Tag: Reserve Bank
Chaos As Crowds Throng RBI To Exchange Old Currency
Hundreds thronged the RBI here with old demonetised notes to grab new ones on the last day of official exchange on Friday but most people returned home disappointed.....
Centre Releases Rs 17,994 Cr CCL For Wheat Procurement In Punjab
The central government has released an amount of Rs 17,994.21 crore towards Cash Credit Limit (CCL) for Punjab's Rabi (wheat) procurement, a state government spokesman said here on Thursday.....
RBI Comes Out With New Corrective Action Plan For Banks
The Reserve Bank of India (RBI) on Thursday said capital, asset quality and profitability would be the basis of the Prompt Corrective Action (PCA) framework on which the banks would be monitored and has defined three kinds of risk thresholds.....
Ordinance To Help Banks: SBI
The Banking Regulation (Amendment) Ordinance, notified on Friday, is expected to facilitate bankers to adopt resolutions for NPA (non performing assets) accounts, a banker said on Friday.....
Fake Currency Of Rs 11.23 Crore Face Value Detected Post Note Ban
Fake currency having face-value of over Rs 11.23 crore was detected in 29 states post demonetisation, the government informed Parliament on Tuesday.....
Baijal Requests RBI To Inquire Delhi Cooperative Bank 'scam'
Delhi Lt Governor Anil Baijal on Thursday requested Reserve Bank of India (RBI) to inquire into the alleged irregularities in a city cooperative bank and also directed the Economic Offences Wing (EOW) of Delhi Police to investigate the entire matter.....
Govt Sharply Cuts Small Savings Rates, PPF To Get Just 7.1% Now
The government on Tuesday steeply cut interest rates on various small savings schemes in line with sharp cut in policy rates announced by the Reserve Bank of India on Friday where it reduced repo rate by 75 basis points.....
Stock Market: Sensex Off Highs, 450 Points Up Post RBI's Fresh Measures
The Indian stock market lost most of its initial gains despite the announcement of fresh liquidity measures by the Reserve Bank of India (RBI).....
RBI Unveils New Measures
The RBI Governor on Friday announced a new set of measures in response to the current growth and financial market stress. These measures are mostly aimed at easing some pressures on the lower rated / smaller participants of the financial markets. ....
RBI Comes Out With 'Special Liquidity Facility' For Mutual Funds
To ease liquidity pressures on Mutual Funds, the Reserve Bank of India on Monday decided to open a special liquidity facility (SLF-MF) worth Rs 50,000 crore.....
