Tag: RBI
Second Phase Of Anti-demonetisation Stir From Thursday Said Congress
The Congress said it will launch its second phase of "Jan Vedna Abhiyaan", its nationwide agitation against demonetisation from January 12 and this will g on till February 20.....
Over 99% Of Demonetised Notes Back With RBI
Over 99 per cent of the Rs 15.3 lakh crore taken out of circulation through demonetisation in November 2016 has returned to the Reserve Bank of India (RBI), the central bank announced on Wednesday.....
RBI Holds Repo Rate, But Changes Stance To 'calibrated Tightening'
Belying market expectations of a hike, the RBI on Friday held its key lending rate unchanged in the context of an uncertain global economic scenario but turned hawkish, moving to a "calibrated tightening" from the "neutral" stance it has maintained over its six previous policy reviews.....
No Liquidity Crunch In NBFCs, Inflation Under Control: RBI
The Reserve Bank of India (RBI) on Tuesday said there was no liquidity crisis in the non-banking financial companies, assuaging the government's concerns that a cash crunch in the shadow banking space could have a ripple effect through the wider economy.....
Shaktikanta Das Takes Over As RBI Governor
Former Economic Affairs Secretary Shaktikanta Das on Wednesday assumed charge as RBI Governor after Urjit Patel abruptly resigned from the post amidst a tiff with the government on the central bank's autonomy.....
Justice Sikri Withdraws 'consent' To Take Up Commonwealth Post
After a controversy erupted, Supreme Court judge A.K. Sikri, who last week sided with the government in the three-member committee to remove CBI Director Alok Verma, on Sunday withdrew his "consent" to be nominated to the post of President/Member of the London-based Commonwealth Secretariat Arbitral Tribunal (CSAT).....
RBI Cuts Lending Rate To 6.25%, Shifts Stance To 'neutral'
In the final monetary policy review of the current fiscal, the Reserve Bank of India (RBI) on Thursday lowered its key lending rate for commercial banks to 6.25 per cent.....
Chandrayaan's 3rd Lunar-bound Orbit Exercise Performed
The telemetry, tracking and command network of the Indian space agency (ISTRAC) performed the third lunar-bound orbit manoeuvre for Chandrayaan-2 spacecraft, the agency said on Wednesday. ....
PMC Customer With Rs 90 Lakh In Bank Dies Of Stress
A customer with around Rs 90 lakh in the crisis-hit Punjab & Maharashtra Cooperative Bank Ltd has died. Sanjay Gulati had already lost his job earlier this year following the collapse of the Jet Airways, and now restrictions on his hard-earned savings may have taken away his life. ....
RBI Steps In To Calm Financial Markets Amid Coronavirus Panic
In a bid to calm the Indian financial markets the Reserve Bank of India on Tuesday said that it is ready to take "appropriate actions" to ensure the orderly functioning of financial markets. ....
