Latest NewsRBI cuts repo rate by 25 basis point to 6%adminAugust 2, 2017 by adminAugust 2, 20170831 The Monetary Plicy Committee (MPC) of the Reserve Bank of India at its third bimonthly policy review, reduced the short term lending rate or repo...
Latest NewsRBI has stopped printing Rs 2,000 notesadminJuly 26, 2017 by adminJuly 26, 20170810 The Reserve Bank of India (RBI) has stopped printing the Rs 2,000 currency notes and is not going to bring new notes of that denomination...
Latest NewsDisha Microfin receives final approval from RBI for small finance bankadminMay 12, 2017 by adminMay 12, 20170803 Disha Microfin has received the final license from RBI to operate as a small finance bank. The company has said in a statement that the...
Latest NewsRBI has issued new draft rules for M&AsadminApril 27, 2017 by adminApril 27, 20170942 A fresh set of regulations has been proposed by the Reserve Bank regarding mergers and acquisitions that seek reporting of such actions to be more...
Latest NewsRBI keeps the repo rate unchanged at 6.25%adminFebruary 8, 2017 by adminFebruary 8, 20170645 The Reserve Bank of India has kept the repo rate unchanged at 6.25% after reducing it twice in the current financial year. The MPC’s stance...
Latest NewsRBI has imposed Rs 3 crore penalty on Lakshmi Vilas BankadminJanuary 7, 2017 by adminJanuary 7, 20170826 The Reserve Bank of India has imposed a penalty of Rs 3 crore on Lakshmi Vilas Bank for contravention of instructions on opening and operation...
Latest NewsViral V Acharya has been appointed by RBI as Deputy GovernoradminDecember 28, 2016 by adminDecember 28, 20160724 Viral V Acharya, a professor of Economics in the Department of Finance at the New York University, has been appointed by the Government as the...
Latest NewsRBI imposes fine on 5 foreign banks for violating FEMA rulesadminDecember 22, 2016 by adminDecember 22, 20160875 The Reserve Bank of India has imposed penalty on five foreign banks which also includes Deutsche Bank and Standard Chartered Bank on account of violation...
Latest NewsRBI has kept repo rate unchanged at 6.25%adminDecember 7, 2016 by adminDecember 7, 20160800 On Wednesday, The Reserve Bank of India has kept its key lending rate (the repo rate) unchanged at 6.25 percent. The RBI Governor Urjit Patel...
Latest NewsRBI cuts lending rate by 25 bps to 6.25%adminOctober 4, 2016 by adminOctober 4, 20160692 On Tuesday, The Reserve Bank of India (RBI) has cut its repo rate by 25 basis points to 6.25 percent. The decision of the monetary...