New Delhi: Currency notes of Rs 2,000 were not printed at all in financial year 2019-20, according to the Reserve Bank of India (RBI). The central bank’s Annual Report for 2019-20 also
Mumbai: The Reserve Bank of India (RBI) Board on Friday approved the transfer of Rs 57,128 crore surplus to the Central government for FY20. The decision was taken at the 584th meeting
New Delhi: The Centre has brought all urban and multi-state cooperative banks under the direct supervision of the Reserve Bank with President Ram Nath Kovind promulgating the Banking Regulation (Amendment) Ordinance, 2020.
New Delhi: The Union Cabinet on Wednesday decided to bring all co-operative banks under the Reserve Bank of India through an ordinance. This was announced by Union information and broadcasting minister Prakash
Mumbai: The Reserve Bank of India (RBI) on Friday slashed interest rates, extended moratorium on loan repayments and allowed banks to lend more to corporates in an effort to support the economy
The Reserve Bank of India (RBI) said on Friday the three-month moratorium on payment of instalments on term loans to banks, non-bank financial institutions (NBFCs), including housing finance companies, and other financial
The Reserve Bank Of India Governor Shaktikanta Das adressed the media on Friday, days after Union Finance Minister Nirmala Sitharaman announced the Rs 20 lakh crore stimulus package for the coronavirus-hit economy.
Mumbai: With the government extending the nationwide lockdown till May 31, the Reserve Bank of India (RBI) is likely to extend the moratorium on repayment of loans for three more months, according
The Reserve Bank of India (RBI) on Friday cut the reverse repo rate from 4% to 3.75% but has kept the repo rate, the benchmark interest rate, unchanged, its governor Shaktikanta Das
New Delhi: Former RBI Governor Raghuram Rajan has said that due to the coronavirus crisis, India currently faces the greatest economic emergency since its independence and the country should have a plan
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