Thu, Oct 10, 2024
The Reserve Bank has approved the appointment of Partha Pratim Sengupta as Managing Director & Chief Executive Officer (MD & CEO) of Bandhan Bank for a period of three years. His three-year tenure counts from the date of taking charge, which shall not be later than November 10, 2024, Bandhan Bank said in a regulatory filing.
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Wed, Oct 09, 2024
Key Takeaways from RBI MPC Meeting: Reserve Bank of India governor Shaktikanta Das kept the repo rate unchanged at 6.50 per cent for the 10th consecutive time. The monetary policy committee (MPC) announced a change in the policy stance to 'neutral'. There was no change in GDP forecast and CPI inflation estimates for FY25.
Wed, Oct 02, 2024
The members of the MPC appointed by the central government will hold office for a period of four years, with immediate effect or until further orders, whichever is earlier.
Fri, Apr 22, 2022
Here's the step by step guide on how to check RBI Assistant 2022 result.
Thu, Apr 21, 2022
Bank credit grew by 10.09 per cent to Rs 119.88 lakh crore and deposits by 10.06 per cent to Rs 167.42 lakh crore in the fortnight ended on April 8, the RBI data showed
Mon, Apr 18, 2022
The Reserve Bank of India (RBI) has imposed a fine of over Rs 17 lakh on non-banking finance company Manappuram Finance for violating KYC guidelines as well as norms related to prepaid payment instruments
Bank Timing change: There is big news for bank customers. Now you will get 1 hour extra time to complete the work related to the bank. The Reserve Bank of India (RBI) has changed the timing of opening of banks from April 18, 2022, from the trading hours of the market (RBI Increase Market trading hours). The Reserve Bank of India (RBI Change bank timing) has changed the opening hours of banks from Monday (18 April 2022) after the bank was closed for 4 days.
Mon, Apr 11, 2022
During a candid radio podcast, 'Kadak Currency’, with RJ Salil Acharya, Radio City, 91.1 FM, Mumbai, Mr Singhvi said people looking forward to investing in the stocks should wait for a correction in the market, due to an unknown factor, and then can buy manufacturing-related stocks, defence shares, paper stocks and sugar stocks.
Fri, Mar 25, 2022
Shares of Future Enterprises Ltd on Friday declined nearly 5 percent after the company said it has defaulted on payment of Rs 93.99 crore to Punjab National Bank and Canara Bank under the one-time restructuring plan.
Thu, Mar 24, 2022
IIFL Home Finance has entered into a strategic co-lending partnership with State Bank of India to accelerate effective and affordable credit to small home buyers in the country.
The Sebi has refused to disclose under the RTI Act its inspection reports since 2013 related to functioning of the NSE which is mired in controversy resulting from the market regulator's damning report on alleged irregularities in the functioning of the bourse's former chiefs.
Tue, Mar 22, 2022
The Reserve Bank of India on Monday cancelled the license of Kanpur-based People's Co-operative Bank Limited as it does not have adequate capital and earning prospects.
Thu, Mar 17, 2022
The Reserve Bank of India (RBI) had issued rules against extortion of fake loan app companies in June 2020.
The Reserve Bank of India (RBI) remained a net seller of the US currency in January 2022, selling USD 771 million in the spot market.
Tue, Mar 15, 2022
There is no plan to introduce cryptocurrency by the government, Minister of State for Finance Pankaj Chaudhary informed the Rajya Sabha on Tuesday.
Mon, Mar 14, 2022
Retail inflation inched up to an eight-month high of 6.07 percent in February, remaining above the RBI's comfort level for the second month in a row, mainly on account of a rise in food prices, official data showed on Monday.
Sat, Mar 12, 2022
The India’s largest private lender HDFC Bank on Saturday in a release said that the Reserve Bank of India (RBI) has lifted all the restrictions it had put in place on the bank’s business generating activities planned under the Digital 2.0 program.
Fri, Mar 11, 2022
Bank credit grew by 7.9 percent to Rs 116.27 lakh crore and deposits rose by 8.6 percent to Rs 162.17 lakh crore in the fortnight ended February 25, RBI data showed.
Wed, Mar 09, 2022
RBI has clarified on the mode of receipt of complaints under its Integrated Ombudsman Scheme. Instances of misinformation are being spread through certain sections of the social media about thescheme and which has come to the notice of the banking regulator
Sat, Mar 05, 2022
The concept of Payments Banks was introduced by the RBI in 2015. The idea behind this concept was to give banking license to fintech companies and provide banking services to the underserved population of India. Here is all you need to know about a Payments Bank.
Fri, Mar 04, 2022
An Inter-Departmental meeting of the Government of India (GoI) is being held to review the impact of the ongoing Russia Ukraine crisis. The meeting will likely be continued on Saturday. The Petroleum Ministry is keeping an eye on the prices of crude oil.
Wed, Mar 02, 2022
India's factory activity growth accelerated in February as the threat from a third COVID-19 wave eased, a private survey showed.
Wed, Feb 16, 2022
The 2022-23 Budget proposals and the recent monetary policy announcements have set the tone for a durable and broad-based economic revival which has started gaining traction as the nation emerges from the third wave of the COVID-19 pandemic, according to an RBI article.
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