India Forex Reserve Surges By More Than US$ 2.6 Billion!
According to the RBI’s updated data, the foreign exchange reserves of the nation increased by US$ 2.68 billion to reach $396.084 billion in the week...
Tag : RBI
Reserve Bank (RBI) Imposes Penalty On CitiBank India
Citibank India has been imposed with a penalty of Rs 3 crores by the Reserve Bank of India (RBI) due to the failure in compliance...
RBI Forms Committee On Deepening Of Digital Payments
The Reserve Bank of India has determined to formulate a high-level Committee on Deepening of Digital Payments in order to encourage digitisation of payments and...
Central Statistics Office Releases GDP Estimate For FY18-19
Central Statistics Office (CSO) has released the estimate of growth for the fiscal year 2018-19 at 7.2%, which posts a 0.5% growth as compared to...
Government Denies Halt In The Printing Of Rs 2000 Note
The ministry of finance has today denied the reports that the Reserve Bank of India (RBI) had terminated the production of Rs 2,000 currency notes....
RBI Introduces Norms For Loan Restructuring For MSMEs
The Reserve Bank of India (RBI), in order to create an enabling environment for the Micro, Small and Medium Enterprises (MSMEs), has announced the norms...
RBI Says IBC, SARFAESI Act Enabled Banks Recover More Bad Loans
According to the RBI data & report, Insolvency and Bankruptcy Code (IBC) and amendments in the Securitisation and Reconstruction of Financial Assets and Enforcement of...
Performance Report Of NGNF Companies Released By RBI
The Reserve Bank of India released the performance report of the private corporate sector during the second quarter of 2018-19 which is created by taking...
RBI Board Forms Expert Committee On Economic Capital Framework
The Reserve Bank of India has constituted an Expert Committee on Economic Capital Framework under the Chairmanship of former RBI governor Bimal Jalan. The committee...
IDFC Bank Completes Merger With NBFC Capital First
Private sector lender IDFC Bank and non-banking financial company (NBFC) Capital First has declared, on December 18, that their merger has completed. The post-merger entity,...