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Page-19 of RBI

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

RBI to transfer Rs 28,000 crore as Interim Dividend to Government

The Reserve Bank of India (RBI) will transfer Rs 28,000 crore as interim dividend to the government. RBI had already transferred Rs 40,000 crore to the government in...

February 19, 2019

RBI withdraws 20% limit on investments by FPIs in Corporate Bonds

The Reserve Bank of India (RBI) has withdrawn the earlier order which stipulated a 20% limit on investments by FPIs in Corporate Bonds. Why the limit was imposed...

February 16, 2019

WPI Inflation Hits 10-Month Low

The Union Ministry of Commerce and Industries has released the data on WPI Inflation. The data makes the following observations: The WPI Inflation fell to a 10-month low...

February 15, 2019

Government to set-up a Unified Authority for Regulating Entities in IFSC

The Union Cabinet headed by Prime Minister Narendra Modi has approved setting up of a unified authority for regulating all financial services in international financial services centres (IFSCs) in the country. The...

February 9, 2019

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