RBI Needs Longer Policy Support for Economic Recovery
The Reserve Bank of India (RBI) said that policy support is required to maintain India’s recovery. Earlier this month, The Reserve Bank of India’s (RBI)...
Tag : Reserve Bank of India (RBI)
RBI Forces Rs 1 Crore Penalty on SBI
The Reserve Bank of India (RBI) on Monday forced a monetary penalty of Rs 1 crore on the State Bank of India (SBI) for non-compliance...
RBI Retains Advisory Committee on Srei Group Companies
The Reserve Bank of India (RBI) has retained the Advisory CommÂittee to advise the AdminÂistrator in the operations of the Srei Infrastructure Finance Ltd (SIFL)and...
RBI Extends Liquidity Facility for Small Finance Banks
The Reserve Bank of India (RBI) has increased Rs 10,000 crore on tap liquidity facility for small finance banks till December 31, 2021. Before the...
RBI Imposed Monetary Penalty on J&K State Co-operative Bank
The Reserve Bank of India (RBI) forced a monetary penalty of Rs 11 lakhs on the Jammu & Kashmir State Co-operative Bank Ltd, Srinagar, for...
UCO Bank Zooms 16% on Heavy Volume
UCO Bank zoomed 16 per cent to Rs 14.85 apiece in the intra-day deals on Thursday after the Reserve Bank of India (RBI) removed the...
RBI Imposes Penalty on Bombay Mercantile Co-operative Bank
The Reserve Bank of India (RBI) on Friday said it had imposed a penalty of Rs 50 lakh on Bombay Mercantile Co-operative Bank, Mumbai, for...
Ajay Kumar Appointed as New RBI ED
The Reserve Bank of India (RBI) has selected Ajay Kumar as its Executive Director (ED). Kumar will manage the areas of currency management, foreign exchange...
RBI Removes Ban on HDFC Bank After Months
The Reserve Bank of India (RBI) removed the technology ban on HDFC Bank after nine months. RBI has permitted the bank to issue new credit...
India’s GDP Growth in Q1FY22 Observed at 14.2%-23.3%
The Indian economy rose 19-20 per cent in the first quarter this fiscal. The total-year gross domestic product (GDP) is estimated to grow 7.9-9.6 per...