In a major move to deal with extra liquidity created in the system due to the demonetisation drive, the Central government as per the directions of the Reserve...
The nationalization of the banks in 1969 boosted the confidence of the public in the Banking system of the country. However, in the early 1970s, there was a...
Reserve Bank of India (RBI) has signed an information sharing agreement with United States (US) banking regulators for better coordination with them in supervising financial institutions. Earlier in...
Reserve Bank of India (RBI) has extended the deadline for withdrawal of pre-2005 of various denominations including Rs 500 and Rs 1,000 by six months till 30th June...
The “Committee on Comprehensive Financial Services for Small Businesses and Low Income Households” was set up by the RBI in Sep 2013 under the chairmanship of Nachiket Mor,...
The Reserve Bank of India (RBI) showed concerns on separation of Debt Management Office (DMO) from Central Bank. The government had proposed to make DMO an independent body...
The National Housing Bank (NHB) is targeting disbursal of Rs 4,000 crore for rural housing during the fiscal 2013, a growth of 33 % over fiscal 2012. The...
Orissa is the first Indian state to commence e-payment facility for government employees from August 1, 2012. Govt employees will get their salaries and pensions through the online...
The Reserve Bank of India has allowed companies to continue to buy back foreign currency convertible bonds (FCCBs) under the approval route. The central bank will consider proposals...
India Inc is dissatisfied with RBI’s decision of keeping interest rates unchanged As per Assocham, a cut in interest rates may give some boost to the industrial sector...
