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Tag: Reserve Bank of India

 
Government Approves Printing Plastic Notes

The Reserve Bank of India (RBI) has been authorised to conduct field trials for printing plastic Rs 10 denomination notes which will have a longer life span, Parliament was informed on Friday....


 

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No Plans To Print Rs 5,000, Rs 10,000 Notes: Government

The government is not planning to print Rs 5,000 and Rs 10,000 currency notes, Parliament was informed on Friday.....


 

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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.....


 

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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.....


 

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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.....


 

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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.....


 

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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.....


 

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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.....


 

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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.....


 

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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).....


 

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