Business Standard

Page 12 - Rbi

Overseas investment limit of MFs must be hiked now

Delay in hiking the limit will leave doubts about the concerns that weighed on the RBI, and whether those concerns could arise again in future

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Updated On : 06 Mar 2022 | 10:01 PM IST

Awaiting govt, RBI advisory on SWIFT transactions with Russian assets: PNB

The country's second-largest bank Punjab National Bank said it was awaiting advisory from the Finance Ministry and the Reserve Bank with regard to SWIFT-related transactions with Russian entities

Awaiting govt, RBI advisory on SWIFT transactions with Russian assets: PNB
Updated On : 06 Mar 2022 | 1:09 PM IST

Forex reserves decline by $1.425 bn on a dip in currency assets

The overall reserves had increased by USD 2.762 billion to USD 632.952 billion in the previous reporting week

Forex reserves decline by $1.425 bn on a dip in currency assets
Updated On : 05 Mar 2022 | 12:40 AM IST

MPC hasn't compromised on price stability: RBI governor Shaktikanta Das

RBI governor says accommodative stance based on our domestic growth-inflation dynamics

MPC hasn't compromised on price stability: RBI governor Shaktikanta Das
Updated On : 05 Mar 2022 | 12:36 AM IST

Russia-Ukraine crisis: Investors are seeking refuge in fixed-income options

RBI's floating rate bond is a safe and long-duration product you may enter into at present

Russia-Ukraine crisis: Investors are seeking refuge in fixed-income options
Updated On : 04 Mar 2022 | 6:03 AM IST

Ukraine crisis: UCO, SBI meet RBI today on payments to Russian firms

The meeting between the banks and RBI comes amid reports that the government is exploring the option of reactivating the rupee-ruble trade between the two countries

Ukraine crisis: UCO, SBI meet RBI today on payments to Russian firms
Updated On : 04 Mar 2022 | 6:02 AM IST

Sebi denies permission to crisis-hit PFS to hold board meeting

In January, all the three independent directors on the company's board had resigned over corporate governance issues and other matters

Sebi denies permission to crisis-hit PFS to hold board meeting
Updated On : 03 Mar 2022 | 10:37 PM IST

RBI launches household surveys to gather inputs for monetary policy

Reserve Bank on Thursday announced the launch of next round of households surveys to capture inflation expectations and consumer confidence

RBI launches household surveys to gather inputs for monetary policy
Updated On : 03 Mar 2022 | 5:08 PM IST

RBI cancels licence of Sarjeraodada Naik Shirala Sahakari Bank, Sangli

With cancellation of the licence, Sarjeraodada Naik Shirala Sahakari Bank Ltd has ceased to carry on banking business with effect from the close of business hours on Wednesday

RBI cancels licence of Sarjeraodada Naik Shirala Sahakari Bank, Sangli
Updated On : 02 Mar 2022 | 7:57 PM IST

Banks concerned as trade settlements with Russia stall in face of sanctions

The extent of the payments that are stalled is not clear at the moment and RBI is trying to assess it

Banks concerned as trade settlements with Russia stall in face of sanctions
Updated On : 02 Mar 2022 | 4:29 PM IST

RBI imposes penalty on 3 co-op banks for lapses in regulatory compliance

The Reserve Bank of India has imposed a penalty on three cooperative banks, including Nagrik Sahakari Bank Maryadit, Raipur, Chhattisgarh, for deficiencies in regulatory compliances

RBI imposes penalty on 3 co-op banks for lapses in regulatory compliance
Updated On : 01 Mar 2022 | 4:01 PM IST

Top headlines: Grover quits BharatPe board, India's Ukraine evacuation

The RBI is also gauging the extent of damage to the Indian banking sector amid the Ukraine crisis. More on this and other stories in our top headlines this morning.

Top headlines: Grover quits BharatPe board, India's Ukraine evacuation
Updated On : 01 Mar 2022 | 7:19 AM IST

India and Japan renew bilateral swap arrangement of $75 billion

Essentially, BSA is a two-way arrangement where both authorities can swap their local currencies in exchange for dollars

India and Japan renew bilateral swap arrangement of $75 billion
Updated On : 01 Mar 2022 | 2:12 AM IST

Russia-Ukraine crisis: Rupee cuts losses after RBI intervention

The rupee weakened 0.95 per cent against the dollar in February

Russia-Ukraine crisis: Rupee cuts losses after RBI intervention
Updated On : 01 Mar 2022 | 2:02 AM IST

Reserve Bank of India to take stock of banks' exposure to Russia, Ukraine

The move is intended to harm Russian president Vladimir Putin's ability to finance the war

Reserve Bank of India to take stock of banks' exposure to Russia, Ukraine
Updated On : 01 Mar 2022 | 6:04 AM IST

Sales of manufacturing companies grow 27.3% in December quarter: RBI data

Maintaining their growth momentum, information technology companies recorded 20.7 per cent increase (y-o-y) in sales during the third quarter of 2021-22

Sales of manufacturing companies grow 27.3% in December quarter: RBI data
Updated On : 28 Feb 2022 | 10:30 PM IST

RBI proposes to assess impact of its financial literacy campaigns

The Reserve Bank of India is proposing to assess the impact of the multi-media awareness campaigns launched by it to promote financial literacy and also safe banking practices.

RBI proposes to assess impact of its financial literacy campaigns
Updated On : 27 Feb 2022 | 2:56 PM IST

Govt appoints Aggarwal as RBI nominee director in Indian Overseas Bank

With this, Deepak Kumar, nominated by the government as the RBI nominee director, ceases to be a director on the board with effect from Friday, the lender added

Govt appoints Aggarwal as RBI nominee director in Indian Overseas Bank
Updated On : 25 Feb 2022 | 10:35 PM IST

Rupee sinks 109 paise, worst in Asia; RBI intervenes to reduce volatility

Rupee may breach 76/$ if geopolitical tensions persist

Rupee sinks 109 paise, worst in Asia; RBI intervenes to reduce volatility
Updated On : 25 Feb 2022 | 1:49 AM IST

Rakesh Sharma reappointed as MD&CEO of IDBI Bank for a period of 3 years

Rakesh Sharma's reappointment as the MD&CEO of IDBI bank has received the banking regulator, Reserve Bank of India's (RBI) nod.

Rakesh Sharma reappointed as MD&CEO of IDBI Bank for a period of 3 years
Updated On : 25 Feb 2022 | 12:48 AM IST