S S Mundra (60) has taken charge as deputy governor Reserve Bank of India. As a deputy governor of the central bank, he will be responsible for banking...
The RBI will revert to the Multiple Price method for bond auctions on August 1, 2014, a year after it adopted the present method of Uniform Price. On...
The Reserve Bank of India (RBI) communicated the Andhra Pradesh government that there was no case for considering its request for restructuring of agricultural loans in the state. A...
The Reserve Bank of India (RBI) has cancelled the certificate of registration of six Non-Banking Financial Companies (NBFCs) based in Delhi. Now, these companies would not be able...
The Reserve Bank of India will designate at least six banks as Systemically Important Banks (SIBs), for the domestic financial market which will need to have higher capital...
S S Mundra (60), Chairman and managing director of Bank of Baroda, is set to be appointed as the fourth deputy governor of the Reserve Bank of India...
According to the Reserve Bank of India, banks will not be permitted to trade bonds issued by other lenders for infrastructure lending that would be exempted from mandatory...
The Reserve Bank of India (RBI) issued draft guidelines for setting up of small banks, which will have a local feel and will provide small-ticket loans to farmers...
With a view to promote infrastructure development and affordable housing, the Reserve Bank of India (RBI), exempted long-term bonds from the mandatory regulatory norms such as the Cash...
Encouraged by the Reserve Bank .of India (RBI), banks are working on setting up ‘Rural ATMs’ for dispensing currency notes of smaller denominations. Banks have been encouraged to...
