Search For "rbi"
RBI announces scheme for improving liquidity position of NBFC, HFC
Updated : 5 days, 17 hours ago IST
Mumbai (Maharashtra) [India], July 1 (ANI): The Reserve Bank of India (RBI) on Wednesday said the Centre has approved a scheme to improve the liquidity position of non-banking finance companies (NBFCs) and Housing Finance Companies (HFCs) through a Special Purpose Vehicle (SPV) to avoid any
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RBI releases India's International Investment Position data
Updated : 6 days, 13 hours ago IST
New Delhi [India], June 30 (ANI): The Reserve Bank of India (RBI) on Tuesday released data relating to India's International Investment Position as it stood at the end of March 2020.
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India's foreign exchange reserves increased by USD 59.5 billion du
Updated : 6 days, 14 hours ago IST
New Delhi [India], June 30 (ANI): The country's foreign exchange reserves increased by USD 59.5 billion during 2019-20, on a balance of payments basis (excluding valuation effects), the Reserve Bank of India said on Tuesday.
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India's current account balance records marginal surplus during Q4
Updated : 6 days, 14 hours ago IST
New Delhi [India], June 30 (ANI): India's current account balance (CAB) has recorded a marginal surplus of USD 0.6 billion, which is 0.1 per cent of GDP, in the fourth quarter i.e. January-March 2020, the Reserve Bank of India (RBI) said on Tuesday.
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India's external debt at USD 558.5 billion at end of March-2020
Updated : 6 days, 16 hours ago IST
New Delhi [India], June 30 (ANI): The external debt of the country for the year ending March 2020 stood at USD 558.5 billion, the Reserve Bank of India (RBI) on Tuesday said.
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Kanimozhi writes to Sitharaman to consider waving interest on loan
Updated : 1 week, 4 days ago IST
New Delhi [India], June 25 (ANI): DMK MP Kanimozhi Karunanidhi wrote to Union Finance Minister over the COVID-19 Regulatory Package by the Reserve Bank of India (RBI), requesting her to consider waiving the interest amount on loans taken by women self-help groups (SHGs) for moratorium per
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1,540 cooperative banks to be brought under RBI's supervision: Pra
Updated : 1 week, 5 days ago IST
New Delhi [India], June 24 (ANI): Over 1,500 urban and multi-state cooperative banks will be brought under the supervisory power of the Reserve Bank of India (RBI), said Union Minister Prakash Javadekar on Wednesday.
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RBI sensitises people regarding the safe use of digital transactio
Updated : 2 weeks ago IST
New Delhi [India], June 22 (ANI): Reserve Bank of India on Monday sensitised members of the public regarding safe usage of digital transactions and asserted that many mechanisms have been put in place to ensure the security and safety of these transactions.
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ACB raids Guru Raghavendra Co-op Bank in Bengaluru
Updated : 2 weeks, 3 days ago IST
Bengaluru (Karnataka) [India], June 19 (ANI): Anti-Corruption Bureau (ACB) on Thursday raided offices of Sri Guru Raghavendra Co-operative Bank, including the residence of present and previous chairmen in Bengaluru over allegations of irregularities in financial transactions.
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Centre has to take a stand on issue of interest on loans during mo
Updated : 2 weeks, 5 days ago IST
New Delhi [India], June 17 (ANI): The Supreme Court on Wednesday pulled up the Central government and asked it to step up and take a stand over the issue related to charging interest on EMIs during the six month moratorium period granted in view of COVID-19 pandemic.
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RBI constitutes Internal Working Group to review extant ownership
Updated : 3 weeks, 3 days ago IST
New Delhi [India], June 13 (ANI): Reserve Bank of India (RBI) has constituted an Internal Working Group to review extant guidelines on ownership and corporate structure for Indian private sector banks, the apex bank said.
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SC asks RBI, finance ministry officials to decide on EMI interests
Updated : 3 weeks, 3 days ago IST
New Delhi [India], June 12 (ANI): The Supreme Court on Friday asked the officials of the Finance Ministry and the Reserve Bank of India (RBI) to convene a joint meeting within three days to decide whether interest on EMIs during the six month moratorium period can be charged by banks or n
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