Advertisement


Reserve Bank Of India (rbi)
India  /  Published 25.06.19

RBI confirms deputy governor Viral Acharya’s resignation

Viral V. Acharya has resigned as deputy governor of the Reserve Bank of India six months before the end of his term for “personal reasons” — a development that foreshadowed fresh disagreements w...
By Our Special Correspondent in Mumbai

Business  /  Published 24.03.20

Coronavirus lockdown: Waiver on ATM fees

Union finance minister Nirmala Sitharaman on Tuesday announced that individuals will not be charged for withdrawals made at other bank ATMs and that lenders will not penalise account holders for not h...
By Our Special Correspondent in Mumbai

Business  /  Published 20.06.19

RBI rate cut logic

Members of the RBI Monetary Policy Committee had flagged growth concerns, while voting unanimously for a reduction in the repo by 25 basis points earlier this month.The six-member MPC had on June 6 cu...
By Our Special Correspondent in Mumbai

Business  /  Published 17.03.20

Coronavirus concerns: Bad asset fears rise

The coronavirus pandemic has sparked concerns about a fresh surge in bad loans at India’s lenders, and the industry body representing the banks plans to appeal to regulators to provide some reprieve...
By Reuters in Mumbai

Business  /  Published 07.06.19

RBI relaxes default rules

The Reserve Bank of India has diluted its guidelines on stressed assets and has now mandated banks to undertake a review of a borrower’s accounts within 30 days of default, according to a circular i...
By Our Special Correspondent in Mumbai

Advertisement

Business  /  Published 15.03.20

Yes Bank AT1 bonds get written off

The holders of Yes Bank’s additional Tier-I bonds (AT1) — amounting to Rs 8,415 crore — will get no relief as the bonds will be written down in full and stand extinguished with immediate effe...
By Our Special Correspondent in Mumbai

Business  /  Published 13.03.20

Centre clears Yes Bank rescue plan

The Union cabinet on Friday has approved the reconstruction scheme of Yes Bank proposed by the RBI even as it raised the authorised share capital of the bank to Rs 6,200 crore against the apex bank’...
By Our Special Correspondent in New Delhi

Business  /  Published 12.03.20

Dollar swap drive to quell panic

The RBI on Thursday announced a dollar sell/buy programme that will provide banks the much needed foreign exchange to stem the freefall of the rupee that has plummeted to a 17-month low of Rs 74.28 at...
By Our Special Correspondent in Mumbai

Business  /  Published 12.03.20

Money safe in private banks: RBI to state govts

The Reserve Bank of India (RBI) has asked state governments not to transfer their deposits out of private sector banks saying apprehensions about the safety of deposits in private lenders are highly m...
By PTI in New Delhi

Business  /  Published 09.01.19

Yes shortlists Rana substitute

Yes Bank has finalised the names of the potential candidates for the position of chief executive officer (CEO) to replace incumbent Rana Kapoor, who has to demit office by the end of this month.In a f...
By Our Special Correspondent in Mumbai


Advertisement

Download our latest App

to get update on the go...

Advertisement

Advertisement
 
Copyright © 2020 The Telegraph. All rights reserved.