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Page-19 of Topic: RBI

RBI replies to RTI regarding Demonetisation

The minutes of meeting which had approved the demonetisation of Rs 500 and Rs 1000 currency notes has been revealed through RTI. The government had contested that demonetisation...

March 12, 2019

Raghuram Rajan to Get Yashwantrao Chavan National Award

Raghuram Rajan, former governor of RBI has been chosen for the ‘Yashwantrao Chavan National Award 2018’ by Yashwantrao Chavan Prathisthan for his contribution to economic development. Raghuram Rajan...

March 10, 2019

RBI Eases Business Guidelines for White Label ATMs

The Reserve Bank of India (RBI) has eased business guidelines for white label ATMs. These new guidelines increase the avenues of revenue earning for the white label ATMs....

March 8, 2019

RBI Notifies Norms for 2% Interest Subsidy Scheme for Short-term Crop Loans

The Reserve Bank of India (RBI) has notified the norms for banks with regards to two per cent interest subvention or subsidy for short-term crop loans during 2018-19...

March 8, 2019

RBI imposes Rs 8 crore fine on 3 banks for non-compliance in Swift operations

The Reserve Bank of India (RBI) has imposed a fine of 8 crores on 3 banks viz. Karnataka Bank, United Bank of India and Karur Vysya Bank for...

March 5, 2019

CSO Data on Q3 GDP

The Central Statistical Office (CSO) has released the data about the GDP for the third quarter. The important facts from the data are: Indian economy decelerated at a...

March 2, 2019

Cabinet approves ₹1,450 crore for share capital of RBI in NHB

The Union Cabinet headed by Prime Minister Narendra Modi has approved the Rs1,450 crore for the share capital of Reserve Bank of India in the National Housing Bank...

March 1, 2019

RBI sets up Usha Thorat Panel on offshore rupee markets

The Reserve Bank of India (RBI) has constituted a panel under the former deputy governor Usha Thorat to examine issues related to offshore rupee markets and recommend policy measures...

March 1, 2019

RBI, Bank of Japan sign Bilateral Swap Arrangement

Reserve Bank of India (RBI) and Bank of Japan have signed a bilateral swap agreement. The agreement was negotiated during the visit of Prime Minister Narendra Modi to...

March 1, 2019

RBI Removes three Banks from PCA Framework

The Reserve Bank of India (RBI) has removed three banks, Dhanlaxmi Bank, Allahabad Bank and Corporation Bank from the PCA framework by moving them out of its weak-bank...

February 28, 2019

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