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RBI hikes gold loan limit for UCBs to Rs 2 lakh

India Infoline News Service  | Mumbai October 31, 2014 17:16 IST

The period of the loan shall not exceed 12 months from the date of sanction.

Its time to 'get cracking' on reforms: RBI

India Infoline News Service  | Mumbai October 29, 2014 16:36 IST

Now is the time to relax labour laws and make it easier to acquire land and implement goods and services tax, RBI says

RBI seeks feedback on draft criteria to use Depositor Education Fund

India Infoline News Service  | Mumbai October 29, 2014 14:36 IST

The draft proposes that agencies already in bank depositors' education and awareness can be considered for assistance from the Depositor Education Fund.

KYC norms: RBI clarifies on proof of residences

India Infoline News Service  | Mumbai October 27, 2014 16:28 IST

The RBI said that banks are advised to ensure that customers are not unnecessarily asked to submit additional proofs of addresses for current addresses

Banks to partially freeze KYC non-compliant accounts: RBI

India Infoline News Service  | Mumbai October 27, 2014 12:00 IST

If the accounts are KYC non-compliant after six months of imposing initial 'partial freezing' banks may disallow all debits and credits from/to the accounts, RBI says

RBI will stay on hold for a while: HSBC Global

India Infoline News Service  | Mumbai October 20, 2014 11:30 IST

The RBI looks increasingly able to reach its January 2016 target of 6% headline CPI growth, HSBC Global Research says.

RBI signs MoU with Central Bank of Kenya

India Infoline News Service  | Mumbai October 17, 2014 15:09 IST

The Reserve Bank has signed 22 such MoUs and one Letter for Supervisory Co-operation.

RBI Central Board review banking issues

India Infoline News Service  | Mumbai October 17, 2014 14:59 IST

RBI Governor Raghuram Rajan chaired the meet.

Persistent Systems gains after RBI removes foreign buying restriction

capital market  | Mumbai October 16, 2014 09:19 IST

Persistent Systems rose 1.51% to Rs 1,450 at 9:21 IST on BSE after the central bank removed restriction on purchase of shares by foreign institutional investors in company.

RBI to hold on its policy rates this year: ING Vysya Bank

India Infoline News Service  | Mumbai October 14, 2014 17:46 IST

We expect RBI to assess the diminishing upside risks to its 6% target closely, ING Vysya Bank says

Address proof enough for KYC: RBI

India Infoline News Service  | Mumbai October 14, 2014 17:18 IST

Banks are advised to ensure that customers are not unnecessarily asked to submit additional proofs of addresses

UCBs implementing core banking will be termed as financially sound: RBI

India Infoline News Service  | Mumbai October 14, 2014 17:16 IST

Full implementation of core banking solution will be included as an additional criterion for classifying an urban co-operative bank, RBI says

UPL gains after RBI removes foreign buying restriction

capital market  | Mumbai October 14, 2014 10:14 IST

UPL rose 3.85% to Rs 347.90 at 10:12 IST on BSE after the central bank removed restriction on purchase of shares by foreign institutional investors in company.

RBI eases norms for metro ATM users

India Infoline News Service  | Mumbai October 13, 2014 14:55 IST

Six metros include Mumbai, New Delhi, Chennai, Kolkata, Bangalore and Hyderabad

Indian cos raise $10.3bn in April-July: RBI

India Infoline News Service  | Mumbai October 13, 2014 12:23 IST

For fixed rate loans, the minimum rate came down nearly 200 basis points to 10.5% in the four months to July

ICICI Bank associates RBI organizes 'Electronics Banking Awareness and Training (e- BAAT)'

India Infoline News Service  | Mumbai October 13, 2014 10:13 IST

The programme aims to facilitate increased usage of electronic banking products and digital banking channels like internet and mobile banking by creating awareness among the Bank's customers about their usage.

RBI releases its Monthly Bulletin for October 2014

India Infoline News Service  | Mumbai October 10, 2014 18:48 IST

This article presents the estimated monthly seasonal factors of selected 85 major macroeconomic series

RBI invites suggestions for use of unclaimed deposits in small savings

India Infoline News Service  | Mumbai October 10, 2014 16:34 IST

Harun Khan, Deputy Governor, RBI is the Chairman of this committee

India Official: RBI and Government Will Cooperate on Inflation

Dow Jones News Service  | Mumbai October 10, 2014 12:42 IST

India Official: RBI and Government Will Cooperate on Inflation

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