Tag: RBI
Cash Withdrawal Limit To Be Rs 50,000 From February 20; No Limit From March 13
The limits on savings bank cash withdrawals post-demonetisation are to be withdrawn in two stages, the Reserve Bank of India announced on Wednesday, with the limit slated to go up to Rs,50,000 per account from February 20 and to cease from March 13.....
Situation Is Almost Normal After Note Ban: Jaitley
Union Finance Minister Arun Jaitley on Thursday said the situation in the country is "almost normal" after the November 8 demonetisation move.....
RBI Maintains Key Lending Rate At 6.25%
The Reserve Bank of India (RBI), in its first bi-monthly monetary policy review of 2017-18, on Thursday kept its key lending rate unchanged at 6.25 per cent, saying it awaited further macroeconomic data before making changes.....
RBI Issues New Framework For Bad Loans
The Reserve Bank of India (RBI) has issued a new set of enabling provisions to resolve the problem of banks' mounting non-performing assets (NPAs), or bad loans.....
Parliamentary Panel Summons RBI Governor Again
Reserve Bank of India (RBI) Governor Urjit Patel has been summoned by Parliamentary Standing Committee on Finance to appear before it on May 25 on the demonetisation issue.....
Video: RBI To Get Power, Ordinance To Tackle Bad Loans Cleared
In an attempt recover Rs 6 lakh crore worth of non-performing assets (NPAs) in the banking system Union Cabinet, led by Prime Minister Narendra Modi approved a Ordinance on Wednesday.....
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RBI Reduces Key Lending Rate By 25 Basis Points
Subdued inflation and demand prompted India's central bank, RBI, on Wednesday to reduce its key lending rate by 25 basis points (bps).....
RBI Maintains Key Rates, But Eases Liquidity
Rising inflationary pressure and concerns over "fiscal slippage" prompted India's central bank, the RBI, on Wednesday to maintain its key lending rates.....
November Inflation Up At 4.88%, Factory Output Growth Dips
A sharp spurt in food and fuel prices pushed India's annual retail inflation in November over the RBI's median level of 4 per cent, even as factory output growth in October contracted to 2.2 per cent official data showed on Tuesday.....
India's Wholesale Price Inflation Eases To 3.58% In December
India's annual rate of inflation based on wholesale prices eased to 3.58 per cent in December, official data showed on Monday.....
