Bank Cheque Clearing Process to Get Quicker
The Reserve Bank said that the Cheque Truncation System (CTS), which is currently operational at the major clearing houses of the country, will be made...
Tag : Reserve Bank Of India
RBI Policy: Rates Unchanged, Scope for Future Policy Action
The Monetary Policy Committee of the Reserve Bank of India on Thursday left policy rates unchanged for the second time, citing evolving growth-inflation dynamics. All...
Government Braces For Rs 50K Crore Disinvestment Shortfall
The government is unlikely to complete the privatization of Air India Ltd, Bharat Petroleum Corp. Ltd (BPCL) and container Corp. of India Ltd (Concor) by...
PMC Banks: RBI Raises Withdrawal Limit Up to Rs 10,000
In a relief for Punjab & Maharashtra Cooperative (PMC) Bank customers, the Reserve Bank of India today increased the withdrawal limit from Rs 1,000 to...
Yes Bank Assures Investors Amid Stake Sale by Promoter
On Friday, Yes Bank Ltd assured investors that the bank’s financial position was stable, despite the stake sale by one of its promoter entity Morgan...
Rupee Strengthens in Opening Trade on US-China Trade Talks
The Indian rupee has strengthened slightly against dollar tracking gains among its Asian peers as traders assess the latest remarks from the US on trade...
Indian Companies Worried About Funding, Says RBI Survey
The industrial survey conducted by the Reserve Bank of India (RBI) throws some light on why Indian businessmen worried about the future and what are they...
After Hitting High Record, Gold Prices Fall Today
Despite, gold being a precious metal, it is seeing a sharp rally this year, many analysts remain bullish. In Indian markets, jewellers have reported a surge in...
Indian Equities May Extend Losses; US Bonds Near Low Records
On Thursday, the Indian stock market is under pressure. On these day Asian shares braced for more volatility as eye-catching easing by central banks stoked...
SBI Reduces Key Lending Rates, Home Loans to Get Cheaper
The development comes after Reserve Bank of India’s Monetary Policy Committee (MPC) delivered its fourth repo rate cut in a row. “SBI has affected the...