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Reserve Bank Of India

Reserve Bank Of India

The Reserve Bank of India is India's central banking institution, which controls the issuance and supply of the Indian rupee. Until the Monetary Policy Committee was established in 2016, it also controlled monetary policy in India.

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Petitions in SC seeking direction for contempt of court proceedings against RBI Governor, others
National

Petitions in SC seeking direction for contempt of court proceedings against RBI Governor, others

A number of petitions had been filed before the Supreme Court seeking its direction for initiation of contempt of court proceedings and punishing Reserve Bank of India Governor Shaktikanta Das, and others for allegedly and willfully violating the apex court's order/directions of September 3, 2020.

RBI open to examine proposal on bad banks: Shaktikanta Das
National

RBI open to examine proposal on bad banks: Shaktikanta Das

If there is any proposal of bad banks, the Reserve Bank of India (RBI) will examine the proposal, RBI Governor Shaktikanta Das during 39th Palkhiwala Memorial lecture on Saturday.

RBI sets up Working Group to study all aspects of digital lending activities in regulated, unregulated financial sector
National

RBI sets up Working Group to study all aspects of digital lending activities in regulated, unregulated financial sector

Reserve Bank of India (RBI) has set up a Working Group to study all aspects of digital lending activities in the regulated financial sector as well as by unregulated players so that an appropriate regulatory approach can be put in place.

RBI imposes Rs 2 cr fine on Deutsche Bank AG
Business

RBI imposes Rs 2 cr fine on Deutsche Bank AG

Mumbai, Jan 12 The Reserve Bank of India (RBI) on Tuesday imposed a penalty of Rs 2 crore ...

RBI cancels license of Vasantdada Nagari Sahakari Bank
Maharashtra

RBI cancels license of Vasantdada Nagari Sahakari Bank

The Reserve Bank of India (RBI) has cancelled the license of Vasantdada Nagari Sahakari Bank Ltd., Osmanabad to carry ...

Sensex falls 144 points, banking stocks fall
Business

Sensex falls 144 points, banking stocks fall

Mumbai, Jan 12 The key Indian equity indices traded on a negative note on Tuesday amid choppy trade, ...

Equity indices subdued, banking stocks dip
Business

Equity indices subdued, banking stocks dip

Equity benchmark indices were subdued during early hours on Tuesday due to drag in banking stocks after the Reserve Bank of India (RBI) said gross non-performing assets of the lenders may increase from 7.5 per cent in September 2020 to 14.8 per cent under severe stress.

RBI Guv raises concern over stretched valuation of financial assets
Business

RBI Guv raises concern over stretched valuation of financial assets

New Delhi, Jan 11 Raising concerns over a disconnect between the financial markets and the real economy, RBI ...

A gripping tale of one of modern India's biggest banking failures
National

A gripping tale of one of modern India's biggest banking failures

New Delhi, Jan 11 Who is Rana Kapoor and, more importantly, what role did he play in the ...

RBI says GNPAs may shoot up to 14.8 per cent by Sept under severe stress scenario
Business

RBI says GNPAs may shoot up to 14.8 per cent by Sept under severe stress scenario

The Reserve Bank of India (RBI) on Monday informed that Indian banks' total gross non-performing assets (GNPAs) may rise to 14.8 per cent under a severe stress scenario by September 2021 compared with 7.5 per cent in the year-ago period.

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