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RBI Allows Minors Over 10 Years To Open Bank Accounts Independently
The Reserve Bank of India (RBI) is now allowing minors aged 10 years and above to open and operate savings and term deposit accounts independently.
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RBI Governor Shaktikanta Das Hospitalised, To Be Discharged In Few Hours
Reserve Bank of India (RBI) Governor Shaktikanta Das was hospitalised in Chennai earlier in the day with a minor health issue. The RBI said he experienced acidity and was admitted to the Apollo hospital in the Tamil Nadu hospital.
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Microsoft Power Outage Caused "Minor Disruptions" In 10 Banks: RBI
The RBI on Friday said the outage in Microsoft Services impacted 10 banks and NBFCs with minor disruptions which have either been resolved or are being resolved.
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Bitcoin, Ether Enter July Trading Rink With Minor Losses, Majority Altcoins Stay Low on Value Marks
As per international exchanges like Binance and CoinMarketCap, Bitcoin values were around $19,101 (roughly Rs. 15.08 lakh) on Monday, July 4 after incurring small dips. Ether, Biance Coin, Polkadot, and Polygon also tumbled down the price charts, following BTC. Surprisingly, Dogecoin reeled-in gains, small but significant. Shiba Inu and other altco...
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"Anti-Minority" Image Will Hurt Indian Companies, Warns Raghuram Rajan
Amid concerns over minorities being targeted in India, former Reserve Bank governor Raghuram Rajan on Thursday cautioned that an 'anti-minority' image for the country can lead to loss of market for Indian product.
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DCB Bank Acquires 9% Stake In Non-Banking Financial Company 'Techfino Capital'
DCB Bank Limited, announced on Wednesday, that it acquired a minority equity stake of approximately nine per cent in NBFC 'Techfino Capital Private Limited.
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RBI's Monetary Policy Committee Concerned On Growth, Some Flag Inflation Risks
A minority of MPC members warned that a bad monsoon could push up food prices and drive up inflation above the RBI's 4 per cent target.
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Give Data On Credit Facility To Minorities: RBI To Banks
The Reserve Bank of India (RBI) has directed lenders to furnish data on credit assistance to minority communities on a half yearly basis to the finance ministry and the central bank.
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Nifty Ends With Minor Gains; ONGC, RIL Rise
The Nifty edged higher on Wednesday, snapping two days of falls, as oil explorers rose after recent sharp falls, while some firms seen as sensitive to rates extended recent rallies on hopes the Reserve Bank of India (RBI) would ease policy early next year.
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Nayak Panel Wants RBI to Let Banks Decide When to go Public
A Reserve Bank of India committee has come out against the apex bank's insistence on new lenders listing in three years, saying the clause may be detrimental to the interests of minority shareholders.
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Minors Over 10 Years Can Operate Bank Accounts: RBI
The Reserve Bank today issued the guidelines allowing minors to operate bank accounts independently with a view to promote financial inclusion and bring uniformity in opening of such accounts in banks.
-
Growth expected to improve in second half of 2013-14: RBI
Addressing a media conference, RBI Governor Dr Raghuram Rajan said he would stick with the earlier 5 per cent growth projection for the full year, with minor fluctuations in the number.
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Rupee ends up after three straight sessions of losses
The rupee eked out minor gains on Thursday, snapping three sessions of losses, but sentiment was dented after the Reserve Bank of India (RBI) chief said the bank would not defend any particular exchange rate, which dealers read as likely absence of any heavy intervention.
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Five reasons why RBI should cut interest rates
A majority of analysts expect the Reserve Bank of India (RBI) to keep the repo rate on hold on Tuesday. Of 41 analysts polled by Reuters, 37 expect the RBI to keep the policy repo rate unchanged at 8 per cent in December. However, some analysts and investors, though in a minority, have not discounted the possibility of the central bank cutting inte...
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STCI Finance acquires minority stake in Tulip Telecom
Tulip Telecom is a data telecom service and IT solutions provider.
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RBI Allows Minors Over 10 Years To Open Bank Accounts Independently
The Reserve Bank of India (RBI) is now allowing minors aged 10 years and above to open and operate savings and term deposit accounts independently.
-
RBI Governor Shaktikanta Das Hospitalised, To Be Discharged In Few Hours
Reserve Bank of India (RBI) Governor Shaktikanta Das was hospitalised in Chennai earlier in the day with a minor health issue. The RBI said he experienced acidity and was admitted to the Apollo hospital in the Tamil Nadu hospital.
-
Microsoft Power Outage Caused "Minor Disruptions" In 10 Banks: RBI
The RBI on Friday said the outage in Microsoft Services impacted 10 banks and NBFCs with minor disruptions which have either been resolved or are being resolved.
-
Bitcoin, Ether Enter July Trading Rink With Minor Losses, Majority Altcoins Stay Low on Value Marks
As per international exchanges like Binance and CoinMarketCap, Bitcoin values were around $19,101 (roughly Rs. 15.08 lakh) on Monday, July 4 after incurring small dips. Ether, Biance Coin, Polkadot, and Polygon also tumbled down the price charts, following BTC. Surprisingly, Dogecoin reeled-in gains, small but significant. Shiba Inu and other altco...
-
"Anti-Minority" Image Will Hurt Indian Companies, Warns Raghuram Rajan
Amid concerns over minorities being targeted in India, former Reserve Bank governor Raghuram Rajan on Thursday cautioned that an 'anti-minority' image for the country can lead to loss of market for Indian product.
-
DCB Bank Acquires 9% Stake In Non-Banking Financial Company 'Techfino Capital'
DCB Bank Limited, announced on Wednesday, that it acquired a minority equity stake of approximately nine per cent in NBFC 'Techfino Capital Private Limited.
-
RBI's Monetary Policy Committee Concerned On Growth, Some Flag Inflation Risks
A minority of MPC members warned that a bad monsoon could push up food prices and drive up inflation above the RBI's 4 per cent target.
-
Give Data On Credit Facility To Minorities: RBI To Banks
The Reserve Bank of India (RBI) has directed lenders to furnish data on credit assistance to minority communities on a half yearly basis to the finance ministry and the central bank.
-
Nifty Ends With Minor Gains; ONGC, RIL Rise
The Nifty edged higher on Wednesday, snapping two days of falls, as oil explorers rose after recent sharp falls, while some firms seen as sensitive to rates extended recent rallies on hopes the Reserve Bank of India (RBI) would ease policy early next year.
-
Nayak Panel Wants RBI to Let Banks Decide When to go Public
A Reserve Bank of India committee has come out against the apex bank's insistence on new lenders listing in three years, saying the clause may be detrimental to the interests of minority shareholders.
-
Minors Over 10 Years Can Operate Bank Accounts: RBI
The Reserve Bank today issued the guidelines allowing minors to operate bank accounts independently with a view to promote financial inclusion and bring uniformity in opening of such accounts in banks.
-
Growth expected to improve in second half of 2013-14: RBI
Addressing a media conference, RBI Governor Dr Raghuram Rajan said he would stick with the earlier 5 per cent growth projection for the full year, with minor fluctuations in the number.
-
Rupee ends up after three straight sessions of losses
The rupee eked out minor gains on Thursday, snapping three sessions of losses, but sentiment was dented after the Reserve Bank of India (RBI) chief said the bank would not defend any particular exchange rate, which dealers read as likely absence of any heavy intervention.
-
Five reasons why RBI should cut interest rates
A majority of analysts expect the Reserve Bank of India (RBI) to keep the repo rate on hold on Tuesday. Of 41 analysts polled by Reuters, 37 expect the RBI to keep the policy repo rate unchanged at 8 per cent in December. However, some analysts and investors, though in a minority, have not discounted the possibility of the central bank cutting inte...
-
STCI Finance acquires minority stake in Tulip Telecom
Tulip Telecom is a data telecom service and IT solutions provider.
