Tag: RBI

SC directs RBI to lay down regulations in six months for locker facility management in banks – Times of India

The top court said people are hesitant to keep their liquid assets at home as we are steadily moving towards a cashless economy. (File...

RBI announces Rs 10,000 crore special OMOs on February 25 – Times of India

MUMBAI: The Reserve Bank of India (RBI) said on Monday that it will conduct simultaneous sale and purchase of government bonds under special open...

Nirmala Sitharaman to address post-Budget RBI board meet on Tuesday – Times of India

NEW DELHI: Finance Minister Nirmala Sitharaman is scheduled to address the post-Budget meeting of the RBI's central board on Tuesday and highlight key points...

THIS bank’s customers can’t withdraw money for 6 months after RBI restrictions

Mumbai: The Reserve Bank of India has put restrictions on withdrawals from Nashik's (Maharashtra) Independence Co-operative Bank Limited owing to the lender's present liquidity...

RBI’s current strategy is adding to its problems – Times of India

NEW DELHI: The Reserve Bank of India’s strategy to shift some of its currency intervention to the forwards market is adding to its problems....

Bitcoin Witnesses 4-fold Spike in Trading After Tesla Announces to Buy Indian Cryptocurrency

New Delhi: Within 24 hours of Tesla’s announcement that it...

Government to soon bring bill on crypto currencies – Times of India

NEW DELHI: The government will soon bring a bill on crypto currencies as existing laws are inadequate to deal with issues concerning them, minister...

Service complaints by bank customers rise 57% to over 3 lakh: RBI report – Times of India

MUMBAI: Consumer complaints about banking services jumped 57 per cent to 3.08 lakh for the year to June 30, 2020, the Reserve Bank said...

RBI OMO: RBI to buy bonds worth Rs 20,000 crore under open market operations on February 10 – Times of India

NEW DELHI: The Reserve Bank of India (RBI) on Monday announced its plan to buy bonds worth Rs 20,000 crore under Open Market Operations...

Sovereign bonds: RBI plans more than Rs 3 lakh crore in bond purchases | India Business News – Times of India

NEW DELHI: India’s central bank will target to buy more than Rs 3 lakh crore ($41 billion) of sovereign bonds in the year starting...

Government to work with RBI for execution of bank privatisation plan: Sitharaman – Times of India

MUMBAI: Finance minister Nirmala Sitharaman on Sunday said the government will work with the Reserve Bank for execution of the bank privatisation plan announced...

RBI makes it easy for you to invest in govt bonds – Times of India

MUMBAI: The RBI said on Friday that retail investors would very soon be able to directly buy and sell government securities (G-Secs). A...

RBI holds rates, forecasts 10.5% GDP growth for FY22 – Times of India

Mumbai/New Delhi: The Reserve Bank of India (RBI) on Friday kept interest rates on hold but promised to retain the policy stance as accommodative...

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