Tag: Reserve Bank
Foreign Stake In HDFC Bank Crosses 74% Limit Again: RBI
Private sector HDFC Bank has again crossed the foreign investment limit prescribed as a percentage of paid-up capital for Indian companies, the Reserve Bank of India (RBI) said on Friday....
Delhi Metro Smart Cards To Be Non-refundable From April 1
The Delhi Metro's smart cards will be non-refundable from April 1, the DMRC announced on Tuesday.....
Banks Need Incentives To Clean Up Bad Loans: SBI
The State Bank of India (SBI) on Wednesday said that the Reserve Bank of India (RBI) needs to give some incentives to banks for resolution of bad loans in terms of provisions or extending the deadline of March 31 to clean up their books.....
Electoral Bonds Cannot Become Parallel Currency-Arun Jaitley
Finance Minister Arun Jaitley on Wednesday said that the electoral bonds announced in Union Budget 2017-18 to promote legitimate funding of political parties cannot become a parallel currency and thus would be valid only for a specific duration.....
Jaitley, RBI Officials To Discuss Banks' Bad Loans
Finance Minister Arun Jaitley will meet with senior Reserve Bank of India (RBI) officials in New Delhi on Friday to discuss the issue of banks' non-performing assets (NPAs) or bad loans, sources said.....
Jaitley, RBI Governor Discuss Banks' Bad Loans
Finance Minister Arun Jaitley met with Reserve Bank of India (RBI) Governor Urjit Patel and other senior officials here on Friday to discuss the issue of banks' non-performing assets (NPAs) or bad loans, sources said.....
All Cash Withdrawal Limits Go Back To Pre-demonetisation Era
All limits on savings bank cash withdrawals post-demonetisation ended on Monday, as had been announced by the Reserve Bank of India (RBI) last month. ....
US Fed Likely To Hike Interest Rate On Wednesday
Market expectations of an interest rate hike by the US Federal Reserve later on Wednesday have heightened sharply following strong employment data released last week.....
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....
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.....
