Tag: RBI

The Reserve Bank of India's Board on Friday approved the transfer of Rs 57,128 crore surplus to the Central government for FY20.....

The Lok Sabha has passed a Bill to address the potential disruptions in the financial system and to ensure that cooperative banks are conducted in a manner that protects the interests of the depositors by increasing professionalism, enabling access to capital, improving governance and ensuring sound banking through the Reserve Bank of India (RBI). ....

The Centre will take a decision on further course of action including legal remedies among other options after studying the award and consulting with its counsels after Vodafone won the case against India over a retrospective tax demand of more than Rs 20,000 crore The Permanent Court of Arbitration (PCA) at The Hague. ....

Despite a status quo in key lending rates, the Indian equity indices remained in the green during Friday's afternoon trade session. ....

In a first for India, the Mumbai Metro Rail Corporation Ltd. (MMRCL) will lay vibration-absorbing tracks on the Colaba-Bandra-SEEPZ Line 3, an official said here on Wednesday. ....

The RBI has proposed to allow settlement files of payment systems viz., AePS, IMPS, NETC, NFS, RuPay, UPI to be posted to the apex bank on all days of the year. ....

The scrutiny of the credit sanctions in the ICICI-Videocon loan case by the Reserve Bank of India (RBI) has highlighted these sanctions to Videocon Group between June 2009 and April 2012, when Chanda Kochhar was the bank's Managing Director and CEO, were an "imprudent decision" and a clear case of "conflict of interest on her part", as per the Enforcement Directorate charge sheet. ....

To encourage retail participation in the government securities (G-Sec) market, the Reserve Bank of India (RBI) on Friday decided to give investors direct access to the G-Sec market. ....

A new research by Australia's Griffith University has found cancer, chronic kidney disease, diabetes and hypertension are the four main comorbidities leading to Covid-19 deaths. ....

Senior citizens dominated the vaccination drive in the national capital on Friday as out of 27,057 people who recived vaccine shots, 14,874 were above the age of 60 years, the health and family welfare department said. ....