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RESERVE BANK NEWS IN ENGLISH

  • rbi has no intension to stop teaser loans gokarn

    RBI Has No Intension To Stop Teaser Loans: Gokarn

    September 07, 2011 21:48 IST

    Mumbai, Sep 7: Reserve Bank Deputy Governor Subir Gokarn today said the central bank has no plan to ban teaser loans but warned that any such product will attract 2 percent additional provisioning.“There is no

  • loans to be costlier rbi hikes repo rate by 0.25 pc

    Loans To Be Costlier, RBI Hikes Repo Rate By 0.25 PC

    June 16, 2011 16:09 IST

    Mumbai, June 16 :  Continuing its efforts to check price rise, the Reserve Bank today raised key short-term lending and borrowing rates by 25 basis points for the 10th time since March, 2010, a move

  • banks must reimburse failed atm transactions within 7 days

    Banks Must Reimburse Failed ATM Transactions Within 7 Days: RBI

    India | May 27, 2011 16:39 IST

    Mumbai, May 27: The Reserve Bank today directed banks to reimburse customers for amounts wrongfully debited from their accounts in failed ATM transactions within seven days of an account holder's complaint or else pay a

  • rbi raises key rates fm says may impact short term growth

    RBI Raises Key Rates; FM Says May Impact Short-Term Growth

    India | November 02, 2010 20:06 IST

    Mumbai, Nov 2: Hardening its stance on inflation, RBI today raised some key policy rates prompting Finance Minister Pranab Mukherjee to caution that it could have some short-term negative impact on growth. The apex bank

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