TheNewsClues
Clues by Admin • 9 Nov 2018, Friday
The government is asking the RBI to hand over a part of its surplus reserves for better utilisation, an official told reporters in New Delhi. The matter is expected to be taken up for discussion again at RBI’s ... Continue Reading
Read More at Livemint
Clues by Admin • 21 Aug 2018, Tuesday
The United Forum of Reserve Bank Officers and Employees said that its members will go on a mass casual leave on September 4 and 5, pressing their long-pending demands over pension-related issues. According to a press release, United Forum today held ... Continue Reading
Read More at The Economic Times
Clues by Admin • 17 Aug 2018, Friday
RBI Governor, Urjit Patel, NPCI adviser Nandan Nilekani and SBI chairman Rajnish Kumar on Thursday launched the upgraded version of Unified Payments Interface, UPI 2.0 developed by the National Payments Corporation of India (NPCI).  The latest version of UPI, has ... Continue Reading
Read More at Times Now
Clues by Admin • 16 Aug 2018, Thursday
To contain rising NPAs, RBI has started scrutiny of 200 large accounts to assess the level of stress and whether prudential norms have been followed by banks while provisioning for these stressed assets. It is also assessing classification, provisioning and debt ... Continue Reading
Read More at The Economic Times
Clues by Admin • 16 Aug 2018, Thursday
The government has asked RBI to review its dividend and capital conservation rules in order to generate higher dividend payout for the government. Last week, the RBI agreed to pay a dividend of Rs 50,000 crore to the government for the ... Continue Reading
Read More at Business Today
Clues by Admin • 9 Aug 2018, Thursday
The Indian rupee and bond prices on Thursday gained after the Reserve Bank of India (RBI) announced payment of Rs 50,000 crore dividend to government. The payment is 63% higher than previous year to government. The move will help the government to ... Continue Reading
Read More at Livemint
Clues by Admin • 8 Aug 2018, Wednesday
The RBI has cancelled licences of 368 Non-banking financial companies (NBFCs) in the six months ended June for failing to meet regulatory norms. The move is being seen as an attempt to clean up the sector, which has more than 11,402 entities, ... Continue Reading
Read More at Livemint
Clues by Admin • 8 Aug 2018, Wednesday
The value of transactions made through mobile wallets rose by 4.2% over May, to touch a record Rs 14,632 crore in June, RBI data released on Tuesday showed. In May, the transaction value stood at Rs 14,047 crore. However, the number of transactions ... Continue Reading
Read More at Livemint
Clues by Admin • 7 Aug 2018, Tuesday
RBI sold $8 billion worth of US treasury notes in April–May, after the Fed raised rates, to meet the local dollar demand as FPIs started pulling out from the Indian markets and global crude and commodity prices started rising.&... Continue Reading
Read More at The Economic Times
Clues by Admin • 2 Aug 2018, Thursday
Pre-empting RBI’s move to raise the benchmark repo rate by 25 basis points to 6.5%, at least three banks — Union Bank of India, Kotak Mahindra Bank and Karnataka bank — increased their marginal cost of lending rates (MCLR). Union ... Continue Reading
Read More at The Economic Times
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