RBI approves a dividend of Rs 2.11 lakh cr to Centre, an increase of 141% YoY
May 22, 2024, at 10:43 pm
Mumbai: The Reserve Bank of India on Wednesday approved a dividend of Rs 2.11 lakh crore for the Central government for FY24, a significant increase of around 141 percent compared to FY23.
RBI permits SPDs to borrow in foreign currency
May 04, 2024, at 05:40 am
Mumbai: The Reserve Bank of India (RBI) on Friday granted standalone primary dealers (SPDs) permission to borrow in foreign currency from their parent companies and authorised entities.
RBI cracks whip on peer-to-peer lenders over violation of rules and misselling: Report
Dec 06, 2023, at 07:42 am
Mumbai: The Reserve Bank of India has instructed peer-to-peer lending platforms to halt certain activities after inspections revealed violations of rules and deceptive sales practices, Reuters reported.
RBI allows banks to continue giving credit to NBFCs for on-lending to priority sector
May 14, 2022, at 07:57 pm
Reserve Bank has asked banks as well as small finance banks (SFBs) to continue lending to the NBFCs for the purpose of on-lending to certain priority sectors.
Dollar swap to help RBI manage balance sheet
Feb 24, 2022, at 03:45 am
Mumbai: The Reserve Bank of India’s $5 billion two-year sell/buy swap is a positive step in improving its position in multiple ways, according to analysts.
RBI keeps repo rate unchaged at 6.5, Rupee goes lowest to breach 74
Oct 05, 2018, at 03:34 pm
Mumbai, Oct 5 (IBNS) :The Reserve Bank of India (RBI) on Friday kept the repo rate (key lending rate) unchanged at 6.5 per cent while, maintaining its steady plummeting rate, rupee breached the 74-mark against US dollar for the first time.
RBI soon to issue new 100-rupee notes in lavender colour
Jul 19, 2018, at 03:55 pm
Mumbai, July 19 (IBNS): The Reserve Bank of India will shortly issue Rs 100 - Rupee banknotes in the Mahatma Gandhi (New) Series.
There is sufficient supply of notes, don't panic : RBI assures people
Nov 17, 2016, at 10:54 pm
Mumbai, Nov 17 (IBNS) : Assuring that there is a sufficient supply of notes, the Reserve Bank of India on Thursday urged the people not to panic and hoard currencies.