Feb 23, 2020-Sunday

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Sunday, Feb 23, 2020


Feb 21, 2020 18:19
It is no secret that Yes Bank is in dire need of capital and in January, the private lender’s board approved raising funds of up to Rs 10,000 crore in one or more tranches through a qualified institutional placement (QIP), or any other private placement of equity or debt. read more
Feb 19, 2020 14:58
With this, the bank is also moving towards withdrawing a case concerning dilution of promoters’ shareholding in the bank which it had filed against the RBI in the Bombay High Court. read more
Feb 17, 2020 20:26
MSMEs play a significant role in economic development, in terms of contribution to employment generation, innovation, exports and inclusive growth, said the RBI official. read more
Feb 16, 2020 22:18
The Central Board of Directors of the RBI at its 582nd meeting reviewed the current economic situation, global and domestic challenges and various areas of operations of the Reserve Bank. read more
Feb 15, 2020 20:49
The decision to align RBI’s financial year with government’s fiscal year is in sync with recommendations of the Bimal Jalan Committee report, two officials with direct knowledge of the matter said. read more
Feb 15, 2020 14:02
Earlier this month, the central bank opted for a status quo on the benchmark interest rate, amid signs of soaring inflation and an uncertain global environment. read more
Feb 14, 2020 18:05
Outstanding loans rose 989.26 billion rupees ($13.86 billion) to 101.03 trillion rupees in the fortnight to Jan. 31. read more
Feb 13, 2020 00:43
While RBI’s \u20B91 tn credit window and exemptions from setting aside money as CRR will lower the cost of funds for banks, it won’t reduce interest rates for loans linked to the repo rate.Loans that are linked to external benchmarks such as the repo rate change only when there is a movement in the benchmark read more
Feb 11, 2020 09:03
The central bank has invited comments on the draft framework from all stakeholders by February 25. read more
Feb 07, 2020 00:57
Liquidity in the banking system is currently estimated at a surplus of a massive \u20B93.6 trillion read more
Feb 06, 2020 17:11
The Reserve Bank of India kept key policy rates unchanged, as expected, as it sought to support faltering economic growth and avoid stoking already heightened inflation levels. read more
Feb 06, 2020 10:13
According to traders, investors are bullish ahead of outcome of the Reserve Bank of India’s (RBI) sixth bi-monthly monetary policy statement for 2019-20. read more
Feb 06, 2020 06:30
Co-operative banks are currently under the dual control of the Registrar of Cooperative Societies and RBI read more
Jan 31, 2020 10:15
In the previous session, Sensex settled 284.84 points lower at 40,913.82, and Nifty closed 93.70 points down at 12,035.80 read more