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RBI Ready To Counter Rupee Slide, Fund Outflow Post-US Election: Sources
India's central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if Republican candidate Donald Trump wins next week's US presidential election, sources said.
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People In Queue To Exchange Rs 2,000 Notes After Last Date Quizzed At RBI
The Economic Offence Wing (EOW) of Odisha Police questioned people standing in queue to exchange Rs 2000 currency notes at the Reserve Bank of India counter here to find out whether they were acting as agents for others, an official said.
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RBI Calls For Tightening Of Banks' Corporate Governance
RBI has said that the banking sector needs to tighten its corporate governance and risk management practices to counter Covid-induced challenges
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RBI Governor Says Robust Auditing Practices Will Help Counter Frauds
RBI Governor said that some times auditors fail to gauge manipulations in accounting practices and stressed on the need to be more alert towards this
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RBI Says $6.7 Billion In Cheap Loans For Vaccine Makers, Hospitals
India's central bank released $6.7 billion in cheap financing for vaccine makers, hospitals and other health firms on Wednesday, to counter the devastating coronavirus surge gripping the country.
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GDP Growth To Be In Negative Territory In 2020-21: RBI Governor
The Reserve Bank of India (RBI) expects the country's GDP or gross domestic product to contract in the current financial year, Governor Shaktikanta Das said on Friday, as he announced a reduction in the repo rate by 40 basis points to 4 per cent. GDP growth will be in the negative territory in 2020-21, Mr Das said in his first address to the media ...
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Nirmala Sitharaman's 13-Tweet Counter To Rahul Gandhi's 'RBI List' Attack
In a series of tweets late on Tuesday night, Finance Minister Nirmala Sitharaman rebutted Congress leader Rahul Gandhi on his allegations on "wilful defaulters, bad loans and write-offs", calling them an attempt to "mislead people in a brazen manner" and sensationalise facts.
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What RBI Just Observed About COVID-19 Impact On Economy
The RBI in late March cut its main short-term lending rate by a larger than expected 75 basis points and took several measures to infuse liquidity in to the banking system to counter the economic fallout from the COVID-19 outbreak.
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RBI Surpassed Market Expectations: Experts On Surprise 0.75% Rate Cut
RBI slashed rates on Friday, following other central banks, in an emergency move to counter the economic fallout from a fast-spreading coronavirus.
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RBI Cuts Rates, Allows 3-Month Pause On EMIs To Offset Coronavirus Impact
Reserve Bank of India (RBI) Governor Shaktikanta Das slashed the key lending rate by 75 basis points (0.75 percentage point) in an emergency move on Friday, to counter the economic fallout from the fast-spreading coronavirus pandemic. The move came after an unscheduled meeting of the Shaktikanta Das-headed Monetary Policy Committee, which was origi...
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RBI Tells Banks To Accept Rs 1, Rs 2, Rs 5 Coins In Polythene Sachets Of 100 Each
RBI says accepting coins packed in polythene sachets of 100 each would be more convenient for the cashiers as well as the customers. Such polythene sachets may be kept at the counters and made available to the customers.
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99% Of Banned 1000, 500 Rupee Notes Returned, Says RBI
Prime Minister Narendra Modi last year in a surprise move banned Rs 500 and Rs 1,000 notes to counter black money, with the high denomination notes losing their legal tender status from midnight of November 8.
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RBI Chief Urjit Patel To Explain Notes Ban To Parliamentary Panel Today
Reserve Bank of India Governor Urjit Patel is expected to appear before a parliamentary panel today, which has asked him to explain the decision of demonetisation and its effect on economy. He is also expected to be asked about the steps the nation's Central bank took to counter the cash crunch that followed the sudden withdrawal of 500- and 1000-...
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Banned Notes: Holders Of Overseas Indian Citizen Cards Express Concern
Many PIOs or persons of Indian Origin and OCIs or Overseas Citizens of India were under the impression that they could exchange their old currency until the end of March. But they were in for a shock when they realised that only NRIs were allowed to do so.
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Arun Jaitley, P Chidambaram Spar Over Effects Of Demonetisation
The war of words was triggered by Mr Jaitley's assertion on Thursday that the country's economic indicators proved the critics wrong.
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RBI Ready To Counter Rupee Slide, Fund Outflow Post-US Election: Sources
India's central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if Republican candidate Donald Trump wins next week's US presidential election, sources said.
-
People In Queue To Exchange Rs 2,000 Notes After Last Date Quizzed At RBI
The Economic Offence Wing (EOW) of Odisha Police questioned people standing in queue to exchange Rs 2000 currency notes at the Reserve Bank of India counter here to find out whether they were acting as agents for others, an official said.
-
RBI Calls For Tightening Of Banks' Corporate Governance
RBI has said that the banking sector needs to tighten its corporate governance and risk management practices to counter Covid-induced challenges
-
RBI Governor Says Robust Auditing Practices Will Help Counter Frauds
RBI Governor said that some times auditors fail to gauge manipulations in accounting practices and stressed on the need to be more alert towards this
-
RBI Says $6.7 Billion In Cheap Loans For Vaccine Makers, Hospitals
India's central bank released $6.7 billion in cheap financing for vaccine makers, hospitals and other health firms on Wednesday, to counter the devastating coronavirus surge gripping the country.
-
GDP Growth To Be In Negative Territory In 2020-21: RBI Governor
The Reserve Bank of India (RBI) expects the country's GDP or gross domestic product to contract in the current financial year, Governor Shaktikanta Das said on Friday, as he announced a reduction in the repo rate by 40 basis points to 4 per cent. GDP growth will be in the negative territory in 2020-21, Mr Das said in his first address to the media ...
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Nirmala Sitharaman's 13-Tweet Counter To Rahul Gandhi's 'RBI List' Attack
In a series of tweets late on Tuesday night, Finance Minister Nirmala Sitharaman rebutted Congress leader Rahul Gandhi on his allegations on "wilful defaulters, bad loans and write-offs", calling them an attempt to "mislead people in a brazen manner" and sensationalise facts.
-
What RBI Just Observed About COVID-19 Impact On Economy
The RBI in late March cut its main short-term lending rate by a larger than expected 75 basis points and took several measures to infuse liquidity in to the banking system to counter the economic fallout from the COVID-19 outbreak.
-
RBI Surpassed Market Expectations: Experts On Surprise 0.75% Rate Cut
RBI slashed rates on Friday, following other central banks, in an emergency move to counter the economic fallout from a fast-spreading coronavirus.
-
RBI Cuts Rates, Allows 3-Month Pause On EMIs To Offset Coronavirus Impact
Reserve Bank of India (RBI) Governor Shaktikanta Das slashed the key lending rate by 75 basis points (0.75 percentage point) in an emergency move on Friday, to counter the economic fallout from the fast-spreading coronavirus pandemic. The move came after an unscheduled meeting of the Shaktikanta Das-headed Monetary Policy Committee, which was origi...
-
RBI Tells Banks To Accept Rs 1, Rs 2, Rs 5 Coins In Polythene Sachets Of 100 Each
RBI says accepting coins packed in polythene sachets of 100 each would be more convenient for the cashiers as well as the customers. Such polythene sachets may be kept at the counters and made available to the customers.
-
99% Of Banned 1000, 500 Rupee Notes Returned, Says RBI
Prime Minister Narendra Modi last year in a surprise move banned Rs 500 and Rs 1,000 notes to counter black money, with the high denomination notes losing their legal tender status from midnight of November 8.
-
RBI Chief Urjit Patel To Explain Notes Ban To Parliamentary Panel Today
Reserve Bank of India Governor Urjit Patel is expected to appear before a parliamentary panel today, which has asked him to explain the decision of demonetisation and its effect on economy. He is also expected to be asked about the steps the nation's Central bank took to counter the cash crunch that followed the sudden withdrawal of 500- and 1000-...
-
Banned Notes: Holders Of Overseas Indian Citizen Cards Express Concern
Many PIOs or persons of Indian Origin and OCIs or Overseas Citizens of India were under the impression that they could exchange their old currency until the end of March. But they were in for a shock when they realised that only NRIs were allowed to do so.
-
Arun Jaitley, P Chidambaram Spar Over Effects Of Demonetisation
The war of words was triggered by Mr Jaitley's assertion on Thursday that the country's economic indicators proved the critics wrong.
