Monday, July 26, 2021
Tags RBI

Tag: RBI

RBI May Recoup Reserves, Strong Inflow of Foreign Funds And Benign Oil Prices Strengthening Indian Currency

A strong inflow of foreign funds and benign oil prices have strengthened the Indian currency but what has worked best for the rupee is...

RBI’s Governor Quits After Months of Pressure From The Central Government

 The Governor of India's central bank, Urjit Patel, resigned abruptly Monday after a months-long tussle over policy with the government that has raised concerns...

Say Goodbye to Heavy EMIs – Opt for Flexi Hybrid Home Loan

Flexi Hybrid Home Loan allows paying only interest as EMI Principal holiday period of 4 years The principal and interest after 4 years...

RBI To Transfer 50,000cr Surplus To The Central Government

The Reserve Bank of India (RBI) on Wednesday said that it will transfer Rs 50,000 crore as surplus to the central government for the...

PNB says no “cash shortage” in its ATMs

State-run Punjab National Bank (PNB) on Wednesday said there is no "cash shortage in its ATMs across the country. "Overall, Punjab National Bank has not...

RBI penalty not to have any material impact: IDBI Bank

State-run IDBI Bank on Thursday said a Rs 3 crore penalty imposed on it by the Reserve Bank of India (RBI) "will not have...

Raghuram Rajan: The Man Who Revolutionized The Indian Banking System

On September 5, 2013, Rajan took charge of Governor of India's central banking institution Raghuram Rajan graduated in electrical engineering from IIT Delhi ...

Government warns about Cryptocurrencies threat

Noting that virtual currencies like Bitcoin have no "intrinsic value", the Indian government on Friday sounded the alarm on the phenomenon of cryptocurrencies, comparing...

RBI maynot have been Authorised to Issue Currency Notes of Rs 2,000 and Rs 200

Mumbai, Oct 28: In what could be a bizarre situation, the Reserve Bank Of India (RBI) does not seem to have any official records...

New Rs 200 notes: It may take ATMs three months to dispense Rs 200

Reserve Bank of India (RBI) did issue a statement saying that the supply of the new Rs 200 notes would soon be ramped up The...

Police Officials in Delhi are Forcing Bankers to Deposit or Exchange their Old currency for New money

New Delhi, November 25, 2016: Bankers here say that a section of police personnel are still forcing them to deposit or exchange their old currency...

RBI Proposes Islamic Window in Banks for Gradual Introduction of Sharia Banking

New Delhi, November 20, 2016: The Reserve Bank of India (RBI) has proposed the introduction of "Islamic window" in the conventional banks for "gradual"...

To Tackle Cash Crunch, Banks in India disbursing Soiled Currency Notes, sprayed with Perfume and Insecticides

New Delhi, November 19, 2016: Battling an unprecedented cash crunch after the government spiked high-value currency notes, banks at various places have been receiving soiled...

PM Narendra Modi’s Take on Black Money: Reserve Bank of India (RBI) to launch new Rs 500 and Rs 2,000 Notes from November 10

New Delhi, November 8, 2016: Expressing concern over the circulation of fake currency notes, Reserve Bank of India Governor Urjit Patel on Tuesday said...

BJP MP Subramanian Swamy to Focus on Ram temple and Herald case

New Delhi, July 1 - Virtually reprimanded by Prime Minister Narendra Modi over his attacks on the RBI Governor and other officers, BJP MP...

Fear Of Economic Volatility Raises as RBI Governor Decides To Resign

India is now the world’s fastest-growing major economy Raghuram Rajan helped stabilize India’s currency when the rupee was plunging and inflation was raging Praising...

Islamic Banking in India- a Wrong precedence with dangerous consequences

Amit Srivastava As the year 2016 began,the decision to allow Islamic Banking was cleared up by the Reserve Bank of India. Reason: To honor the...

Raghuram Rajan assures India’s economic reforms are in right direction

Davos: Referring to some of the obsolete regulations that are currently in place, RBI Governor Raghuram Rajan said, “Economic reforms in India are going...

PM Modi launches three gold-related schemes

According to the World Gold Council, an estimated 22,000-23,000 tonnes of gold is lying idle with households and institutions in India. The annual imports amount to around 850-1,000 tonnes valued at $35-$45 billion.

India’s Forex reserves rise to $353 billion: RBI

Mumbai: A strengthening rupee, buoyant equity markets coupled with a fall in dollar value boosted India's Forex reserves by $2.26 billion, experts said on Saturday. Overall,...

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“Save the Tiger” Campaign Must Inspire And Spread Awareness”

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