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Page-33 of Topic: RBI

NS Vishwanathan appointed as deputy governor of RBI

The Union Government has appointed NS Vishwanathan as deputy governor of the Reserve Bank of India (RBI). His appointment was approved by the Appointments Committee of the Cabinet...

June 29, 2016

RBI introduces Scheme for Sustainable Structuring of Stressed Assets

The Reserve Bank of India (RBI) has issued guidelines called Scheme for Sustainable Structuring of Stressed Assets (S4A). The main aim of these guidelines is to (i) Strengthen...

June 14, 2016

RBI rates unchanged in 2nd bi-monthly monetary policy review for year 2016-17

The Reserve Bank of India (RBI) in its second bi-monthly monetary policy review for year 2016-17 has maintained status quo in key policy interest rate. The key policy...

June 8, 2016

RBI to issue Rs 1000 banknotes with inset letter R

The Reserve Bank of India (RBI) will shortly issue banknotes of 1000 rupees denominations with inset letter ‘R’ in both the number panels. These new banknotes will be...

May 11, 2016

RBI gives nod to Bharti Airtel's payments Bank Unit

The Reserve Bank of India (RBI) has given its in-principle approval to Bharti Airtel’s payments bank venture — Airtel M Commerce Services Ltd (AMCS). With this AMCS has...

April 12, 2016

RBI cuts repo rate by 25 basis points to 6.5%

The Reserve Bank of India (RBI) has cut down repo rate by 25 basis points to 6.5 per cent from 6.75 per cent, with immediate effect. It was...

April 5, 2016

RBI inks information exchange MoU with Bank of Israel

The Reserve Bank of India (RBI) has signed a Memorandum of Understanding (MoU) with Bank of Israel (BOI) for exchange of information pertaining to banking supervision. It was...

March 10, 2016

Capital Area Bank first to get small finance bank licence from RBI

Jalandhar based Capital Local Area Bank (CLAB) Limited became the first financial entity in India to get Small Financial Bank Licence by the Reserve Bank of India (RBI). CLAB...

March 7, 2016

RBI extends Currency Swap Arrangement with SAARC nations

The Reserve Bank of India (RBI) has extended currency swap arrangement to South Asian Association for Regional Cooperation (SAARC) nations till mid-November 2017. All 7 SAARC member countries...

February 25, 2016

RBI and RTI: Recent Supreme Court Judgement

On December 16, the Supreme Court of India said that RBI cannot reject the plea asking information regarding private and public banks under the Right to Information (RTI)...

February 16, 2016

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