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Tag: Reserve Bank of India

Bank Locker New Rule
Business / National

Bank Locker New Rule will effect from New Year

December 26, 2022 - by The Samikhsya

Bank Locker New Rule: The Reserve Bank of India (RBI) has mandated banks in the country to renew their locker agreements with existing bank locker customers by Ist January. All …

Bank Locker New Rule will effect from New Year Read More
Business / News Update

Scheduled Commercial Banks recover Rs 90 crore from financial frauds in last 5 years

December 6, 2021 - by The Samikhsya

New Delhi: The Reserve Bank of India (RBI) has launched the ‘RBI Retail Direct Scheme’ and ‘Integrated Ombudsman Scheme, 2021’. This was stated by Union Minister of State for Finance …

Scheduled Commercial Banks recover Rs 90 crore from financial frauds in last 5 years Read More
Business / News Update

PM to launch two innovative customer centric initiatives of RBI on tomorrow

November 11, 2021 - by The Samikhsya

New Delhi: Prime Minister Narendra Modi will launch two innovative customer centric initiatives of the Reserve Bank of India on 12 November, 2021 at 11 AM via video conferencing. These …

PM to launch two innovative customer centric initiatives of RBI on tomorrow Read More
Business / Special

RBI keeps Repo rate unchanged

October 8, 2021 - by The Samikhsya

New Delhi: The Monetary Policy Committee of the Reserve Bank of India has maintained a status quo on interest rates for the eighth consecutive time and retained the monetary stance …

RBI keeps Repo rate unchanged Read More
Business / National / News Update

Government’s Borrowing Plan for Second Half (H2) of FY 2021-22

September 27, 2021 - by The Samikhsya

New Delhi: The Government of India, in consultation with the Reserve Bank of India, has finalised its borrowing programme for the second half (H2) of FY 2021-22. Out of gross …

Government’s Borrowing Plan for Second Half (H2) of FY 2021-22 Read More
RBI revises FY21 growth to (-)7.5% on current recovery rate, vaccine hopes
Business / National / News Update

RBI revises FY21 growth to (-)7.5% on current recovery rate, vaccine hopes

December 4, 2020 - by IANS

Mumbai: The Reserve Bank of India (RBI) has revised the real GDP growth projection for FY21 upwards to (-) 7.5 per cent on the back signs of faster recovery after the …

RBI revises FY21 growth to (-)7.5% on current recovery rate, vaccine hopes Read More
MPC maintains accommodative stance, keeps rates unchanged
Business / National / News Update

MPC maintains accommodative stance, keeps rates unchanged

December 4, 2020 - by IANS

Mumbai: To subdue unabatedly high inflation rate, the Reserve Bank of India (RBI) maintained the key lending rates. Accordingly, the Monetary Policy Committee of the central bank maintained the repo rate …

MPC maintains accommodative stance, keeps rates unchanged Read More
Equity indices rise ahead of monetary policy announcement
Business / News Update

Equity indices rise ahead of monetary policy announcement

December 4, 2020 - by IANS

Mumbai: The key Indian equity indices rose on Friday ahead of the Reserve Bank of India’s (RBI) monetary policy announcement scheduled during the day. Around 9.35 a.m., Sensex was trading at …

Equity indices rise ahead of monetary policy announcement Read More
Accelerated Recovery: RBI to maintain accommodative stance, rates
Business / Special

Accelerated Recovery: RBI to maintain accommodative stance, rates

December 1, 2020 - by IANS

New Delhi/Mumbai: Faster-than-anticipated economic recovery during Q2FY21 along with healthy macro-economic data points will persuade the Reserve Bank of India to maintain the growth-boosting accommodative stance in the upcoming monetary policy …

Accelerated Recovery: RBI to maintain accommodative stance, rates Read More
RBI revises FY21 growth to (-)7.5% on current recovery rate, vaccine hopes
Business / National / News Update

RBI panel bats for large corporate-backed private banks

November 20, 2020 - by IANS

New Delhi: The Reserve Bank of India’s internal working committee has recommended path-breaking reforms in the Indian banking sector, calling for participation of large Indian corporates and industrial house as promoters …

RBI panel bats for large corporate-backed private banks Read More

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