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“ICC is cautiously optimistic” on the hike in repo rate

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President ICC Mr. Pradeep Sureka on the hike in repo rate has commented, "RBI hikes repo rate to contain inflation. Hence, ICC is cautiously...

PM Modi launches two innovative customer centric initiatives of RBI

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PM launches two innovative customer centric initiatives of RBI“One of the biggest touchstones of a democracy is the strength of its grievance redressal system....

BI-MONTHLY MONETARY POLICY REVIEW OF RBI

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BI-MONTHLY MONETARY POLICY REVIEW OF RBI At bi-monthly monetary policy review today, RBI has projected India's GDP growth at 9.5 percent for the ongoing Financial...

RBI Monetary Policy Committee keeps Repo rate unchanged at 4%

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RBI Monetary Policy Committee keeps Repo rate unchanged at 4%Economy projected to grow at 9.5% in 2021-22Rs. 15,000 crore liquidity support to contact-intensive sectors...

Quote of Zarin Daruwala, CEO, India, Standard Chartered Bank on today’s...

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April 17, 2020 Zarin Daruwala, CEO, India, Standard Chartered Bank, said, “Within a month, the RBI has delivered a second booster shot to the economy. RBI’s decisive...

PM lauds measures announced by RBI today; will enhance liquidity and...

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By PIB Delhi The Prime Minister, Shri Narendra Modi lauded the announcements made by RBI today and said these measures will enhance liquidity and improve...

Bank of Baroda links retail interest rate to RBI Repo Rate

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Bank of Baroda links retail interest rate to RBI Repo Rate Launches new home loan variant to pass on the transmission of rates Mumbai, August11, 2019:  Bank...

শিক্ষা ঋণ প্রকল্প গ্রহণ করার জন্য সমস্ত বাণিজ্যিক ব্যাঙ্কগুলিকে পরামর্শ আরবিআই...

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শিক্ষা ঋণ By PIB Kolkata নয়াদিল্লি, ২৫ জুন ২০১৯ রিজার্ভ ব্যাঙ্ক অফ ইন্ডিয়া (আরবিআই) ২০০১ সালে ইন্ডিয়ান ব্যাঙ্কস্‌ অ্যাসোসিয়েশনের প্রণয়ন করা শিক্ষা ঋণ প্রকল্প গ্রহণ করার জন্য...

Status Report in Chit Fund Scam – SARADA and others like...

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Status Report in Chit Fund Scam  The following Status Report has been received from Regulators and Enforcement Agencies: As informed by the Reserve Bank of India...

Bank Of India organized Business Review Meet in Kolkata

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Bank Of India organized Business Review Meet in Kolkata Kolkata, 19th May 2018: Bank Of India one of the largest PSU bank and first Indian bank...

Government and RBI have taken all steps to meet unusual demand...

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Government reviews the currency circulation in the country  Government and RBI have taken all steps to meet unusual demand of the currency  Adequate reserves of currency...

Reserve Bank of India (RBI) guidelines – banks are to have...

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Loan Recoverability of Banks  As per Reserve Bank of India (RBI) guidelines, banks are to have a loan recover policy, prepared and duly vetted by their boards....

Cyber Crime is the biggest threat for modern banks – RBI...

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Shri N.S. Viswanathan made a statement which is very important post ransomeware virus attack in the world. In a seminar on "Regulations and Financial...

Sovereign Gold Bond (SGB) scheme available on a weekly basis

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The Government of India in consultation with Reserve Bank of India (RBI) has decided to initiate the Sovereign Gold Bond (SGB) scheme on a...

People’s own bank “Bandhan Bank” Celebrated 2nd Year Anniversary – Ex...

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Dr.  D. Subbarao, Former RBI Governor, delivers inaugural Bandhan Bank Anniversary Lecture Kolkata, August 23, 2017: When Monali Thakur rocked the stage and every one...

NABARD celebrated 36th foundation day with the SHGs of Bengal at...

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NABARD celebrated 36th foundation day with the SHGs and awarded some of the winning performer with the mementos and certificate. Chief Guest of Honor Shri...

Government of India in consultation with RBI decides to issue Sovereign...

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Government of India in consultation with RBI decides to issue Sovereign Gold Bond Scheme 2017-18– Series II; Applications for the bond will be accepted...

India Gold Bond Update – Government to issue Sovereign Gold Bonds...

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Government to issue Sovereign Gold Bonds 2016 -17 – Series IV; Applications for the bond to be accepted from February 27, 2017 to March...

Amounts exceeding Rs.5000 in old notes can be deposited only once...

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Amounts exceeding Rs.5000 in old notes can be deposited only once between now and 30th December, 2016 The deposits of old notes of Rs.500 and...

RBI Guideline for Marriage related withdrawal of money from bank till...

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RBI issued fresh notice for withdrawal of 2.5 lakhs as expense for marriage from banks ony from KYC complaint accounts. Full text of the notice: RBI/2016-17/145 DCM...