Days after imposing strict restrictions on New India Co-operative Bank, the Reserve Bank of India (RBI) has eased withdrawal limits. Starting February 27, customers will be allowed to withdraw up ...
Listen to Story RBI proposes zero foreclosure charges on floating rate loans It has invited feedback from the public on the above by March 21 It aims to make affordable and easier financing for Micro ...
Former RBI Governor Shaktikanta Das: PM Modi New Principal Secretary 2: The government on Saturday appointed retired IAS officer and former Reserve Bank of India governor Shaktikanta Das as Principal ...
MUMBAI: In a move aimed at improving liquidity in the banking system, the RBI has said that it will conduct a USD/INR buy/sell swap auction on Feb 28 to inject Rs 86,000 crore into the banking system.
The RBI will conduct the buy/sell swap on February 28, it said in a release. The first leg of the transaction would be settled on March 4 and could infuse around 870 billion rupees ($10 billion ...
This was reiterated by newly-appointed RBI Governor Sanjay Malhotra in the February Monetary Policy Committee meeting announcements. “On the direct tax front, the Budget proposes tax relief of ...
"This app offers quick access to the Database on the Indian Economy (https://data.rbi.org.in) portal and aims to serve the researchers, students, and the general public," it said.
RBI says it now owns nearly 100 per cent of the business and is looking for a new local partner to invest in the operations and become the controlling shareholder. The company says TFI helped Burger ...
The Indian Rupee (INR) is expected to trade within the range of 86.5 to 87.5 per US dollar in the near term, with the Reserve Bank of India (RBI) likely to keep its intervention limited ...
RBI now owns nearly 100 percent of the Burger King China segment and said it will engage advisers to assist the company in finding a new local partner to “inject primary capital into the business and ...
The RBI conducted an audit at the New India Co-op Bank’s head office in Prabhadevi and Goregaon branch. Probing officials discovered a discrepancy of Rs 112 crore at the bank’s head office and another ...
Panic-stricken depositors on Friday queued up before the branches of Mumbai-based New India Co-operative Bank after the Reserve Bank of India (RBI) clamped severe restrictions on the bank in the wake ...