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About 600 results for "the reserve bank of india"

India's pace of growth to accelerate in 2018-19: RBI governor

Asserting that the Indian economy turned in a resilient performance in 2017-18, Reserve Bank of India (RBI) Governor Urjit Patel has said the country's growth is expected to accelerate next fiscal.Patel was addressing the International Monetary Finance ... Business Standard, 23 hours ago

213 images for the reserve bank of india

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Aadhaar seeding must for bank accounts under KYC norms: RBI

The Reserve Bank of India has made linking of national biometric ID Aadhaar to bank accounts mandatory as part of its updated 'Know Your Customer (KYC)' guidelines.This, however, will be subject to the final decision of the Supreme Court on making of Aadhaar mandatory, RBI said in a circular late on Friday night.Till now, an Officially Valid Document (OVD) for address proof together with Permanent Account Number (PAN) issued by the Income Tax department and a recent passport size photograph ...
 Rediff.com1 day ago
Money Control

RBI asks payment operators to store data only in India, comply by October 15

The Reserve Bank of India has released guidelines on Friday asking all payment system operators to ensure that data is stored only within the country, and comply with the order by October 15, 2018.
 Money Control2 weeks ago Firms irked by RBI's order to store payments data in India  Rediff.com2 days ago RBI directs all payment companies to store data locally, gives them 6 months to comply  Medianama2 weeks ago

Yes Bank gets RBI nod to open offices in London, Singapore

Private sector lender Yes Bank today said has received Reserve Bank of India's (RBI) approval to open two representative offices in London and Singapore."This is a significant development in the overall augmentation of Yes Bank's business model and will help ...
 Business Standard2 days ago

Empty ATMs: RBI Governor should quit, demands Bank Employees' Association

Chennai: The All India Bank Employees' Association (AIBEA) on Thursday demanded Reserve Bank of India Governor Urjit Patel quit as the central bank is grossly negligent on several issues, including the cashless ATMs across the country. In a statement issued ...
 Sify2 days ago

Lenders need to be proactive in monitoring borrowers: RBI

Pune: Amid a recent surge in payment delays and loan defaulting, Reserve Bank of India (RBI) Deputy Governor N.S. Vishawanathan said lenders need to be proactive in monitoring their borrowers and identifying financial stress, using a combination of leading ...
 Sify2 days ago

Normal monsoon may prompt rate cuts by RBI in Aug: Report

Following normal monsoon forecast, the Reserve Bank of India is expected to go for a 25 basis points rate cut in key rates in its policy review meet in August, says a report.According to a Bank of America Merrill Lynch, normal rains should help to push rural demand, especially after a relatively poor rabi harvest. "We grow more confident of our call of a 25 bps RBI rate cut on August 1 after the India Met forecast? a normal south-west monsoon at 97 per cent of long period average," the global ...
 Rediff.com4 days ago

Transporting currency to areas with unusually high cash withdrawals: RBI

New Delhi: The Reserve Bank of India on Tuesday said that it is "taking steps to move currency to areas" which have witnessed unusually large cash withdrawals. "The shortage may be felt in some pockets largely due to logistical issues of replenishing ATMs ...
 Sify4 days ago

RBI penalty not to have any material impact: IDBI Bank

State-run IDBI Bank on Thursday said a Rs 3 crore penalty imposed on it by the Reserve Bank of India (RBI) "will not have any material impact" on it. According to a BSE filing by IDBI Bank, the RBI imposed a Rs 3 crore penalty on it for non-compliance of ...
 SME Times1 week ago Reserve Bank of India imposes Rs 30 mn penalty on IDBI Bank  Myiris1 week ago RBI slaps Rs.3 Cr monetary penalty on IDBI bank  Rediff.com1 week ago RBI slaps Rs 3 crore penalty on IDBI bank  DNA1 week ago

RBI asks Axis Bank to reconsider CEO's Shikha Sharma reappointment

The Reserve Bank of India (RBI) has reportedly asked the Axis Bank to reconsider the appointment of CEO Shikha Sharma for the fourth term.
 DNA2 weeks ago Markets cheer decision to curtail Axis Bank CEO's tenure  Rediff.com1 week ago Axis Bank CEO Shikha Sharma wants new term cut short  Rediff.com1 week ago Axis Bank CEO Shikha Sharma seeks to cut short new tenure  Rediff.com1 week ago
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