Tag: RBI
'Where Are The Fake Notes? Even RBI Doesn't Know'
The Reserve Bank of India has admitted it has no confirmed data of the number or value of fake currencies detected since the demonetisation of Rs 500 and Rs 1,000 notes, a RTI query has revealed.....
RBI Likely To Hold Interest Rates At Wednesday's Review
The Reserve Bank of India (RBI) is expected to hold key interest rates at its final monetary policy review for this fiscal on Wednesday -- its second after November's note ban -- in the wake of banks being flush with funds post-demonetisation and a firming up of global oil prices.....
RBI Maintains Status Quo On Key Lending Rate
India's central bank on Wednesday kept its key lending rates unchanged, as it shifted its monetary policy stand from accommodative to neutral citing inflationary fears and global uncertainties.....
Cash Withdrawal Limit To Be Rs 50,000 From February 20; No Limit From March 13
The limits on savings bank cash withdrawals post-demonetisation are to be withdrawn in two stages, the Reserve Bank of India announced on Wednesday, with the limit slated to go up to Rs,50,000 per account from February 20 and to cease from March 13.....
Situation Is Almost Normal After Note Ban: Jaitley
Union Finance Minister Arun Jaitley on Thursday said the situation in the country is "almost normal" after the November 8 demonetisation move.....
RBI Maintains Key Lending Rate At 6.25%
The Reserve Bank of India (RBI), in its first bi-monthly monetary policy review of 2017-18, on Thursday kept its key lending rate unchanged at 6.25 per cent, saying it awaited further macroeconomic data before making changes.....
RBI Issues New Framework For Bad Loans
The Reserve Bank of India (RBI) has issued a new set of enabling provisions to resolve the problem of banks' mounting non-performing assets (NPAs), or bad loans.....
Parliamentary Panel Summons RBI Governor Again
Reserve Bank of India (RBI) Governor Urjit Patel has been summoned by Parliamentary Standing Committee on Finance to appear before it on May 25 on the demonetisation issue.....
Video: RBI To Get Power, Ordinance To Tackle Bad Loans Cleared
In an attempt recover Rs 6 lakh crore worth of non-performing assets (NPAs) in the banking system Union Cabinet, led by Prime Minister Narendra Modi approved a Ordinance on Wednesday.....
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RBI Reduces Key Lending Rate By 25 Basis Points
Subdued inflation and demand prompted India's central bank, RBI, on Wednesday to reduce its key lending rate by 25 basis points (bps).....
