Tag: Reserve Bank of India
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.....
Even Ravana Had Broad Shoulders:Mamata Takes A Dig At Modi
Virtually comparing Prime Minister Narendra Modi to Ravana, West Bengal Chief Minister Mamata Banerjee on Wednesday declared that he would be "banned" by the people before any more bids to demonetise Indian currency....
Shut Down SBI Branches Till Cash Flow Improves, Says Trade Union
State Bank of India (SBI) can shut down its branches till the supply of cash gets normalised and staff are not put to risk to face the ire of banking public, a top union leader said. ....
Cash Flow To Normalise Soon : Urjit Patel
Reserve Bank of India Governor Urjit Patel on Friday is learnt to have said that cash flow in the country will normalise soon.....
Government Spends Rs 3.09 Per Rs 500 Currency Note: RTI
The Reserve Bank of India spends Rs 3.09 for each Rs 500 note as cost towards paper, printing and other charges, an RTI query has revealed.....
Jaitley Launches India Post Payments Bank Branches
Finance Minister Arun Jaitley on Monday launched the India Post Payments Bank branches, saying the network of post offices can take banking operations to every doorstep.....
RBI Expected To Hold Interest Rates At Tuesday's Review
The Reserve Bank of India (RBI) is expected to hold key interest rates at its monetary policy review - its second after November's note ban - in the wake of banks being flush with funds post-demonetisation and a firming up of global oil prices.....
RBI To Keep Watch On Long-term Data For Rate Cuts: HDFC CEO
The Reserve Bank of India (RBI) will keep a close watch on certain data like crude oil prices, US economic data and monsoon, to consider a future cut in its lending rates, Vice Chairman and Chief Executive Officer of HDFC Keki Mistry said.....
