Tag: Reserve Bank of India
Stock Market Today: RBI Rate Cut Fails To Boost Market, Sensex Falls To Trade In Red
Indian stock markets erased all their initial gains on Friday afternoon, with the BSE Sensex trading over 250 points lower, although the Reserve Bank of India (RBI) announced an emergency rate cut of 75 basis points. ....
J&K Bank To Implement RBI Guidelines On Term Loan Moratorium
The Jammu and Kashmir Bank, which has the largest number of branches in J&K and Ladakh union territories, has decided to fully implement the RBI guidelines seeking a three-month long moratorium on term loans.....
RBI Unleashes More Firepower; Cuts Reverse Repo Rate, Initiates TLTRO 2.0
To mitigate the impact of economic fallout on financial liquidity due to Covid-19 pandemic, the Reserve Bank of India on Friday announced a set of new measures including a reduction in reverse repo rate.....
Inflationary Woes: RBI Retains Rates, Maintains Accommodative Stance
The Reserve Bank of India (RBI) on Friday retained its key short-term lending rates to subdue the unabatedly high inflation rate.....
High Frequency Indicators Showing Mixed Signals: RBI Governor
As country battles the Covid crisis and states go for lockdowns, Governor of the Reserve Bank of India (RBI) Shaktikanta Das has said that high frequency indicators are showing mixed signals for the Indian economy.....
RBI Announces Fresh Rs 50K Crore Auction Under G-sec Acquisition Programme 2.0
RBI on Friday announced that it will conduct two more auctions of Rs 25,000 crore each for open market purchase of government securities under G-sec Acquisition Programme (G-SAP 2.0). ....
RBI Fines Punjab National Bank For Breach Of Rules
The Reserve Bank of India (RBI) said on Friday that it has imposed a penalty of Rs 1.32 crore on Punjab National Bank for non-compliance with regulations on ‘Loans and Advances – Statutory and Other Restrictions’ and breach of KYC norms.....
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 (RBI) 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.....
Many ATMs Run Dry But Queues Get Shorter
The Reserve Bank of India (RBI) hiked the limit on daily withdrawal from ATMs from Rs 4,500 to Rs 10,000, but a day after the decision many ATMs across the national capital were without cash.....
Rs 9.2 Lakh Crore New Notes In System: Patel Tells MPs' Panel
Reserve Bank of India Governor Urjit Patel on Wednesday told a Parliamentary Standing Committee on Finance that Rs 9.2 lakh crore of new currency notes have been put in circulation since the high-value currency notes were demonetised on November 8.....
