"reserve-bank-of-india"

The very purpose of nationalisation in India — serving the unbanked and under-banked — is yet to be achieved and financial inclusion cannot afford the luxury of complete privatisation

The applicant should not be below the rank of a Chief General Manager of the Reserve Bank of India or equivalent thereto in other financial institutions or regulatory bodies, it said.

Amid the pandemic, the credit offtake in banking system remained muted, which led to lesser issuances of certificates of deposits (CDs).

The issue price of the Bond during the subscription period shall be Rs 4,662 per gram.

The country adopted the FIT framework in 2016, and the next review of the inflation target is due before March 31, 2021

Shah also mentioned that the council along with the government is engaging with stakeholders like Postal services

The 22-year-old paddler is elated at the maiden national medal.

The issuance would however be subject to the approval of regulatory or statutory authorities including the Reserve Bank of India

Speaking on the occasion, Shankaram informed that Khammam district was selected on a pilot project basis to achieve 100 digitalisation of banking services

This is because the Reserve Bank of India (RBI) has made it mandatory that every bank should accept soiled, mutilated and any damaged currency note without charging any fee

The lender also said it has waived the processing fee till March for borrowers availing home loans for the bank's approved projects

The minister said the government announced a special economic and comprehensive package under AatmaNirbhar Bharat including measures taken by RBI

The projection is in line with the estimates in the Union Budget 2021-22 presented in Parliament earlier this week.

To help banks tide over the disruption caused by COVID-19, the CRR of all banks was reduced by 100 basis points to 3.0 per cent of net demand and time liabilities (NDTL)

Concerns have been raised about the law, which seeks to "protect and relieve" economically vulnerable groups from usurious interest rates and coercive recovery means

RBI Governor Shaktikanta Das said the growth outlook has improved significantly and the vaccination drive will help the economic rebound.

The six-member MPC headed by RBI Governor Shaktikanta Das has started its deliberations.

The development follows recent outage in the bank's internet banking and payment system on November 21, 2020 due to a power failure in the primary data centre.  

While one can take comfort in IMF’s praise for India’s “very decisive” steps to deal with the pandemic, several challenges need to be overcome

Pension scheme for cooperative bank staff, assures NAFSCOB chief