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Tag: Reserve Bank of India

India's forex reserves decline by over $3 billion
Business / News Update

RBI rate cut fails to boost market, Sensex falls to trade in red

March 27, 2020 - by IANS

Mumbai: Indian stock markets erased all their initial gains on Friday afternoon, with the BSE Sensex trading over 250 points lower, although the Reserve Bank of India (RBI) announced an emergency …

RBI rate cut fails to boost market, Sensex falls to trade in red Read More
Accelerated Recovery: RBI to maintain accommodative stance, rates
Business / National / News Update

RBI cuts key lending rates to 4.40%; maintains accommodative stance

March 27, 2020 - by IANS

Mumbai: The Reserve Bank of India (RBI) on Friday massively reduced the key lending rates in response to the COVID-19 outbreak. Accordingly, the Monetary Policy Committee of the central bank in …

RBI cuts key lending rates to 4.40%; maintains accommodative stance Read More
RBI to assign responsibilities in the Yes Bank case: FM
National / News Update

RBI to assign responsibilities in the Yes Bank case: FM

March 6, 2020 - by IANS

New Delhi: Finance Minister Nirmala Sitharaman on Friday said the government has asked the Reserve Bank of India to look into wrongs at the Yes Bank and assign individual responsibilities. The …

RBI to assign responsibilities in the Yes Bank case: FM Read More
Accelerated Recovery: RBI to maintain accommodative stance, rates
National / News Update

RBI releases Yes Bank revival draft, says SBI ready to invest

March 6, 2020 - by IANS

Mumbai: The Reserve Bank of India on Friday put out the draft of a revival scheme for Yes Bank, which has been put under the control of the central bank. India’s …

RBI releases Yes Bank revival draft, says SBI ready to invest Read More
National / News Update

Top 50 NBFCs’ asset-liability status under RBI lens: Das

February 24, 2020 - by IANS

Mumbai: The top 50 non-banking finance companies (NBFCs) were being monitored closely, said Reserve Bank of India Governor Shaktikanta Das, here on Monday, hinting at the RBI’s focus on early detection …

Top 50 NBFCs’ asset-liability status under RBI lens: Das Read More
MPC maintains accommodative stance, keeps rates unchanged
National / News Update

RBI notifies norms for realty projects’ asset classification

February 7, 2020 - by IANS

Mumbai: The Reserve Bank of India on Friday notified norms for asset classification on date of commencement of commercial operations (DCCO) deferment for commercial realty projects. Banks are allowed to revise …

RBI notifies norms for realty projects’ asset classification Read More
RBI Governor calls on Odisha CM
News Update

RBI Governor calls on Odisha CM

December 12, 2019 - by IANS

Bhubaneswar, Dec 12: Reserve Bank of India (RBI) Governor Shaktikanta Das and Odisha Chief Minister Naveen Patnaik discussed several issues on Thursday, including financial inclusion programmes. “A lot of issues, …

RBI Governor calls on Odisha CM Read More

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Business News

  • India–Russia Trade Boost: Piyush Goyal Highlights Big Gains for Key Sectors

    India–Russia Trade Boost: Piyush Goyal Highlights Big Gains for Key Sectors

  • International Telecommunication Workshop Kicks Off in Bhubaneswar

    International Telecommunication Workshop Kicks Off in Bhubaneswar

  • NHAI-Reliance Jio Sign MoU to Roll Out Highway Safety Alert System

    NHAI-Reliance Jio Sign MoU to Roll Out Highway Safety Alert System

  • Jio Odisha Market Leadership: Operator Tops with 1.69 Crore Subscribers

    Jio Odisha Market Leadership: Operator Tops with 1.69 Crore Subscribers

  • Senco Gold & Diamonds Unveils “Senco Di Wedding – Before The Vows”

    Senco Gold & Diamonds Unveils “Senco Di Wedding – Before The Vows”

  • Fashion Factory Free Shopping Week: Pay ₹2000, Get ₹2000 Back

    Fashion Factory Free Shopping Week: Pay ₹2000, Get ₹2000 Back

  • FICCI Leadership Changes: Anant Goenka Becomes President for 2025–26

    FICCI Leadership Changes: Anant Goenka Becomes President for 2025–26

  • IIM Bodh Gaya, Bihar Govt Partner to Boost Good Governance

    IIM Bodh Gaya, Bihar Govt Partner to Boost Good Governance

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