RBI receives bomb threat in Russian language, case filed
Dec 13, 2024, at 11:31 am
Mumbai/IBNS: The Reserve Bank of India (RBI) on Friday received a bomb threat in the Russian language, in a second such incident within less than a month's time, media reports said.
RBI Governor Shaktikanta Das hospitalised in Chennai with minor health issues
Nov 26, 2024, at 04:19 pm
Chennai/IBNS: Reserve Bank of India (RBI) Governor Shaktikanta Das has been hospitalised with minor health issues, media reports said.
It's too early to talk on interest rate cut: RBI Governor
Jul 12, 2024, at 06:32 pm
New Delhi/IBNS: Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), on Thursday (July 11) said it is too early to talk on the interest rate cut due to the uncertain economic environment and inflation remaining closed to 5 percent.
RBI receives bomb threat mail, sender demands FM Nirmala Sitharaman's resignation
Dec 27, 2023, at 06:06 pm
Mumbai/IBNS: The Reserve Bank of India (RBI) on Tuesday received a bomb threat mail, whose sender had demanded the resignations of Union Finance Minister Nirmala Sitharaman and RBI Governor Shaktikanta Das, media reports said.
RBI maintains status quo, keeps repo rate unchanged at 6.5%
Oct 06, 2023, at 04:46 pm
New Delhi/UNI: As widely expected by economists and market-watchers, the Reserve Bank of India (RBI)'s Monetary Policy Committee (MPC) on Friday decided to keep the policy repo rate unchanged at 6.50%.
SC refuses urgent hearing of plea challenging RBI's exchanging Rs 2,000 notes without any ID proof
Jun 01, 2023, at 06:00 pm
New Delhi/UNI: The Supreme Court's vacation bench on Thursday refused to entertain the appeal filed by lawyer Ashwini Kumar Upadhyay seeking an urgent hearing of his petition challenging the RBI's permission (order) for exchanging Rs 2,000 currency notes without any identity proof.
Congress slams PM Modi over RBI's decision to withdraw Rs 2000 notes
May 20, 2023, at 02:50 am
New Delhi/IBNS: The Congress on Friday slammed Prime Minister Narendra Modi over the Reserve Bank of India's decision to withdraw Rs 2,000 denomination banknotes from circulation.
SC reserves order on pleas challenging demonetisation of Rs 500 and 1000 notes
Dec 08, 2022, at 05:29 am
New Delhi/UNI: The Supreme Court on Wednesday reserved judgement on various petitions challenging 2016's decision of the central government to demonetise the old notes of Rs. 500 and Rs. 1000.
Jul 18, 2022, at 08:12 pm
Bali: Reserve Bank of India (RBI) and the Bank Indonesia (BI) signed a Memorandum of Understanding (MoU) on Saturday in Bali, Indonesia, on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting to improve mutual cooperation between the two central banks.
RBI may not resort to harsh measures to control rising inflation: RBI Deputy Governor Michael Patra
Jun 26, 2022, at 05:04 pm
The retail inflation in the country is showing signs of rising but the RBI's measures to control the price rises wouldn't be as harsh as seen elsewhere, RBI Deputy Governor has said, according to media reports.
RBI imposes Rs 10 cr penalty on HDFC Bank
May 29, 2021, at 06:05 am
Mumbai/IBNS: The Reserve Bank of India (RBI) has imposed a penalty of Rs 10 crore on HDFC Bank after finding deficiencies in regulatory compliance by the bank's auto loan department
Sensex spurts by 424.11 pts during the week
May 08, 2021, at 10:01 pm
Mumbai/UNI: The BSE Sensex gained 424.11 points or 0.87 pc at 49,206.47 in a week, as robust corporate results and positive global cues propped up risk appetite despite the COVID-19 overhang.
Delhi HC directs SBI, RBI to maintain status quo on accounts of Anil Ambani's 3 companies
Jan 06, 2021, at 11:11 pm
New Delhi/UNI: The Delhi High Court on Wednesday asked the State Bank of India (SBI) and the Reserve Bank of India (RBI) to maintain status quo in the accounts of three Anil Ambani-led Reliance Group entities--Reliance Communications (RCom), Reliance Telecom (RTL) and Reliance Infratel.
App based loan app scam surfaces; RBI cautions
Dec 25, 2020, at 06:11 am
Hyderabad/IBNS: The Hyderabad Police has busted a multi-crore money lending scam, run through multiple apps, which charged its targets up to 35 per cent interest and allegedly accumulated Rs 423 crore in 75 banks, which were seized for investigation.
RBI puts Lakshmi Vilas Bank on moratorium
Nov 18, 2020, at 03:24 am
New Delhi/IBNS: The Reserve Bank of India has put Tamil Nadu based Lakshmi Vilas Bank on moratorium for a month and restricted the withdrawals to Rs 25,000 during the period, the finance ministry said in a statement.
RBI Governor Shaktikanta Das tests COVID-19 positive
Oct 26, 2020, at 12:24 am
New Delhi: Reserve Bank of India Governor Shaktikanta Das on Sunday said he has tested positive for COVID-19.
Supreme Court allows two more weeks to Centre and RBI to decide on loan moratorium
Sep 10, 2020, at 10:34 pm
New Delhi/IBNS: The Supreme Court on Thursday gave the Centre two weeks more to come up with a "concrete plan" to ease the burden of EMI on borrowers using an optional moratorium on repayment of loans, said media reports.
'Don't hide behind RBI': SC raps Centre over inaction on loan moratorium interest waivers
Aug 29, 2020, at 04:57 am
New Delhi/IBNS: The Supreme Court on Friday rebuked the government for not actively addressing the issue of interest accrual during the six-month loan moratorium period, said media reports.
Supreme Court rebukes Centre on loan repayment interest, asks govt to take 'clear stand'
Aug 26, 2020, at 07:02 pm
New Delhi/IBNS: The Supreme Court on Wednesday asked the central government to take a clear stand on the waiving of interest on loan repayment during the moratorium period, media reports said.
RBI confirmed that govt needs to spend more: Rahul Gandhi
Aug 26, 2020, at 05:35 pm
New Delhi/UNI: Attacking the NDA government on the report by the Reserve Bank of India that economic recovery is likely to take longer, Congress leader Rahul Gandhi on Wednesday said that the RBI has only confirmed that he had been warning for several months.
SC grants 3 days to FM, RBI to decide on moratorium period interest
Jun 12, 2020, at 06:32 pm
New Delhi/UNI: The Supreme Court on Friday asked the Finance Ministry and RBI officials to hold a joint meeting within three days to decide whether interest incurred on EMIs during the moratorium period can be charged by banks or not.
India plans for staggered exit from lockdown resuming economic activities in Covid-free zones
Apr 27, 2020, at 04:19 pm
New Delhi/IBNS: India, the country of 1.3 billion people, is likely to witness a partial resumption of economic activities post May 3 as the Narendra Modi government has hinted at a staggered exit from the nationwide anti-Covid-19 lockdown.
RBI's step will enhance liquidity and improve credit supply: Narendra Modi
Apr 17, 2020, at 03:24 pm
New Delhi/IBNS: Indian PM Narendra Modi on Friday appreciated the steps announced by Reserve Bank of India Governor Shaktikanta Das to tackle the current economic situation of the nation following COVID-19 outbreak and said it will 'enhance liquidity and improve credit supply'.
RBI took giant steps to safeguard economy from COVID-19 impact: PM Modi
Mar 27, 2020, at 12:43 pm
New Delhi/IBNS: Prime Minister Narendra Modi on Friday lauded the Reserve Bank of India (RBI) for slashing the repo rate by 75 basis points saying the central bank took giant steps to safeguard the Indian economy from the impact of COVID-19.
After Yes Bank founder Rana Kapoor's arrest, ED stops his daughter at Mumbai Airport
Mar 09, 2020, at 12:03 am
New Delhi/IBNS: The Enforcement Directorate on Sunday stopped arrested Yes Bank founder Rana Kapoor's daughter Roshni from going to London, media reports said.
Mar 06, 2020, at 01:17 pm
New Delhi/UNI: Responding to the government's decision to put a moratorium on the limit of withdrawals from the Yes Bank till April 3, senior Congress leader and former Finance Minister P Chidambaram on Friday said that the ability of the BJP government to govern and regulate financial institutions have been exposed.
Modi and his ideas destroyed India's economy: Rahul Gandhi on Yes Bank crisis
Mar 06, 2020, at 12:24 pm
New Delhi/IBNS: Targetting the government over the crisis in Yes Bank, Congress MP Rahul Gandhi on Friday said Prime Minister Narendra Modi and his ideas had destroyed the economy of the country.
Supreme Court quashes RBI's 2018 ban on cryptocurrency
Mar 04, 2020, at 11:46 am
New Delhi/IBNS: The Supreme Court on Wednesday ended the Reserve Bank of India (RBI)'s 2018 ban on banks from dealing in virtual currencies like cryptocurrency, media reports said.
Structural reforms, fiscal measures needed to push demand, boost growth: RBI Governor
Jan 24, 2020, at 11:42 pm
New Delhi/UNI: Reserve Bank of India Governor Shaktikanta Das on Friday said structural reforms and fiscal measures have to be continued to provide a push to demand and boost growth.
New Delhi: PMC Bank customers protest against RBIÂ
Nov 06, 2019, at 04:41 pm
New Delhi, Nov 6 (UNI) The Punjab and Maharashtra Cooperative (PMC) Bank customers on Wednesday took out a protest march against the Reserve bank of India in the National capital.