Reserve Bank
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RBI clears proposal to introduce Rs 200 notes this June: Report
Apr 04, 2017, 08:06 AM ISTAfter the successful launch of new Rs 2,000 and Rs 500 notes, the Reserve Bank of India (RBI) is planning to introduce banknotes of Rs 200 denomination.
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RBI penalises four co-operative banks for violating KYC norms
Aug 17, 2016, 07:07 AM ISTThe Reserve Bank on India (RBI) has imposed penalties of up to Rs 5 lakh on four co-operative banks for violation of norms.
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RBI releases draft norms for CCR, exposure to CCPs
Jun 23, 2016, 08:45 PM ISTThe Reserve Bank today released draft guidelines for computing exposure for counterparty credit risk (CCR) arising from derivative transactions and capital requirements for bank exposures to central counterparties (CCPs).
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RBI to infuse Rs 15,000-Crore liquidity into system
May 24, 2016, 09:07 AM ISTMumbai: The Reserve Bank of India will buy government bonds worth Rs 15,000 crore through open market operations (OMO) this week to infuse liquidity into the markets. Based on the current assessment of prevailing and
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Raghuram Rajan not top-paid man at RBI, lags behind three others
Apr 25, 2016, 08:59 AM ISTNew Delhi: RBI governor Raghuram Rajan, currently in the eye of the storm over his 'one-eyed is king among blind' remark, may be the most powerful person at the central bank, but he does not
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RBI sees retail inflation at 5%; govt pay hikes to put pressure
Apr 05, 2016, 02:30 PM ISTThe Reserve Bank today projected retail inflation to be around 5 per cent for the current fiscal, saying that the 7th Pay Commission burden could put an upward pressure of up to 1.50 per cent over two years.
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Credit interest rate on saving a/c every quarter: RBI to banks
Mar 15, 2016, 04:07 PM ISTReserve Bank has asked banks to pay interest on savings banks account on quarterly basis or shorter duration, a move which will benefit crores of savings account holders.
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IIP numbers disappointing, recovery volatile: Raghuram Rajan
Mar 12, 2016, 08:52 PM ISTDescribing the IIP numbers as “disappointing”, Reserve Bank Governor Raghuram Rajan today said the economy is recovering, but the process of recovery is volatile.
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Bad loans: Why the call for making top bank bosses accountable deserves merit
Mar 03, 2016, 09:04 PM ISTChennai: Rising bad loans at government-owned banks running into several crores has caught the country's attention. The Reserve Bank has stepped in and the top court has raised some serious questions.There are two big problem
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Markets bet big on RBI rate cut, Sensex rallies over 777 points
Mar 01, 2016, 04:10 PM ISTNew Delhi: Finance Minister Arun Jaitley's decision to stick to the fiscal deficit targets of 3.9 per cent and 3.5 per cent for this year as well as the 2016-17 financial year respectively has sent markets
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RBI extends deadline to exchange pre-2005 notes to June 30
Dec 23, 2015, 10:30 PM ISTMumbai: Reserve Bank of India (RBI) on Wednesday extended the deadline for exchanging pre-2005 currency notes of various denominations, including Rs 500 and Rs 1,000, by another six months to June 30, 2016.The RBI had,
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Why RBI staff is planning to go on a mass leave on November 19?
Nov 12, 2015, 05:28 PM ISTKolkata: Reserve Bank's employees have proposed one-day mass leave on November 19 to protest what they termed as the government's intention to curb the apex bank's activity and intervening into monetary policies.The United Forum of
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Raghuram Rajan defends his speech calling for tolerance, mutual respect
Nov 04, 2015, 04:25 PM ISTMumbai: Reserve Bank Governor Raghuram Rajan has defended his speech that called for tolerance and mutual respect, saying India will be "crazy to lose" the biggest advantage it has to intolerance."It wasn't a speech about
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Govt prepares a new draft bill to curtail RBI Governor's power
Oct 22, 2015, 10:31 AM ISTNew Delhi: The Narendra Modi government has prepared a draft bill proposing to curtail exclusive powers of RBI Governor in setting monetary policy.According to a NDTV report, the bill proposes a seven-member committee including four
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India Inc hails Ubers,Olas saying they know best to use assets
Sep 20, 2015, 12:53 PM ISTMumbai : Even as auto makers are voicing concerns over possibility of the Ubers and the Olas eating into their business, India Inc has strongly come out supporting this new disruptive business model, hailing these
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Raghuram Rajan leaves rates unchanged; asks banks to lower rates
Aug 04, 2015, 01:45 PM ISTMumbai: Reserve Bank today kept its policy rates unchanged, with Governor Raghuram Rajan saying that the headline inflation is at elevated levels and banks are yet to pass on the full benefits of previous rate
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Indian equities rally on hopes of reforms, rate cut, cheap oil
Jul 18, 2015, 04:43 PM ISTMumbai: Hopes of a rate cut by the central bank, coupled with cheaper oil and stability in international markets, buoyed Indian equity markets during the trading days ended July 17, analysts said.Even expectations of a
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RBI working with government to penalize loan fraudsters
Jun 27, 2015, 10:06 PM ISTNew Delhi: The Reserve Bank is working closely with the finance ministry to facilitate criminal investigations by law enforcement agencies to bring to book loan fraudsters, deputy governor R R Gandhi has said.Containing frauds means
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State-run banks will need more capital to meet adequacy norms: RBI
Jun 27, 2015, 07:14 AM ISTNew Delhi: The Reserve Bank of India said on Friday that state-run banks are adequately capitalised, but would need additional funds to comply with international capital adequacy norms in the future."Right now the banks are
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Now, exchange pre-2005 currency notes by December 31
Jun 26, 2015, 08:16 AM ISTMumbaia: Reserve Bank of India on Thursday extended the deadline for exchanging pre-2005 currency notes of various denominations, including of Rs 500 and Rs 1,000, by six months till December 31, 2015. The earlier deadline was