HDFC Bank Retracts Advisory on Cryptocurrency
HDFC Bank has asked its customers to ignore its previous warning on cryptocurrency transactions. The warning had earlier quoted a circular by the Reserve Bank...
Tag : Reserve Bank Of India
Gold Prices Jump to Near 4-Month High
Gold and silver prices today edged higher in Indian markets, tracking positive global cues. On MCX, gold rose 0.24per cent to near four-month high of...
Indian Retail Inflation Likely to Drag Three-Month Low in April
Indian retail inflation likely eased to a three-month low in April on softening prices for vegetables and other perishable foods, a Reuters poll suggested, bringing...
RBI Governor Das to Make Unscheduled Speech
Indian markets opened nearly 0.7 per cent higher but soon erased half of its gains ahead of Reserve Bank of India’s governor Shaktikanta Das unscheduled...
Retail Inflation Likely Rose in March But Stayed Within Target
India’s retail inflation edged up to a four-month high in March, led by an increase in food and fuel prices, but remained within the Reserve...
Public Sector Banks Jump Upto 10%
Shares of four public sector banks i.e., Indian Overseas Bank, Bank of India, Central Bank of India and UCO Bank rose up to 10 per...
RBI in Discussion With Govt Regarding Privatisation, Says Governor
RBI governor Shaktikanta Das on Thursday said that the central bank is discussing privatisation of public sector banks (PSBs) with the government and the process...
Cash-Strapped States Threaten India’s Double-Digit Growth Goal
Prime Minister Narendra Modi’s plan to boost capital expenditure to help India regain the fastest-growing major economy title risks being derailed by the nation’s cash-strapped...
RBI To Include NBFCs Under Long-Term Operations
The Reserve Bank of India will allow banks to extend credit to non-banking finance companies under the targeted long-term repo operations scheme. RBI Governor Shaktikanta Das announced...
RBI Imposes Rs 2 Cr Penalty on Standard Chartered Bank
The Reserve Bank on Thursday imposed a penalty of Rs 2 crore on Standard Chartered Bank India for delays in reporting of frauds to it.The monetary penalty...