Tag: RBI
Supreme Court Lifts RBI's Ban On Cryptocurrency
In a historic judgement passed today, India's apex court on Wednesday lifted RBI's two-year-old ban on cryptocurrency trading in the country.....
SC Sends Back Lalit Modi Arbitration Dispute To Delhi HC
The Supreme Court on Monday declined to entertain a plea seeking to vacate the stay imposed on the arbitration proceedings concerning former IPL chairman Lalit Modi and the family property belonging to K.K. Modi Trust.....
Govt Notifies Yes Bank Reconstruction Scheme, Bank To Resume Operations Next Week
The government on Saturday notified the scheme of reconstruction for cash-strapped Yes Bank Ltd, paving the way for the lender to resume full operations. ....
Govt Sharply Cuts Small Savings Rates, PPF To Get Just 7.1% Now
The government on Tuesday steeply cut interest rates on various small savings schemes in line with sharp cut in policy rates announced by the Reserve Bank of India on Friday where it reduced repo rate by 75 basis points.....
Stock Market: Sensex Off Highs, 450 Points Up Post RBI's Fresh Measures
The Indian stock market lost most of its initial gains despite the announcement of fresh liquidity measures by the Reserve Bank of India (RBI).....
RBI Unveils New Measures
The RBI Governor on Friday announced a new set of measures in response to the current growth and financial market stress. These measures are mostly aimed at easing some pressures on the lower rated / smaller participants of the financial markets. ....
RBI Comes Out With 'Special Liquidity Facility' For Mutual Funds
To ease liquidity pressures on Mutual Funds, the Reserve Bank of India on Monday decided to open a special liquidity facility (SLF-MF) worth Rs 50,000 crore.....
RBI Employees Donate Rs 7.3 Cr To PM-CARES Fund
Coming forward to help a noble cause, employees of the Reserve Bank of India (RBI) have donated a total of Rs 7.30 crore to the PM-CARES Fund, an official said here on Tuesday. ....
SC Gives 3 Days To Finance Minister, RBI To Decide On Moratorium Period Interest
The Supreme Court on Friday asked Solicitor General Tushar Mehta to convene a meeting of the Finance Ministry and RBI officials over the weekend to decide whether interest incurred on EMIs during the moratorium period can be charged by banks. ....
Serbian PM Throws Weight Behind Under-fire Djokovic
World No.1 tennis player Novak Djokovic has found support in his country's Prime Minister Ana Brnabic who has backed the Serbian after he was heavily criticised following the Adria Open fiasco. ....
