Tag: Bank of India
RBI Hints At Further Cut In Interest Rate To Counter Corona Risks
The Reserve Bank of India has hinted at further cuts in interest rates to maintain adequate liquidity in the system and counter the intensification of risks to growth and financial stability brought on by COVID-19. ....
RBI Keeps Repo Rate Unchanged At 4 Percent
Adopting a wait and watch approach, the Reserve Bank retained its key short-term lending rates along with the growth-oriented accommodative stance during the final monetary policy review of FY21. ....
SIDBI, NABARD, NHB Get Rs 50,000 Crore Refinancing Support From RBI
The Reserve Bank of India has turned its attention to meeting the funding requirements of NBFCs, MFIs and housing finance by providing special refinance facilities of Rs 50,000 crore to All India Financial Institutions (AIFIs) such as the NABARD and the SIDBI. ....
Chidambaram Slams Govt, Asks Why RBI Is Infusing Liquidity
Former Union Finance Minister and senior Congress leader P. Chidambaram, on Saturday, slammed the central government and questioned why the Reserve Bank of India (RBI) is infusing more liquidity as the growth in financial year 2020-21 is headed towards negative territory.....
RBI To Issue New Rs 10 Notes, Old Ones To Remain Valid
The Reserve Bank of India on Thursday said it will shortly issue new Rs 10 denomination currency notes, while clarifying that the old Rs 10 notes will also remain valid. ....
Woman Strips After Being Unable To Exchange Old Notes At RBI
A 30-year old woman on Wednesday stripped outside the Reserve Bank of India office here in protest after she could not exchange her old demonetised currency notes from the central bank for the last three days, police said.....
Woman Strips After Being Unable To Exchange Old Notes At RBI
A 30-year old woman on Wednesday stripped outside the Reserve Bank of India office here in protest after she could not exchange her old demonetised currency notes from the central bank for the last three days, police said.....
RBI To Give Nepal Rs 1 Bn In 100-rupee Notes
The Reserve Bank of India (RBI) has agreed to provide Rs 1 billion to the Nepal Rastra Bank (NRB) after its request that the country was facing a shortage of INR 100 denomination banknotes.....
PAC 'not Likely' To Summon Modi On Demonetisation
Prime Minister Narendra Modi may not be summoned by the Public Accounts Committee on the issue of demonetisation as "there is no such precedent", said the key parliamentary panel's chairman K.V. Thomas here on Monday. ....
RBI Chief Asks Centre To Drastically Cut Borrowings
Reserve Bank of India Governor Urjit Patel on Wednesday warned that the government's debt to GDP ratio was constraining the country's sovereign ratings and called upon the central government to work towards reducing high central and state borrowings.....
