Tag: Bank of India
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 Deputy Governor Viral Acharya Resigns
The Reserve Bank of India's (RBI) Deputy Governor Viral Acharya has quit six months before the end of his term, sources said on Monday.....
RBI Cuts Key Rates To 4.40%, Maintains Accommodative Stance
The Reserve Bank of India (RBI) on Friday massively reduced the key lending rates in response to the Covid-19 outbreak.....
Stock Market Today: RBI Rate Cut Fails To Boost Market, Sensex Falls To Trade In Red
Indian stock markets erased all their initial gains on Friday afternoon, with the BSE Sensex trading over 250 points lower, although the Reserve Bank of India (RBI) announced an emergency rate cut of 75 basis points. ....
J&K Bank To Implement RBI Guidelines On Term Loan Moratorium
The Jammu and Kashmir Bank, which has the largest number of branches in J&K and Ladakh union territories, has decided to fully implement the RBI guidelines seeking a three-month long moratorium on term loans.....
RBI Unleashes More Firepower; Cuts Reverse Repo Rate, Initiates TLTRO 2.0
To mitigate the impact of economic fallout on financial liquidity due to Covid-19 pandemic, the Reserve Bank of India on Friday announced a set of new measures including a reduction in reverse repo rate.....
Inflationary Woes: RBI Retains Rates, Maintains Accommodative Stance
The Reserve Bank of India (RBI) on Friday retained its key short-term lending rates to subdue the unabatedly high inflation rate.....
High Frequency Indicators Showing Mixed Signals: RBI Governor
As country battles the Covid crisis and states go for lockdowns, Governor of the Reserve Bank of India (RBI) Shaktikanta Das has said that high frequency indicators are showing mixed signals for the Indian economy.....
CBI Searches 6 Locations In Mumbai In Rs 134 Crore Bank Fraud Case
The Central Bureau of Investigation (CBI) on Friday carried out searches at six locations in Mumbai after registering a case of bank fraud worth Rs 134 crore against Gujarat-based Associate High Pressure Technologies Pvt Ltd and its directors. ....
