RBI keeps the repo rate unchanged at 6.25%
The Reserve Bank of India has kept the repo rate unchanged at 6.25% after reducing it twice in the current financial year. The MPC’s stance...
Tag : RBI
RBI has imposed Rs 3 crore penalty on Lakshmi Vilas Bank
The Reserve Bank of India has imposed a penalty of Rs 3 crore on Lakshmi Vilas Bank for contravention of instructions on opening and operation...
Viral V Acharya has been appointed by RBI as Deputy Governor
Viral V Acharya, a professor of Economics in the Department of Finance at the New York University, has been appointed by the Government as the...
RBI imposes fine on 5 foreign banks for violating FEMA rules
The Reserve Bank of India has imposed penalty on five foreign banks which also includes Deutsche Bank and Standard Chartered Bank on account of violation...
RBI has kept repo rate unchanged at 6.25%
On Wednesday, The Reserve Bank of India has kept its key lending rate (the repo rate) unchanged at 6.25 percent. The RBI Governor Urjit Patel...
RBI cuts lending rate by 25 bps to 6.25%
On Tuesday, The Reserve Bank of India (RBI) has cut its repo rate by 25 basis points to 6.25 percent. The decision of the monetary...
RBI has allowed 100% foreign investment in CG Consumer Electricals
The Reserve Bank of India has provided its approval to the foreign investors for buying up to 100 percent in Crompton Greaves Consumer Electricals Ltd....
RBI has imposed penalties on four co-operative banks
Penalties of up to Rs 5 lakh has been imposed by the Reserve Bank of India on four cooperative banks for violation of various norms....
RBI keeps repo rate unchanged at 6.50% and CRR at 4%
On Tuesday, Raghuram Rajan at his final policy review meeting as RBI governor, left the interest rates unchanged. The repurchase or repo rate has been...
RBI has allowed foreign investors to hike stake in HPCL
The Reserve Bank of India has provided its permission to the foreign investors for increasing their stake in Hindustan Petroleum Corp to up to 40...