You Searched For "RBI Act" and got 15 results
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1 min read
Declaring ‘Wilful Defaulter’ By Banks Unconstitutional: Gujarat High Court
The judgment noted, "The RBI circular is required to have the phrase ‘in public interest’ or ‘in in…
2 mins read
Question of autonomy — As the Indian government tries to strong arm the country’s central bank, its governor threatens to resign
By putting that section in play, the government can issue orders to the central bank, which …
2 mins read
Transfer of surplus money from RBI in future to depend on income, expert panel suggestions: FM
New Delhi, Nov 18 () Finance Minister Nirmala Sitharaman on Monday said transfer of surplus reserve…
PTI
2 mins read
Need for non-collateralized reverse repo operations: SBI Report
"Given that 2020 is going to be an exceptional year with government borrowings set to jump, we bel…
PTI
5 mins read
RBI can argue its case on inflation control say experts
The RBI's Monetary Policy Committee (MPC) will meet on November 3 to discuss what it would tell …
1 min read
RBI starts making public minutes of its board meetings
Mumbai, Jan 21 () The RBI has started making public minutes of its board meetings as part of its ex…
PTI
1 min read
Yes Bank resolution to be done "very swiftly"; 30 days outer limit: RBI guv
"A market-led and bank-led resolution of the problem is always preferable. You have to give time t…
PTI
1 min read
Yes Bank resolution to be done "very swiftly"; 30 days outer limit: RBI Guv
"A market-led and bank-led resolution of the problem is always preferable. You have to give time t…
PTI
2 mins read
Will the views of RBI MPC members converge or diverge at Nov 3 meeting?
The reason being that at the MPC meeting held in September, one member voted against the resolut…
1 min read
Google Pay not a payment system operator: RBI to HC
The RBI's submissions came in response to a PIL by financial economist Abhijit Mishra who has alleg…
PTI
2 mins read
RBI extends Rs 60,000-cr credit line to Yes Bank
As per Section 17 of RBI Act 1934, the central bank can provide liquidity support to any lender in…
PTI
1 min read
RBI saw growth slowdown, acted ahead of time by cutting rates from Feb: Das
Mumbai, Dec 16 () RBI Governor Shaktikanta Das on Monday said the central bank had acted ahead of t…
PTI
1 min read
RBI Could Have Taken Action Against Ponzi Companies: Enforcement Directorate
Section 58 B of the RBI states, "Whoever in any application, declaration, return, statement, inform…
2 mins read
RBI should be given full power to regulate co-op banks: Marathe
New Delhi, Nov 17 () RBI Central Board Director Satish Marathe has asked the government to give ful…
PTI
1 min read
HDFC gets RBI nod to acquire 9.5% stake in IndusInd Bank
The Reserve Bank of India (RBI) has approved HDFC Bank's proposal to acquire an up to 9.5 per cent …