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Reserve Bank of India

RBI Issues Draft Norms on Dividend Declaration by Banks | Zee Business

RBI Issues Draft Norms on Dividend Declaration by Banks | Zee Business

Wed, Jan 03, 2024

RBI issued draft circular on dividend declaration of banks, new rules will be implemented from financial year 2025, sought suggestions from stakeholders till January 31, rules for all Commercial Bank, SFB, Payment Bank, Regional Bank

RBI MEET: Will the MPC maintain the status quo and keep rates steady for the fifth consecutive time?

RBI MEET: Will the MPC maintain the status quo and keep rates steady for the fifth consecutive time?

Thu, Dec 07, 2023

Even as the three-day RBI MPC meeting has started on Wednesday, all eyes are on the interest rate-setting panel’s decision on Friday. Experts, however, expect a status quo on the key policy rates as inflation is gradually coming closer to the RBI’s target level and economic growth is picking up. RBI Governor Shaktikanta Das-headed Monetary Policy Committee has begun its three-day deliberations on December 6. Das would unveil the decision of the six-member MPC on the last day of the meeting--December 8 (10.00 AM).

RBI MPC MEETING: Will Interest Rates Rise, Fall or Pause? What to Anticipate This Week

RBI MPC MEETING: Will Interest Rates Rise, Fall or Pause? What to Anticipate This Week

Tue, Oct 03, 2023

After hiking the repo rate six consecutive times since last year, the RBI hit the pause button and kept the repo rate unchanged in the last three MPC meetings this year. The next bi-monthly MPC meeting is set to take place from October 4-6, with the decision set to be announced on Oct 6, 2023.

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Rs 20 new note coming in Greenish Yellow colour with Ellora Caves as motif; check photo, features

Rs 20 new note coming in Greenish Yellow colour with Ellora Caves as motif; check photo, features

Sat, Apr 27, 2019

New Rs 20 note: After introducing new Rs 50, Rs 100, Rs 200, Rs 500 and Rs 2000 notes in the last three years, the central bank is all set to roll out new Rs 20 note in a new colour scheme.

Stressed assets resolution: RBI mulls giving up to 60 days additional time for repayments

Stressed assets resolution: RBI mulls giving up to 60 days additional time for repayments

Thu, Apr 25, 2019

The Reserve Bank of India (RBI) is working on revising the framework for resolution of stressed assets, including providing additional 60 days to borrowers to repay dues, as part of efforts to mitigate hardships faced by genuine businesses, sources said.

RBI sells National Housing Bank, NABARD shares to the government

RBI sells National Housing Bank, NABARD shares to the government

Wed, Apr 24, 2019

RBI exited NHB and NABARD by selling its entire stakes to the government for Rs 1,450 crore and Rs 20 crore, respectively, making them fully government-owned.

RBI asks lender banks to disclose IL&FS exposure in March quarter accounts

RBI asks lender banks to disclose IL&FS exposure in March quarter accounts

Wed, Apr 24, 2019

RBI on Wednesday directed lenders to disclose their exposure to the bankrupt infra lender in their forthcoming earnings announcements.

New Rs 500 notes coming soon! These changes and updates you will get to see in future

New Rs 500 notes coming soon! These changes and updates you will get to see in future

Wed, Apr 24, 2019

The Reserve Bank of India (RBI) has announced that it will soon issue new Rs 500 currency banknotes. In a notification released on April 23, RBI said that the new Rs 500 notes will come with the signature of RBI governor Shaktikanta Das.

RBI first APAC central bank to begin interest rate easing cycle: Fitch

RBI first APAC central bank to begin interest rate easing cycle: Fitch

Wed, Apr 24, 2019

Significant and politically difficult fiscal deficit reduction would be key to meet the general government debt ceiling of 60 per cent of GDP by FY'25 from a Fitch-estimated 68.8 per cent of GDP in FY'19

New Rs 200 currency notes coming soon, says RBI! This will be the big difference

New Rs 200 currency notes coming soon, says RBI! This will be the big difference

Wed, Apr 24, 2019

The Reserve Bank of India is set to introduce new Rs 200 currency notes in the Mahatma Gandhi (New) Series soon. In a notification released on April 23, RBI said that the new notes will be similar to the Rs 200 banknotes that are already in circulation.

RBI sets high cut-off for second dollar/rupee swap auction

RBI sets high cut-off for second dollar/rupee swap auction

Tue, Apr 23, 2019

RBI set a premium of 8.38 rupees at the three-year buy-sell swap auction and accepted the entire planned $5 billion up on offer.

RBI approves HDFC proposal for holding 9.9 pct stake in Bandhan Bank

RBI approves HDFC proposal for holding 9.9 pct stake in Bandhan Bank

Tue, Apr 23, 2019

RBI has given its nod to HDFC Ltd for acquiring up to 9.9 per cent stake in Bandhan Bank following the Gruh Finance deal.

RBI annouces Rs 25,000 crore liquidity injection in May through government securities purchase

RBI annouces Rs 25,000 crore liquidity injection in May through government securities purchase

Tue, Apr 23, 2019

RBI's Rs 25,000 crore liquidity injection will be undertaken in two equal tranches with the first one on May 2, the central bank said in a statement.

SBI alert! May 1 looming, these new rules set to come into effect; know how you can benefit

SBI alert! May 1 looming, these new rules set to come into effect; know how you can benefit

Tue, Apr 23, 2019

According to the new rules, after May 1, the SBI's Savings account holders will get less interest on deposits of more than one lakh rupees.

No 5-day a week in commercial banks, clarifies RBI

No 5-day a week in commercial banks, clarifies RBI

Sun, Apr 21, 2019

RBI said Saturday it has not issued any direction with regard to a five-day a week working for commercial banks.

Your SBI Debit Card blocked at bank ATM or did you get this message? Here is why you should rush

Your SBI Debit Card blocked at bank ATM or did you get this message? Here is why you should rush

Fri, Apr 19, 2019

RBI had directed all Indian banks to phase out the existing debit cards in a calibrated manner, giving them December 31, 2018 as a deadline for this job.

RBI proposes to allow fintech start-ups to test regulatory sandbox

RBI proposes to allow fintech start-ups to test regulatory sandbox

Fri, Apr 19, 2019

A regulatory sandbox (RS) usually refers to live-testing of new products or services in a controlled and test regulatory environment.

RBI MPC Minutes: Weakening domestic growth impulses prompted governor Shaktikanta Das to go for rate cut

RBI MPC Minutes: Weakening domestic growth impulses prompted governor Shaktikanta Das to go for rate cut

Thu, Apr 18, 2019

Weakening of domestic growth impulses and global slowdown prompted RBI Governor Shaktikanta Das to vote for a 25 basis points cut in interest rate.

New Rs 50 currency note out; check features of bill, this is how it is different from old one

New Rs 50 currency note out; check features of bill, this is how it is different from old one

Wed, Apr 17, 2019

The Reserve Bank of India had issued Fluorescent Blue-coloured Rs 50 note in August, 2018.

RBI bids for Air India's iconic Nariman Point tower

RBI bids for Air India's iconic Nariman Point tower

Tue, Apr 16, 2019

Reserve Bank of India (RBI) has tossed its hat in the ring for the taking over of Air Indias iconic tower at Nariman Point in Mumbai. The central bank is learnt to have offered 10 years` lease rental as advance payment, a top reliable source told IANS.

Indian economy needs to grow faster: RBI Governor

Indian economy needs to grow faster: RBI Governor

Sat, Apr 13, 2019

Reserve Bank of India (RBI) Governor Shaktikanta Das says India's economy needs to grow more faster to tackle poverty and other issues. Watch this video to know more.

Focus should be on 7% GDP growth: Uday Kotak

Focus should be on 7% GDP growth: Uday Kotak

Sat, Apr 13, 2019

Uday Kotak, vice chairman and managing director, Kotak Mahindra Bank said that the policy rate should be reduced by the Reserve Bank of India (RBI). He added that the focus should be on achieving GDP growth at the rate of 7 percent. Watch this video to know more.

Reserve Bank injected Rs 2.98 lakh crore liquidity in market in 2018-19

Reserve Bank injected Rs 2.98 lakh crore liquidity in market in 2018-19

Thu, Apr 11, 2019

Currency in circulation expanded sharply in February-March. The liquidity needs of the system were met through injection of durable liquidity amounting to Rs 37,500 crore in February and Rs 25,000 crore in March through open market purchase operations (OMOs).

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