Tag: The Reserve Bank of India
RBI Fines Punjab National Bank For Breach Of Rules
The Reserve Bank of India (RBI) said on Friday that it has imposed a penalty of Rs 1.32 crore on Punjab National Bank for non-compliance with regulations on ‘Loans and Advances – Statutory and Other Restrictions’ and breach of KYC norms.....
Many ATMs Run Dry But Queues Get Shorter
The Reserve Bank of India (RBI) hiked the limit on daily withdrawal from ATMs from Rs 4,500 to Rs 10,000, but a day after the decision many ATMs across the national capital were without cash.....
RBI Maintains Status Quo On Key Lending Rate
India's central bank on Wednesday kept its key lending rates unchanged, as it shifted its monetary policy stand from accommodative to neutral citing inflationary fears and global uncertainties.....
RBI Maintains Key Lending Rate At 6.25%
The Reserve Bank of India (RBI), in its first bi-monthly monetary policy review of 2017-18, on Thursday kept its key lending rate unchanged at 6.25 per cent, saying it awaited further macroeconomic data before making changes.....
Submit Records Connected With 2016 Demonetisation Decision: SC To Centre
The Supreme Court on Wednesday directed the Centre and the Reserve Bank of India (RBI) to submit relevant records in connection with the government's 2016 demonetisation decision for its perusal. ....
RBI To Keep Watch On Long-term Data For Rate Cuts: HDFC CEO
The Reserve Bank of India (RBI) will keep a close watch on certain data like crude oil prices, US economic data and monsoon, to consider a future cut in its lending rates, Vice Chairman and Chief Executive Officer of HDFC Keki Mistry said.....
RBI Comes Out With New Corrective Action Plan For Banks
The Reserve Bank of India (RBI) on Thursday said capital, asset quality and profitability would be the basis of the Prompt Corrective Action (PCA) framework on which the banks would be monitored and has defined three kinds of risk thresholds.....
