Reserve Bank Of India
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RBI JE Recruitment 2021: Over 40 vacancies up for grabs! Direct link to apply
February 02, 2021 17:53 ISTRBI JE Recruitment 2021: Interested and eligible candidates can apply for the mentioned posts online at rbi.gov.in on or before February 15.
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RBI appoints external firm to audit HDFC Bank's IT infra in view of service outages
Business | February 02, 2021 10:55 ISTHDFC Bank on Tuesday said the Reserve Bank of India (RBI) has appointed an external IT firm for carrying out a special audit of its IT infrastructure in the aftermath of repeated service outages at the country's largest private sector lender over the past two years.
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Bank Holidays February 2021: Banks to remain closed on THESE days | Check state-wise list
Business | January 31, 2021 12:52 ISTHowever, in this month, there is no national holiday on which banks across the country will remain closed. Several occasions like Chhatrapati Shivaji Maharaj Jayanti, Md Hazrat Ali birth anniversary, Basant Panchami, etc will be celebrated in the month of February
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Budget 2021: Centre lists bill to ban cryptocurrencies in India, create official digital currency
Business | January 30, 2021 13:05 ISTThe new bill has been titled as ‘The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021’. The Centre is looking towards the introduction, consideration, and passing of this bill.
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India within striking distance of attaining positive growth: RBI
Business | January 22, 2021 12:39 ISTIndia's GDP is within the striking distance of attaining positive growth, the Reserve Bank said observing that the letter "V" in the V-shaped recovery stands for the vaccine.
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Equity indices flat as banking, financial scrips shed gains
News | December 30, 2020 12:50 ISTEquity benchmark indices were flat during early hours on Dec 30 as traders booked profits on banking and financial counters.
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Indian economy recovering fast, growth to turn positive in Q3: RBI
Business | December 25, 2020 10:54 ISTImpacted by the coronavirus pandemic, the Indian economy dipped by a historic 23.9 per cent in the first quarter of the current financial year. The contraction narrowed down to 7.5 per cent in the second quarter.
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RBI cancels licence of THIS Maharashtra bank
Business | December 24, 2020 20:37 ISTThe bank had breached the minimum net worth requirement for two quarters in the financial year 2019-20, the RBI said in a statement.
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Indian economy reviving at unforeseen pace: RBI
Business | December 24, 2020 13:22 ISTThe monthly bulletin of the central bank for December said the more evidence has emerged since the last bulletin which shows that the Indian economy is coming out of the Covid-induced slowdown.
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RBI unlikely to cut rates in 2021: Here's why
Business | December 18, 2020 19:28 ISTRetail inflation has peaked in the country but is unlikely to come down enough for the Reserve Bank to make rate cuts in the whole of 2021, Japanese brokerage Nomura said on Friday.
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RBI imposes Rs 50 lakh penalty on an urban co-operative bank in Kerala
Business | December 15, 2020 22:42 ISTA notice was issued to the bank asking why penalty should not be imposed for non-compliance with the directions issued by RBI.
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Fund Transfer: RTGS to be made available 24X7 in next few days, says RBI Governor
Business | December 04, 2020 13:18 ISTCurrently, RTGS is available for customers from 7.00 am to 6.00 pm on all working days of a week, except second and fourth Saturdays of every month.
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After Lakshmi Vilas Bank, RBI imposes withdrawal limit on THIS bank
Business | November 18, 2020 11:02 ISTThe RBI, in a release, said it has issued certain directions to Mantha Urban Cooperative Bank, Mantha District Jalna, Maharashtra, from the close of business on November 17, 2020.
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Lakshmi Vilas Bank shareholders not to get anything, key managerial personnel may lose job
Business | November 18, 2020 8:36 ISTAs per the draft amalgamation scheme, the RBI has said on and from the appointed date, the entire amount of the paid-up share capital and reserves and surplus, including the balances in the share/securities premium account of the transferor bank (LVB), shall stand written off.
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Loan moratorium: RBI urges SC to lift interim order banning declaration of NPAs
Business | November 05, 2020 13:34 ISTIn a relief to stressed borrowers who are facing hardships due to the impact of COVID-19 pandemic, the apex court had passed the interim order on September 3.
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Bank of Baroda rolls back cash deposits, withdrawals charges after public outcry
Business | November 04, 2020 10:57 ISTBank of Baroda had made certain changes with effect from November 1, 2020, with regard to the number of free cash deposits and withdrawals per month. Opposition political parties had also protested against the move.
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Asked banks to pay difference in interest to borrowers: RBI to SC
Business | November 01, 2020 20:56 ISTThe RBI has informed the Supreme Court that it has asked the banks, and financial institutions as well as the non-banking financial institutions to take "necessary actions" to credit the accounts of eligible borrowers, by November 5, with the difference between compound and simple interest collected on loans of up to Rs 2 crore during the moratorium scheme.
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RBI notifies interest waiver scheme on moratorium loans, directs banks, NBFCs to comply
Business | October 27, 2020 13:21 ISTIn a notification, RBI said: "All lending institutions are advised to be guided by the provisions of the Scheme and take necessary action within the stipulated timeline."
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RBI to move to next generation treasury application for managing forex, gold reserves
Business | October 11, 2020 14:31 ISTThe NGTA, according to the RBI, would be a web-based application providing scalability, maneuverability and flexibility to introduce new products and securities, besides supporting multi-currency transactions and settlements.
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Not possible to extend loan moratorium period: Centre tells SC
India | October 10, 2020 11:18 ISTIn an affidavit before the Supreme Court, the Reserve Bank of India has said it would not be possible to grant more time as relief for sectors hit by the coronavirus pandemic.
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