Tag: RBI
17 Results
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RBI clears Rs 24,773.11 Cr CCL, Mann thanks Centre for timely release
Expressing gratitude to the Centre for timely release of CCL, Chief Minister Bhagwant Mann said it would go a long way in ensuring seamless procurement of Wheat during the current marketing season.
March 28, 2022 -
Man who assumed identity of RBI, finance ministry officials held for Rs 2.25 crore fraud
The accused, Himanshu Bhandarion was arrested from Noida in Uttar Pradesh on 15 March. He was produced before the Surajpur Court in Greater Noida. Brought under transit remand to Odisha, he was later remanded to judicial custody, EOW said today in a statement.
March 20, 2022 -
RBI, govt working in complete harmony on crypto, says Sitharaman
It is my duty to tell the investors who invest in cryptocurrencies to keep in mind that they are investing at their own risk and also need to keep in mind that the cryptocurrency
February 14, 2022 -
RBI’s MPC is expected to begin raising key lending rate from April
"Second, the US Federal Reserve is expected to raise its policy rate at the fastest pace seen after the 'Global Financial Crisis'."
February 12, 2022 -
RBI is in no hurry to launch Cryptocurrency
According to RBI, CBDC is the same as currency issued by a central bank but takes a different form than paper (or polymer).
February 10, 2022 -
The Bad Bank
Bank trade unions and other critics say, with evidence that is difficult to deny, that the bad bank is going to be one more route to help corporate and other big loan evaders. The course involves a corporate entity borrowing money from the bank, then becoming insolvent after some time and defaulting on the loan, leading the bank to sell the assets dirt cheap to another corporation
February 3, 2022 -
ADIF welcomes RBI’s move to extend card tokenisation deadline, urges to increase readiness across all banks
Concerns about the readiness of CoF (card-on-file) tokenisation were expressed by all players in the payment ecosystem. Payment difficulties and revenue losses were also a concern for merchants.
December 24, 2021 -
Realtors hail RBI policy; expect sales to rise 40pc in Oct-Dec
The Reserve Bank of India (RBI) decided to keep benchmark interest rate unchanged at 4 per cent. This is the eighth time in a row.
October 8, 2021 -
Looking at growth to become entrenched: RBI guv Das
The RBI said that given the existing liquidity overhang, absence of a need for additional borrowing for GST compensation.
October 8, 2021 -
New auto debit rules of RBI to set in from Friday
HDFC Bank in a bulk message to customers said as per RBI guidelines on e-Mandate on cards, the bank will decline non-compliant recurring transaction.
September 30, 2021 -
RBI will signal lift-off in interest rates through policy stance
However, with GDP contraction, the RBI had to be flexible with the conduct of the policy rate, reports suggests.
September 16, 2021 -
RBI warns against frauds in guise of KYC update
"Members of public are hereby cautioned not to share account login details, personal information, copies of KYC documents, card information, PIN, password, OTP, etc. with unidentified persons or agencies. Further, such details should not be shared through unverified/unauthorised websites or applications,"
September 13, 2021 -
UCO Bank shares zoom over 16 pc as co out of PCA watchlist
Shares of UCO Bank on Thursday zoomed over 16 per cent after the Reserve Bank removed the company from its Prompt Corrective Action Framework
September 9, 2021 -
UCO Bank shares surge 10% as RBI lifts PCA restrictions
The Reserve Bank has specified certain regulatory trigger points, as a part of PCA framework, in terms of three parameters including capital to risk weighted assets ratio (CRAR), net non-performing assets (NPA), and return on assets (RoA)
September 9, 2021 -
PNB MD & CEO CH SS Mallikarjuna Rao’s view on RBI’s Monetary Policy
Additional liquidity measures through extension of deadline of On tap TLTRO scheme till December 31, 2020 will have positive implications for stressed sectors like retail, MSME and real estate.
August 7, 2021 -
RBI cancels licence of Madgaum Urban Co-operative Bank Ltd, depositors not to worry
On liquidation, every depositor would be entitled to receive deposit insurance claim amount of their deposits up to a monetary ceiling of Rs 5 lakh only from the DICGC.
July 29, 2021 -
Pandemic pushes digital payments, RBI index up 30%
The index for March 2021 stands at 270.59 as against 207.84 for March 2020, announced while launching the index on January 1, 2021.
July 29, 2021