Tag: RBI
17 Results
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Talk about delimitation of assembly constituencies in J-K a rumour: Governor Malik
Malik, who was talking to media persons in Srinagar, urged the Kashmiri youth to give up militancy as neither “azaadi” nor autonomy was possible.
June 12, 2019 -
RBI approves Chhibber’s appointment as interim CMD of J&K Bank
Ahmad's removal is part of action taken by Anti-Corruption Bureau, which was established a few months ago in the state.
June 10, 2019 -
RBI’s revised NPA circular credit positive: Moody’s
"Extension of the circular to non-bank finance companies (NBFCs) will help align the loan-loss provisioning norms for the large stressed accounts of NBFCs with commercial banks."
June 10, 2019 -
ACB registers corruption FIR against JK Bank
Immediately after the registration of FIR, searches of premises of Corporate Office J&K Bank Head Quarters and during search operations documents pertaining to the appointments were seized.
June 9, 2019 -
Government appoints search committee for new managing director of J&K Bank
A spokesman of the state government said on Saturday evening that the J&K Bank has also been directed repeatedly by the Reserve Bank of India (RBI) to separate the positions of Chairman and Managing Director for better governance.
June 9, 2019 -
India has 597 ATMs less in 2019 than 2017: RBI report
However, in terms of the number of ATMs deployed, India is next only to China, recording a strong compound annual growth rate of 14 per cent in the period between 2012 and 2017.
June 8, 2019 -
HDFC Bank removes S.R. Batliboi as statutory auditors
The bank said in a stock exchange filing it has appointed MSKA and Associates for a period of four years with effect from the financial year 2019-20, subject to the approval of the RBI and company shareholders.
June 7, 2019 -
Rupee opens marginally higher post RBI policy decision
Forex traders said investors welcomed the RBI policy decision as this would help to boost the slowing economy.
June 7, 2019 -
Rupee ends almost flat at 69.28 against dollar after RBI cuts rate
The Indian rupee recouped most of its early losses and closed marginally lower at 69.28 to the US dollar after the Reserve Bank in a widely expected move cut key interest rates by 0.25 percentage point.
June 6, 2019 -
Home, auto loans to get cheaper as RBI cuts repo rate by 25 basis points to 5.75%
Amid reluctance by banks to pass on the benefits of lower lending rate, RBI Governor Shaktikanta Das on Thursday said the central bank would make sure that transmission of reduced repo rate would be faster and higher.
June 6, 2019 -
Probe finds IFIN’s ‘illegal strategy’ for group lending
Those charged by SFIO include former IL&FS Vice Chairman Hari Sankaran and former IFIN MD Ramesh Bawa, both of whom are under arrest.
June 2, 2019 -
RBI may toughen NBFCs’ access to public deposits
Even the Employees Provident Fund Organisation (EPFO), sources said, could pull back from NBFC investments to avoid default risks.
May 22, 2019 -
“RBI’s vision document on payment systems to spur digital economy”
The RBI has said it will implement the approach outlined in the document during the period 2019 - 2021.
May 19, 2019 -
‘Even coalition govt must work for growth’: Anand Mahindra casts vote in Mumbai South
The Indian economy is currently passing through a slow growth phase and the industry is looking up to the new government, which will assume power in June, for some bold reforms.
April 29, 2019 -
RBI to issue new Rs 20 notes; it’s greenish-yellow, Ellora Caves motif on reverse
All the banknotes in the denomination of Rs 20 issued by the RBI in the earlier series will continue to be legal tender, the apex bank informed.
April 27, 2019 -
SC directs RBI to disclose annual inspection reports of banks under RTI, warns of contempt
The apex court and the Central Information Commission had earlier held that the RBI cannot refuse to put the inspection reports in the public domain under the transparency law.
April 26, 2019 -
PSBs continue with 180 days to resolve Jet
Official sources in the Finance Ministry said that banks have informed the ministry that they were not ready to wait endlessly to restore health of the beleaguered airline and if attempts to bring in a strategic investor fails or is not completed by June 30, lenders may immediately initiate bankruptcy proceedings against Jet.
April 7, 2019