searched For "RBI"

Indias forex reserves have shot up considerably.

Forex reserves hit new high of USD 427.67 billion

In the previous reporting week, the reserves had surged by USD 4.215 billion to USD 426.42 billion.

5 July 2019 7:45 PM IST

The move is aimed at not only freeing up capital for banks for further lending but also slash borrowing costs for well-rated NBFCs. (Photo: ANI)

Budget 2019: Govt to provide credit guarantee to PSBs to buy NBFC...

The NBFC sector is currently undergoing a liquidity hurdle with a spate of defaults of companies.

5 July 2019 3:06 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

A mess: Patel admits RBI was slow to take timely measures

Patel said an asset quality review for the NBFCs is inevitable' given their interconnectedness in financial system.

4 July 2019 1:37 PM IST

Reserve Bank of India (RBI)

RBI fines 4 bank, including PNB for violation of KYC norms

RBI imposed a penalty of Rs 1.75 crore on four public sector banks, including PNB and UCO Bank.

3 July 2019 8:45 AM IST

Citing rules, Sitharaman stated that Section 178(5) and 178(6) of the Companies Act. (Photo: ANI)

Govt considering giving more powers to RBI to regulate NBFCs:...

As on June 23, 2019, 9,643 NBFCs were registered with RBI.

1 July 2019 5:06 PM IST

NS Vishwanathan was appointed as RBI Deputy Governor on July 4, 2016 for a period of three years. (Photo: rbi.org.in)

NS Vishwanathan given 1 year extension as Deputy Governor of RBI

Previously NS Vishwanathan was appointed as RBI Deputy Governor on July 4, 2016 for a period of three years.

1 July 2019 2:47 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI Bank launches repo-linked home, auto loans

Home loans up to Rs 75 lakh with a tenure of up to 35 years will be offered at interest rate of 8.30 per cent per annum...

30 Aug 2019 3:26 PM IST

Priyanka Gandhi Vadra, Congress general secretary for Uttar Pradesh East. (Photo: ANI)

Who is the guarantor allowing such big bank frauds: Priyanka on RBI...

As per the annual report of RBI, the banking sector reported 6,801 frauds in the financial year 2018-19.

30 Aug 2019 3:13 PM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

India Inc to debate USD 5 trillion economy goal amid RBI bonanza to...

RBI decided to transfer Rs 1.76 lakh crore in dividend and surplus reserve to the government.

30 Aug 2019 12:34 PM IST

As many as 1,328 cases (Rs 6 crore) related to ATM/Debit Cards, and 18 cases (Rs 1 crore) involving internet banking were reported during the period.

RBI asks banks to extend PoS cash withdrawal facility

The RBI has reiterated the instructions with a view to provide for cash withdrawals at PoS by card-holders.

30 Aug 2019 10:20 AM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

Bank frauds take 74pc leap to Rs 71,543 crore in FY19: says Reserve...

Report states, 'balance in contingency fund as of June 30, 2019 was Rs 1.96 lakh crore compared to Rs 2.32 lakh crore as...

29 Aug 2019 6:55 PM IST

There is no doubt that this is a tough time for the Indian economy. Growth has slowed down to rates not seen since 2008-9. Consumption has fallen. Businesses have been pushed to the brink.

Economic growth seen slipping in April-June, more stimulus expected

Slowdown has been driven by a fall in household savings and banks' increased bad loans, which has hit private...

29 Aug 2019 3:04 PM IST