RBI has imposed Rs 5 crore penalty on Bank of Baroda
A penalty of Rs 5 crore has been imposed on Bank of Baroda by the Reserve Bank of India in the alleged Rs 6000 crore...
Tag : RBI
RBI keeps repo rate unchanged at 6.50%, CRR unchanged at 4%
The Reserve Bank of India, in line with expectations, has kept the rates unchanged at its policy review. The repo rate now stands at 6.5%,...
RBI cuts repo rate by 25 bps to 6.50, CRR unchanged at 4%
The Reserve Bank of India (RBI), at the first bi-monthly monetary policy meeting of the fiscal year, cuts its policy repo rate by 25 basis...
RBI allows full stake purchase by foreign investors in Vertex
The Reserve Bank of India has accorded its permission to the foreign investors for buying up to 100 percent stake in Vertex Securities under the...
RBI keeps repo rate unchanged at 6.75%
The Reserve Bank of India has kept the key repo rate unchanged at 6.75% at the first bi-monthly monetary policy of 2016 that has been...
RBI permits NRIs to invest up to 24% in TV Today Network
The Reserve Bank of India has provided its consent to Non Resident Indians (NRIs) for investing up to 24 percent in TV Today Networks under...
RBI permits up to 74% foreign investment in DEN Networks
The Reserve Bank of India has given its approval to foreign investors to raise their stake up to 74 percent in DEN Networks. RBI said...
RBI cuts Repo Rate by 50bps at 6.75%, keeps CRR unchanged at 4%
The Reserve Bank of India (RBI) has reduced the repo rate by 50 basis points to 6.75 percent. It has kept the CRR unchanged at...
RBI has cancelled Sahara India’s para banking license
The Reserve Bank of India has cancelled the license of the holding company, Sahara India Financial Corporation Limited, said an official on Tuesday. The action...
New Rs 1,000 notes to come soon with more security features
New Rs 1,000 notes would be issued soon by the Reserve Bank of India with the enhanced security features. According to RBI officials the objective...