New Delhi, July 3 (IANS) The Reserve Bank of India (RBI) on Monday said that as much as 76 per cent of the total number of Rs 2,000 notes in circulation have been returned to banks.
The central bank said in
MUMBAI, OCTOBER 9 (IANS): The Reserve Bank of India (RBI) has extend the 'co-origination' model of lending to all non-banking financial companies (NBFC), including housing finance companies (HFC), to ma
CHENNAI, OCTOBER 1 (IANS): Breaking its silence on the happenings in the Kerala-based Dhanlaxmi Bank, the Reserve Bank of India (RBI) on Thursday approved the formation of a Committee of Directors (CoD) to exer
CHENNAI, SEPTEMBER 28 (IANS): The Reserve Bank of India (RBI) should take a prompt and correct action of merging the 93-year-old Lakshmi Vilas Bank (LVB) with a nationalised bank, a top leader of one of the lar
MUMBAI, SEPTEMBER 4 (IANS): The Reserve Bank of India (RBI) on Friday released its revised priority sector lending guidelines wherein the credit limits have been raised for farmer producer organisations, renewa
MUMBAI, AUGUST 31 (IANS): The Reserve Bank of India (RBI) on Monday announced additional steps to ensure orderly market conditions and congenial financial conditions, including conducting a special open market
NEW DELHI, AUGUST 27 (IANS): Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said that after containment of spread of the novel Coronavirus, the financial sector will have to return to its norm
NEW DELHI, AUGUST 25 (IANS): Currency notes of Rs 2,000 were not printed at all in financial year 2019-20, according to the Reserve Bank of India (RBI).
The central bank's Annual Report for 2019-20 also
MUMBAI, AUGUST 25 (IANS): The Reserve Bank of India (RBI) on Tuesday announced the sale and purchase of government securities worth Rs 20,000 crore under open market operations.
The OMO would be conducted in
MUMBAI, AUGUST 17 (IANS): The Reserve Bank of India (RBI) has lifted the restriction regarding the remuneration of Bandhan Bank's MD and CEO after the promoter shareholding was brought down to 40 per cent i
NEW DELHI, AUGUST 11 (IANS): As the Emergency Credit Line Guarantee Scheme, specially formed for MSMEs, progresses, the government is considering allowing cooperative banks to lend under it too.
Addressing a
Mumbai, August 7 (IANS): The Reserve Bank on Thursday retained its key short-term lending rate to curb the rise in inflation, and stabilise the general economic environment.
Even though it retained the repo
MUMBAI, AUGUST 6 (IANS): The Reserve Bank of India (RBI) on Thursday retained its key short-term lending rates, but maintained its growth oriented accomodative stance.
Accordingly, the Monetary Policy C
NEW DELHI, JULY 26 (IANS): As the economy reels under the pandemic and post lockdown woes, Reserve Bank of India (RBI) Governor Shaktikanta Das is of the view that extreme risk aversion by financial institution