Bank of Baroda-Vijaya Bank-Dena Bank Challenged In High Court
The proposed merger of three Public Sector Banks (PSBs), Bank of Baroda-Vijaya Bank-Dena Bank, has been challenged in the Delhi High Court. A petition has...
Tag : RBI
Retail Inflation Reaches An 18-Month Low In December
The inflation based on the Consumer Price Index (CPI) in the month of December 2018, has reached an 18-month low at 2.19 per cent. The...
Yes Bank Appoints Former IAS As Non-Executive Part-Time Chairman
Yes Bank, the fourth largest private sector bank in India has announced the appointment of Mr Brahm Dutt as Non-Executive Part-Time Chairman of the Board....
India Forex Reserve Surges By More Than US$ 2.6 Billion!
According to the RBI’s updated data, the foreign exchange reserves of the nation increased by US$ 2.68 billion to reach $396.084 billion in the week...
Reserve Bank (RBI) Imposes Penalty On CitiBank India
Citibank India has been imposed with a penalty of Rs 3 crores by the Reserve Bank of India (RBI) due to the failure in compliance...
RBI Forms Committee On Deepening Of Digital Payments
The Reserve Bank of India has determined to formulate a high-level Committee on Deepening of Digital Payments in order to encourage digitisation of payments and...
Central Statistics Office Releases GDP Estimate For FY18-19
Central Statistics Office (CSO) has released the estimate of growth for the fiscal year 2018-19 at 7.2%, which posts a 0.5% growth as compared to...
Government Denies Halt In The Printing Of Rs 2000 Note
The ministry of finance has today denied the reports that the Reserve Bank of India (RBI) had terminated the production of Rs 2,000 currency notes....
RBI Introduces Norms For Loan Restructuring For MSMEs
The Reserve Bank of India (RBI), in order to create an enabling environment for the Micro, Small and Medium Enterprises (MSMEs), has announced the norms...
RBI Says IBC, SARFAESI Act Enabled Banks Recover More Bad Loans
According to the RBI data & report, Insolvency and Bankruptcy Code (IBC) and amendments in the Securitisation and Reconstruction of Financial Assets and Enforcement of...