The Reserve Bank of India intervened in the foreign exchange market this week to curb speculation in the rupee, according to a person familiar with the central bank’s thinking, surprising ...
While this should not be seen as a cancellation of banking license by RBI, nervous customers gathered outside the bank branches with the hope of withdrawing their hard-earned money. Many customers ...
A penalty of ₹61.40 lakh was imposed on Nainital Bank Ltd for non-compliance with certain directions on ‘Interest Rate on Advances’ and ‘Customer Service in Banks,’ RBI said in a statement.
The Reserve Bank of India (RBI) has imposed strict restrictions on New India Co-operative Bank in Mumbai, citing supervisory concerns over its financial position. As per the restrictions which are ...
The Indian central bank's unexpected and decisive intervention in the foreign exchange markets over the past two days, worth ...
The Indian rupee logged its biggest weekly rise against the dollar in seven months, lifted by the central bank's heavy ...
Manish M. Suvarna is Senior Correspondent at Moneycontrol. He writes on the Indian money markets, RBI, Banks and NBFCs. He tweets at @manishsuvarna15. Contact: [email protected] Advisory ...
With the RBI's recent repo rate cut, we may expect lower lending rates for retail loans such as home loans and vehicle loans. However, it usually takes some time for customers to see these ...
The Reserve Bank of India will step up its liquidity infusion and inject over $16 billion next week into the banking system, which will see large outflows owing to tax payments. The RBI has ...
The Reserve Bank of India launched RBIDATA, a mobile app offering over 11,000 series of economic data. The app features ...
Jeremiah Dean hit a 1-0 pitch in the bottom of the seventh inning for a walk-off solo homer to give Providence Christian a 2-1 win over Pike Liberal Arts.
The Reserve Bank of India has constituted a Committee of Advisors to assist the administrator, comprising Ravindra Sapra, former General Manager at SBI, and Abhijeet Deshmukh, a Chartered Accountant.