Tag: RBI

RBI, SEBI closely monitoring financial markets

New Delhi: The Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) are closely monitoring…

RBI relaxes ECB norms to prop up rupee

Mumbai: The Reserve Bank of India (RBI) on Thursday liberalised some aspects of the external commercial borrowings (ECBs) policy including…

RBI can sell USD 25 bn more to arrest rupee fall: SBI report

Mumbai: The Reserve Bank of India (RBI) should intervene in both spot and forward markets to arrest Indian rupee's depreciation,…

Retail inflation cools down but October RBI rate hike imminent: SBI

Mumbai: Even as the country's retail inflation cooled off in August, an October rate hike by the Reserve bank of…

Government, RBI to check rupee’s undue slide

New Delhi: The Finance Ministry on Wednesday said the government and the Reserve Bank of India (RBI) will take all…

RBI approves Amitabh Chaudhry’s appointment as Axis Bank CEO

Mumbai: The Reserve Bank of India (RBI) on Monday approved the appointment of Amitabh Chaudhry as the new Managing Director…

RBI tweaks norms for defective note change

New Delhi: The Reserve Bank of India (RBI) has amended norms for exchange of mutilated, old or defective currency notes…

3 banks fined by RBI for delay in fraud detection

New Delhi: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore each on the…

RBI slaps Rs 1 cr penalty each on three public sector banks

Mumbai: The Reserve Bank of India (RBI) has imposed a penalty of Rs 1 crore each on three public sector…

Rupee slips to new low; touches 71.75/$

Mumbai: The Indian rupee plunged to a fresh record low of 71.75 to a dollar during the morning trade session…

Banks with over 10 branches to have ombudsman: RBI

Mumbai: The Reserve Bank of India (RBI) on Monday asked all scheduled commercial banks with more than 10 branches to…

MSME sector struggling post demonetization loan defaulters double: RBI

While the whole economy seemed to decline with imposed demonetization and GST, Micro, Small and Medium Enterprises (MSME) are reported…

RBI may restrict circulation of Rs. 2000 notes

Hyderabad: According to the latest report of RBI, 99.31% demonetized notes have come back to RBI. After the claim of…

RBI annual report: Shiv Sena demands discussion in Parliament

Mumbai: Senior Shiv Sena leader Sanjay Raut on Thursday slammed Centre for RBI report on Demonetisation terming it as ‘shocking’.…

99.3% demonetised notes returned to banks: RBI

New Delhi: The Reserve Bank of India (RBI) in its annual report for the year 2017-18 stated that 99.3 per…

RBI report: Mamata comes down heavily on Centre

New Delhi: Launching a scathing attack on the Bharatiya Janata Party (BJP)-led Centre, West Bengal Chief Minister Mamata Banerjee on…

Apologise on RBI’s note ban report: CPI to Modi

Hyderabad: CPI General Secretary S. Sudhakar Reddy today demanded that Prime Minister Narendra Modi apologize to the nation for the…

Fake Rs 50, Rs 100 notes’ detection record high in 2017-18: RBI

Mumbai: The detection of counterfeit notes in the Rs 50 and Rs 100 denomination witnessed a record high in 2017-18…

RBI: 99.3% of demonetised currency returned to banks

On 8 November 2016, the Government of India announced the demonetisation of all ₹500 and ₹1000 banknotes of the Mahatma…

RBI deadline ends on finalising NPAs’ resolution

Mumbai: A major deadline in the process of resolving the country's most pressing corporate and banking problem of NPAs, or…