Rupee: Rupee hits file low of 83.30/$
MUMBAI: The rupee fell to a file low within the final minute of commerce on Wednesday, on the again of heavy demand for the greenback and elevated US yields. It…
Greater than 97 p.c of Rs 2,000 notes returned: RBI
MUMBAI: The Reserve Financial institution on Wednesdays stated greater than 97 per cent of the Rs 2,000 banknotes in circulation have been returned to the banking system, and solely Rs…
RBI Regulation: Cross-border fee companies to fall below RBI’s regulatory internet
MUMBAI: The RBI on Tuesday mentioned all entities facilitating cross-border fee transactions for import and export of products and companies will probably be straight regulated by it. The brand new…
Business: Credit score development to business decelerated, improved for agriculture in September: RBI
MUMBAI: The credit score development to business decelerated in September whereas it improved in case of agricultureand providers sectors, confirmed a Reserve Financial institution knowledge launched on Tuesday. Private mortgage…
Financial institution Holidays in November 2023: Banks to stay shut on as of late – test state-wise financial institution vacation listing
Financial institution Holidays November 2023 full listing: Throughout November, quite a few states in India will witness 15 financial institution holidays, which can have an effect on banking operations. The…
Rbi: Rs 2,000 notes value Rs 10,000 crore left in system: RBI Governor
NEW DELHI: Reserve Financial institution Governor Shaktikanta Das on Friday stated Rs 2,000 denomination notes are coming again and solely Rs 10,000 crore value of such notes are nonetheless with…
Excessive frequency indicators present acquire in development momentum: RBI
MUMBAI: Excessive-frequency indicators level to a broad-based gaining of development momentum, whereas moderating inflation bolsters macroeconomic fundamentals, the ‘state of the financial system’ report printed by RBI mentioned.Larger year-on-year development…
Banks: Banks disburse Rs 1,400 cr of loans below frictionless credit score platform: RBI ED
MUMBAI: Banks have disbursed over Rs 1,400 crore in loans below the ‘frictionless credit score’ platform since its launch on August 17, a senior Reserve Financial institution official mentioned on…
RBI slaps document Rs 12 crore effective on ICICI Financial institution over lapses
MUMBAI: The RBI has imposed a document penalty of practically Rs 12.2 crore on ICICI Financial institution for violation of lending guidelines and delays in reporting fraud. The penalty on…
Rupee at new low of 83.28/$ on crude fears
Mumbai: The rupee ended at a brand new closing low of 83.28 in opposition to the greenback regardless of sale of the US forex by RBI. The rupee got here…
