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Page-26 of Topic: Reserve Bank of India

RBI cuts its repo rate under Liquidity Adjustment Facility (LAF) by 25 basis points to 6.0%

The Reserve Bank of India (RBI) has cut its repo rate under Liquidity Adjustment Facility (LAF) by 25 basis points to 6.0% in its first bi-monthly policy statement...

April 4, 2019

RBI tweaks NPA Disclosure Norms

The Reserve Bank of India (RBI) has brought changes to the bad loan divergence rule. The Bad loan divergence practice mandated by RBI aims at improving transparency in...

April 3, 2019

Supreme Court quashes RBI’s circular Mandating Insolvency Proceedings

The Supreme Court has struck down a February 2018 Reserve Bank of India (RBI) circular which gave lender banks six months to resolve their stressed assets or move...

April 3, 2019

RBI sets the limits for Ways and Means Advances (WMA)

The Reserve Bank of India (RBI) in consultation with the government of India has set the limits for Ways and Means Advances (WMA) for the first half of...

April 3, 2019

Branches of Vijaya, Dena Bank to operate as outlets of Bank of Baroda

The Reserve Bank of India (RBI) has stated that all branches of public sector lenders Vijaya Bank and Dena Bank will function as branches of Bank of Baroda...

April 1, 2019

RBI slaps penalty on PNB for violating SWIFT norms

The Reserve Bank of India (RBI) has fined Punjab National Bank (PNB) Rs 2 crore for violation of compliance with regulatory directions regarding SWIFT operations. The RBI has toughened...

March 27, 2019

RBI committee under chairman ship to deepen digital payments

The Reserve Bank of India (RBI) has recently appointed 5-member committee under the chairmanship of Nandan Nilekani to further deepen digital payments and enhance financial inclusion through Fintech....

March 25, 2019

India’s GDP Forecasts by Fitch Ratings

In it’s Global Economic Outlook report, Fitch Ratings has cut India’s economic growth forecast for the next financial year 2019-20 starting from April 1 to 6.8 per cent...

March 23, 2019

RBI to reform Ways and Means Advances for States

Reserve Bank of India has proposed an approach to reform new Ways and Means Advances (WMA) limits for the state governments, which will further replace the previous expenditure-based...

March 22, 2019

RBI Governor bats for Permanent Status to Finance Commission

Reserve Bank of India (RBI) governor Shaktikanta Das called for permanent status to Finance Commission.  RBI Governor Shaktikanta Das is also the member of the fifteenth finance commission....

March 21, 2019

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