Newsroom24x7 Desk Mumbai: The Reserve Bank of India has notified that the aggregate share holdings by Foreign Institutional Investors (FIIs) – Registered Foreign Portfolios Investors (RFPIs), Non Resident Indians (NRIs) and Persons of Indian Origin (PIO) under Portfolio Investment Scheme… Read More ›
Newsroom24x7 Staff New Delhi: The Reserve Bank of India has signed a Memorandum of Understanding (MoU) on “Exchange of information and mutual assistance in banking sector supervision” with Central Bank of Seychelles (CBS). This MoU is obviously, part of the drive to… Read More ›
Newsroom24x7 Desk Mumbai: The Reserve Bank of India has placed on its website, an article titled ‘Recent Trends in Residential Property Prices in India: An exploration using housing loan data’ based on the results of its ‘Residential Asset Price Monitoring… Read More ›
Newsroom24x7 Mumbai: Reserve Bank of India today issued directions to all Category – I Authorised Dealer Banks and informed them that the financial aspects for using the Virtual Private Network (VPN) accounts obtained from National Informatics Centre (NIC) for accessing the e-Biz… Read More ›
Newsroom24x7 Desk Hong Kong: Fitch Ratings has affirmed India’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘BBB-‘. The issue ratings on India’s senior unsecured foreign and local currency bonds are also affirmed at ‘BBB-‘. The Outlooks on… Read More ›
Newsroom24x7 Desk Mumbai: Prime Minister Narendra Modi, today urged the Reserve Bank of India to take the lead in encouraging financial institutions to set concrete targets for financial inclusion over the next 20 years, to help transform the quality of… Read More ›
Newsroom24x7 Desk Mumbai: The Reserve Bank of India today released the draft directions for approval of acquisition or transfer of control Non-Banking Financial Companies (NBFCs) seeking views and comments on it from all interested parties and the general public. The draft… Read More ›
Newsroom24x7 Desk Mumbai: A central bank balance sheet is a reflection of its various functions, particularly its role as a monetary authority and as banker to the Government and banks. The structure of assets and liabilities of the Reserve Bank are,… Read More ›
Newsroom24x7 Desk Mumbai: Complaints about failure to meet commitment, non-observance of fair practices code, Banking Codes and Standard Board of India (BCSBI) Codes taken together constituted the largest category of complaints (26.6 per cent) received by the offices of Banking Ombudsmen (BOS)… Read More ›
Newsroom24x7 Desk New Delhi, Jan. 16: Union Ministry of Finance says that the 25 basis point Repo Rate cut announced by the Reserve Bank of India (RBI) is a welcome move and consistent with strong and ongoing disinflationary trends identified in the Ministry’s… Read More ›
Newsroom24x7 Desk Mumbai, Jan. 10: To grant financial assistance to institutions/ organisations/ associations for taking up activities relating to promoting bank depositors’ education and awareness, the Reserve Bank of India has released on its website, the Guidelines on the Criteria… Read More ›
Newsroom24x7 Desk Mumbai, Jan. 9: As against the average daily cash reserve requirement of Rs. 337, 307 crore for the fortnight ending today that is January 9, the cash balance with Reserve Bank of India on January 3 was Rs…. Read More ›
Newsroom24x7 Desk Mumbai, Jan. 8: Government’s currency liabilities to the public went up to Rs. 187.4 billion in the first week of January 2015 as compared to the total liabilities of Rs. 173.4 billion till March 31,2014. During the financial… Read More ›
