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Protecting Customers -Safeguarding Stability: RBI

India Infoline News Service  | Mumbai September 19, 2014 15:08 IST

Customers need to be enabled to navigate the financial markets to make choices appropriate to their needs Dr. Deepali Pant Joshi said.

RBI to manage without the need to return paid govt cheques to depts

India Infoline News Service  | Mumbai September 19, 2014 14:57 IST

According to RBI, the government cheques would be paid in CTS clearing based on their electronic images

RBI eases norms for issuance of equity shares under FDI

India Infoline News Service  | Mumbai September 18, 2014 11:17 IST

The RBI norms allow issuance of shares subject to certain conditions like entry route, sectoral cap, pricing guidelines and compliance

Banks to issue cards only if more POS machines are installed: RBI

India Infoline News Service  | Mumbai September 17, 2014 16:30 IST

"There are a huge number of cards available, however card acceptance infrastructure has to be created," Khan adds

Final norms for on tap bank licences this fiscal: RBI

India Infoline News Service  | Mumbai September 16, 2014 17:20 IST

The RBI has received public comments on small and payment banks and is reviewing the same

Yes Bank falls further; FIIs need RBI nod to buy shares

India Infoline News Service  | Mumbai September 15, 2014 11:46 IST

In the early morning trade, the bank's shares were down 3% to Rs. 616 on BSE

India's external debt stock up 7.6% at end-March 2014: RBI

India Infoline News Service  | Mumbai September 11, 2014 14:31 IST

The short-term debt as at end-March 2014 declined by US$ 7.5bn or 7.7% over the previous year level

Banks to take action against guarantors of wilful defaulters: RBI

India Infoline News Service  | Mumbai September 10, 2014 18:18 IST

Where guarantees provided by group companies for their defaulting units are not honoured, banks are free to classify the guarantor as a wilful defaulter, RBI says

RBI directive to banks on KYC norms for medium & low risk customers

India Infoline News Service  | Mumbai September 10, 2014 16:15 IST

Apply client due diligence measures to existing clients at an interval of two/eight/ten years in respect of high/medium/low risk clients respectively, the RBI says

FPIs to hedge against coupon receipts of debt: RBI

India Infoline News Service  | Mumbai September 09, 2014 16:34 IST

The step has been taken to enhance the hedging facilities for FPIs holding securities under the Portfolio Investment Scheme

70 yrs upper age for private bank CEOs, MDs: RBI

India Infoline News Service  | Mumbai September 09, 2014 16:21 IST

It has been decided that the upper age limit for MD & CEO and other WTDs of banks in the private sector should be 70 years, RBI said

Bank-based finance to ensure well-balanced growth: RBI

India Infoline News Service  | Mumbai September 04, 2014 10:09 IST

Bank-based finance has a special role to play for many economies in need of capital, and thus helps to ensure a well-balanced growth process

RBI sets up Supervisory Colleges for Axis Bank

India Infoline News Service  | Mumbai September 04, 2014 09:22 IST

R Gandhi in his address stated that some of the Indian banks have started touching the lives of people and enterprises in overseas jurisdictions and have assumed a certain degree of relevance for the host nations economy.

RBI revises norms for buying weak UCBs by commercial banks

India Infoline News Service  | Mumbai September 04, 2014 09:12 IST

The revised guidelines require that big depositors holding deposits in excess of Rs 1 lakh each will sacrifice in proportion to the deposit erosion of the target bank

RBI eases norms for ECB lenders to extend loans in rupees

India Infoline News Service  | Mumbai September 04, 2014 09:05 IST

The lender should mobilise Indian Rupees through swaps undertaken with a bank in India

Banks' capital adequacy ratio fall to 13%: RBI

India Infoline News Service  | Mumbai September 03, 2014 17:13 IST

Public-sector banks' average capital adequacy ratio falls to 10.67 per cent as of the quarter ended June, compared with 11.18 per cent in March

Pvt non-financial cos' sales contracted in 2013-14: RBI

India Infoline News Service  | Mumbai September 03, 2014 15:23 IST

Overall expenditure growth declined due to a fall in the growth rates of raw material expenses and staff costs

India's forex reserves declines $810mn: RBI

India Infoline News Service  | Mumbai September 02, 2014 12:01 IST

India's reserve position with the International Monetary Fund was down $7.9 million to $1.69 billion for the week ending August 22

Forex reserves increase for Q3 in April-June 2014: RBI

India Infoline News Service  | Mumbai September 02, 2014 11:47 IST

The valuation gain amounted to $0.7 billion during April-June 2014 as compared to a loss of $9.2 billion during the same period of the preceding year

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