Rupee Dips 12 Paise on Rising Crude to Rs 68.92/$
Tracking heavy losses in the domestic equity market, on Monday, the rupee depreciated 12 paise to close at Rs 68.92 against the dollar. This was...
Tag : Reserve Bank Of India
Board Approves Fund Raising to Rs 18,000 crores: Axis Bank
Axis Bank looks forward to raising Rs 18,000 crore as board approves raising funds through issue of equity shares, convertible securities or depository receipts. In...
NBFC Shares Surges as RBI Provided More Power
After the finance minister Nirmala Sitharaman stated in the Union Budget that the government will give more power to Reserve Bank of India (RBI) to...
Reserve Bank Fines 36 Banks For SWIFT Non-Compliance
The Reserve Bank Of India said it has charged penalties on 36 public, private and foreign bank domains for non-compliance with different implementation and hardening...
RBI Notifies Bank Regarding 2% Subsidy For Short-Term Crop Loans
The bank norms have been notified by the Reserve Bank of India (RBI) with regards to interest subvention or subsidy of two per cent for...
Five More Banks Fined By The Reserve Bank (RBI)
Reserve Bank of India fines four more banks for non-compliance with various guidelines. The banks were penalized by RBI for not sharing the transaction report...
Bank Of Baroda Cuts Its Lending Rate By 10 Basis Points
Bank of Baroda has reduced its lending rate by 0.1 percentage points, the bank made this move to make the home, auto and other loans...
RBI Imposes Fine Over Yes Bank Due To Non-Compliance
The Reserve Bank of India has imposed a penalty of Rs. 1 crore on the Yes Bank Limited, due to the non-compliance of directions on...
Indian Companies External Borrowings Declines Sharply
According to the latest data from Reserve Bank of India, Indian companies’ external commercial borrowings posted a 45 per cent drop to US$ 2.42 billion...
Union Government To Infuse More Than Rs. 48,200 Crores In 12 PSBs
The government, on Wednesday, has announced to infuse Rs. 48,239 crores into 12 public sector banks in 2018-19 in order to help them meet capital...