RBI decides to relax norms for exporters

Will continue to manage exchange rate to curb excessive volatility email this article Subject line: Your Email: Send me a copy: Recipients Id: Type address separated by commas Enter the characters shown in the image. The Reserve Bank of India ( RBI) has ...

The Reserve Bank of India may take some time to act against banks violating the know-your-customer (KYC) norms, according to Rajiv Takru, Secretary, Department of Financial Services. We should not expect any action from the RBI in the next week or 10 days.

KOLKATA: The Reserve Bank of India (RBI) has asked state governments to cooperate with central agencies in sharing information and documents relating to ponzi companies operating under the garb of multi- level marketing (MLM)

Home > India > Report Where were you when chit funds cheated people, panel asks RBI Saturday, May 25, 2013, 9:23 IST | Place: New Delhi | Agency: DNA Ashutosh Kumar D Subbarao The parliamentary standing committee on finance on Friday questioned Reserve Bank ...

Never before has banking and the role it plays in the prospects of an economy been more apparent than now. What is more, the spotlight on this sector has only heightened in recent times as unscrupulous practices by banks and financial institutions spawned the ...

Reserve Bank of India Governor D. Subbarao, on Friday, briefed a Parliamentary panel on regulatory issues concerning the recent chit-fund scam in West Bengal and discussed steps that could be taken to prevent recurrence of such frauds. According to sources, ...

Rupee is likely to depreciate to 56/USD going ahead depending on the global cues, dollar demand and the capital flows in the country.

The Karnataka High Court on Thursday ordered issue of notices to the Union government, the Reserve Bank of India and the Amanath Bank on a batch of petitions filed by banks depositors seeking permission to withdraw their money. Vacation judge Justice H.

Reserve Bank of India (RBI) governor D. Subbarao went against the views of the majority of external members in the technical advisory committee (TAC) when he reduced the policy rate by 25 basis points (bps) to 7.25% on 3 May. One bps is 0.01%.