Tag: Reserve Bank
RBI To Announce Facility For NRIs To Exchange Old Notes
The Reserve Bank of India (RBI) on Saturday said that it will introduce a facility for exchange of old specified bank notes for Indian residents and NRIs, who were abroad from November 9 to December 30.....
Estimates Of Demonetised Notes Back With Banks May Be Incorrect: RBI
Reacting to media reports about the quantum of demonetised currency that has been returned to the banks, the Reserve Bank of India on Thursday said such estimates may not be correct.....
No Rush For Cash, A Day Before ATM Curbs To Lift
There were no queues outside most ATMs in Delhi and Noida on Tuesday morning, a day before curbs on withdrawals are set to be lifted by the Reserve Bank of India (RBI). ....
Agency Banks, RBI Offices To Remain Open Till April 1
The Reserve Bank of India (RBI) has asked all agency banks -- all public sector banks and some private banks -- to remain open on all days between March 25 and April 1.....
G-20 Panel Meeting In Varanasi To Discuss Inclusive Growth
A two-day G-20 working group meeting, with inclusive global growth on top of the agenda, will get underway in Varanasi this week from March 28, an Indian official said on Sunday.....
Ordinance On Bad Loans Gets Presidential Nod
An ordinance empowering the Reserve Bank of India (RBI) to tackle bad loans of banks got the Presidential nod on Friday.....
SC Gives Centre, RBI Time To Devise Plan For Depositing
The Supreme Court granted the Centre and the Reserve Bank of India two weeks to consider the option of granting a window to those who could not deposit their demonetised Rs 500 and Rs 1,000 currency notes for a compelling reason.....
Change In RBI Act, New Law May Be Needed For PCR: RBI
The government may need to amend the Reserve Bank of India Act of 1934 and also bring a special law vis-a-vis setting up of the Public Credit Registry (PCR) to revolutionise the credit sector, an RBI official said on Monday.....
RBI To Inject Rs 40,000 Cr Liquidity In December
Yielding to the liquidity concerns raised by the government, the Reserve Bank of India (RBI) on Tuesday said it will "inject durable liquidity" of Rs 40,000 crore through open market operations (OMOs) in December.....
RBI Turns Accommodative: Reduces Lending Rates To Boost Growth
Home and auto loans are set to become cheaper as the Reserve Bank of India (RBI) on Thursday lowered its key lending rate for commercial banks by 25 basis points (bps) to 5.75 per cent.....
