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 Mumbai: The Reserve Bank of India will restore trading hours for currency and bond markets in a phased manner from November 9. The RBI on Monday notified that market activities including …
RBI to restore currency, bond market trading hours from Nov 9 Read More
Mumbai: India’s foreign exchange reserves plunged by $3.017 billion during the week ended September 25. According to the Reserve Bank of India’s weekly statistical supplement, the reserves decreased to $542.021 billion …
India’s forex reserves decline by over $3 billion Read More Mumbai: The Reserve Bank of India (RBI) on Tuesday announced the sale and purchase of government securities worth Rs 20,000 crore under open market operations. The OMO would be conducted in …
RBI to conduct open market operations worth Rs 20,000 crore Read More Mumbai: The Reserve Bank of India (RBI) has lifted the restriction regarding the remuneration of Bandhan Bank’s MD and CEO after the promoter shareholding was brought down to 40 per cent …
RBI lifts restriction on remuneration of Bandhan Bank MD Read More
Mumbai: The Reserve Bank of India (RBI) on Thursday maintained the key lending rates, leaving them unchanged. Accordingly, the Monetary Policy Committee of the central bank maintained the repo rate — …
RBI maintains accommodative stance; repo rate intact at 4% Read More New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday said that the country now requires policies to ensure a sustained increase in the income of farmers along with …
RBI Guv for farmers’ income growth, reasonable food prices Read More
Mumbai; The Covid-19 pandemic is likely to worsen India’s bad loan scenario, as the latest Financial Stability Report of the Reserve Bank of India (RBI) predicts that gross non-performing assets (NPA) …
Banks’ GNPA ratio may surge to 14.7% in FY21: RBI report Read More New Delhi: The Reserve Bank of India has directed HDFC Limited to bring down its stake in its subsidiaries HDFC Ergo and HDFC Life Insurance to 50 per cent or below. …
RBI directs HDFC to reduce stake in HDFC Ergo, HDFC Life to 50% or below Read More Mumbai: In a major relief for the depositors in the now defunct CKP Co-operative Bank, a senior Reserve Bank of India (RBI) official on Sunday said that around 99.2 per cent …
99% depositors of CKP Co-op Bank to get their full deposits: RBI Read More