India’s foreign exchange reserves continued their rally for the fourth straight week, increased by $1.35 billion to 298.64 billion dollar on a surge in currency assets even though...
As per the rating agency, India Ratings (formerly Fitch), the putting off of Basel III by the Reserve Bank of India (RBI) till March 2019 would ease pressure...
The Reserve Bank of India (RBI) simplified foreign portfolio investment norms by putting in place an easier registration process and operating framework to attract inflows. The portfolio investor...
As per the Aditya Puri committee recommendations, customers should be given a free copy of their credit profile as it would help in promoting financial discipline among loan...
The Reserve Bank of India (RBI) has decided to utilize unclaimed bank deposits that are estimated at Rs. 3,650 crore for education and awareness of depositors. The apex...
Dr. Kamalesh Chandra Chakrabarty (62), the Deputy Governor of RBI, resigned from the post against his scheduled term end, due to his personal reasons. His term was scheduled...
The Reserve Bank of India (RBI) extended the 80:20 schemes to import gold to five private banks. Under RBI 80:20 scheme Banks have been allowed to import gold:HDFC...
The Reserve Bank of India (RBI) has cautioned banks to take immediate steps to implement appropriate systems and controls if their systems and ATMs are still working on...
The Reserve Bank of India (RBI) hiked the trade related remittance limit from Rs.2 lakh to Rs.5 lakh per transaction with immediate effect and also increased the number...
At the 12th sub-committee meeting of the Financial Stability and Development Council (FSDC), headed by RBI Governor Raghuram Rajan, held at New Delhi, it was decided to set...
