Search For "reserve bank of india rbi"
RBI releases the Financial Stability Report, June 2022
Updated : 3 days, 11 hours ago IST
New Delhi [India], June 30 (ANI): Reserve Bank of India (RBI) released the 25th issue of the Financial Stability Report (FSR), which reflected the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability and the resi
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Cryptocurrencies are a clear danger, need to guard against any disruption
Updated : 3 days, 16 hours ago IST
Mumbai (Maharashtra) [India], June 30 (ANI): Cryptocurrencies are a clear danger and anything that derives value based on make-believe, without any underlying, is just speculation under a sophisticated name, RBI Governor Shaktikanta Das has said in the foreword of the Financial Stability Re
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RBI imposes Rs 10 lakh penalty on The Tiruchengode Co-operative Urban Bank
Updated : 6 days, 3 hours ago IST
New Delhi [India], June 28 (ANI): The Reserve Bank of India (RBI) has imposed a penalty of Rs 10 lakh on The Tiruchengode Co-operative Urban Bank, Tiruchengode, Tamil Nadu, for non-adherence or violation of directions issued under various guidelines including Know Your Customer (KYC) Guideli
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India's forex reserves dip by $5.9 billion to $590.59 billion
Updated : 1 week, 2 days ago IST
Mumbai (Maharashtra) [India], June 25 (ANI): India's foreign exchange (forex) reserves slumped by $5.87 billion to $590.588 billion for the week ended June 17 as foreign portfolio investors pulled money out of the Indian equities amid mounting concerns of global recession, the Reserve Bank o
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RBI imposes monetary penalty on Indian Overseas Bank
Updated : 1 week, 2 days ago IST
Mumbai (Maharashtra) [India], June 24 (ANI): The Reserve Bank of India (RBI) said on Friday it has imposed a monetary penalty of Rs 57.50 lakh on Indian Overseas Bank for non-compliance with certain directions of the central bank.
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RBI extends card tokenisation deadline by three months
Updated : 1 week, 2 days ago IST
Mumbai (Maharashtra) [India], June 24 (ANI): The Reserve Bank of India (RBI) on Friday announced an extension of the deadline for card data storage and tokenisation implementation by another three months to September 30, 2022.
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Inflation expected to remain higher than RBI tolerance level till Dec: Sha
Updated : 1 week, 2 days ago IST
New Delhi [India], June 24 (ANI): India's headline inflation is expected to remain higher than the Reserve Bank of India (RBI) upper tolerance level of 6 per cent till December 2022, RBI Governor Shaktikanta Das has said.
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RBI appoints former SBI official Chalasani in advisory committee of Srei G
Updated : 1 week, 3 days ago IST
Mumbai (Maharashtra) [India], June 23 (ANI): The Reserve Bank of India (RBI) on Thursday appointed former State Bank of India official Venkat Nageswar Chalasani as a member in the advisory committee of Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL).
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RBI hiked rates to prevent inflation from corroding economic recovery, MPC
Updated : 1 week, 4 days ago IST
Mumbai (Maharashtra) [India], June 22 (ANI): The Reserve Bank of India (RBI) Monetary Policy Committee decided to hike the policy repo rate by 50 basis points earlier this month in order to prevent inflation from corroding economic recovery, as per the minutes of the MPC meeting released on
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India's current account deficit falls to $13.4 billion in Q4 of 2021-22
Updated : 1 week, 4 days ago IST
Mumbai (Maharashtra) [India], June 22 (ANI): India's current account deficit (CAD) declined to $13.4 billion in January-March 2022 from $22.2 billion recorded in the previous quarter, according to data released by the Reserve Bank of India (RBI) on Wednesday.
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RBI gives 3 more months to banks, NBFCs to comply with certain rules of ca
Updated : 1 week, 5 days ago IST
Mumbai (Maharashtra) [India], June 21 (ANI): The Reserve Bank of India (RBI) on Tuesday granted three months extension to banks and non-banking financial companies (NBFCs) to comply with certain provisions related to issuing credit and debit cards, including activation of cards without custo
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DCW request RBI to intervene in Indian Bank's 'anti-women' hiring guidelin
Updated : 1 week, 6 days ago IST
New Delhi [India], June 20 (ANI): Delhi Commission for Women (DCW) Chairperson Swati Maliwal on Monday issued notice to Indian Bank for alleged 'anti-women' guidelines that prevent pregnant women from joining service declaring them medically 'temporarily unfit' and requested the intervention
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