Tag: RBI
Shaktikanta Das Takes Over As RBI Governor
Former Economic Affairs Secretary Shaktikanta Das on Wednesday assumed charge as RBI Governor after Urjit Patel abruptly resigned from the post amidst a tiff with the government on the central bank's autonomy.....
Justice Sikri Withdraws 'consent' To Take Up Commonwealth Post
After a controversy erupted, Supreme Court judge A.K. Sikri, who last week sided with the government in the three-member committee to remove CBI Director Alok Verma, on Sunday withdrew his "consent" to be nominated to the post of President/Member of the London-based Commonwealth Secretariat Arbitral Tribunal (CSAT).....
RBI Cuts Lending Rate To 6.25%, Shifts Stance To 'neutral'
In the final monetary policy review of the current fiscal, the Reserve Bank of India (RBI) on Thursday lowered its key lending rate for commercial banks to 6.25 per cent.....
Chandrayaan's 3rd Lunar-bound Orbit Exercise Performed
The telemetry, tracking and command network of the Indian space agency (ISTRAC) performed the third lunar-bound orbit manoeuvre for Chandrayaan-2 spacecraft, the agency said on Wednesday. ....
PMC Customer With Rs 90 Lakh In Bank Dies Of Stress
A customer with around Rs 90 lakh in the crisis-hit Punjab & Maharashtra Cooperative Bank Ltd has died. Sanjay Gulati had already lost his job earlier this year following the collapse of the Jet Airways, and now restrictions on his hard-earned savings may have taken away his life. ....
RBI Steps In To Calm Financial Markets Amid Coronavirus Panic
In a bid to calm the Indian financial markets the Reserve Bank of India on Tuesday said that it is ready to take "appropriate actions" to ensure the orderly functioning of financial markets. ....
Yes Bank Crashes 72% After RBI Takes Charge
Private lender Yes Bank lost nearly three-fourth of its share value during Friday's early trade after RBI superseded its board on Thursday. ....
Yes Bank Depositors' Money Safe, RBI Working On Resolution: FM
Finance Minister Nirmala Sitharaman on Friday said that Reserve Bank of India (RBI) is working towards for early resolution of Yes Bank issue and she is in constant touch with the Governor.....
Corona Effect: Reserve Bank Expected To Cut Rates
To deal with the economic fallout of coronavirus outbreak, the Reserve Bank of India is expected to cut rates.....
Inflationary Woes: RBI Retains Lending Rates, Maintains Accommodative Stance
To curb the rise in inflation, and stabilise the general economic environment, the Reserve Bank on Thursday retained its key short-term lending rates, but maintained its growth-oriented accommodative stance. ....
