RBI directs cost companies to trace high-value, fishy transactions throughout elections
The Reserve Financial institution of India (RBI) has instructed all regulated cost firms to observe high-value or suspicious transactions through the common elections, as per a number of senior executives…
Disclose all mortgage charges upfront from Oct 1: RBI
MUMBAI: In a transfer to spice up transparency, RBI has requested all banks and finance firms to supply debtors with a key information assertion that features information on all charges…
RBI’s greenback gross sales hold Re from new lows
MUMBAI: RBI intervention within the overseas trade market by way of a sale of {dollars} prevented the rupee from weakening under 83.45 on Monday. Most Asian currencies weakened in opposition…
RBI: Rbi Rejects Tmb Proposal For Ceo Candidate | India Enterprise Information
CHENNAI: The anomaly over the successor of Tamilnad Mercantile Financial institution (TMB) MD and CEO S Krishnan continues as a proposal despatched by the financial institution suggesting three nominees for…
India foreign exchange reserves rise for seventh week to achieve recent peak
NEW DELHI: India’s overseas alternate reserves rose for the seventh straight week to hit a recent all-time excessive of USD 648.562 billion within the week ending on April 5, as…
Foreign money in circulation rises regardless of Rs 2,ooo observe withdrawal
MUMBAI: Regardless of the withdrawal of Rs 2,000 banknotes, the general worth of the foreign money in circulation elevated from Rs 33.5 lakh crore on the finish of March 2023…
Foreign exchange kitty jumps $2.98 billion to new excessive of $648.562 billion
MUMBAI: India’s foreign exchange reserves jumped by $2.98 billion to a contemporary peak of $648.562 billion for the week ended April 5, the RBI mentioned on Friday. Within the earlier…
Transmission of previous charge hikes nonetheless in course of: RBI
MUMBAI: RBI has stated that rate of interest transmission is incomplete as deposit charges are nonetheless rising and banks could have to relook on the low lending charges, supplied by…