MillenniumPost

RBI exempts banks from opening on Apr 1 on annual closing

29 March 2017 10:46 AM GMT
In its earlier directive on March 24, the RBI had asked all authorised banks to be open on all days from March 25 to April 1, including Saturday, Sunday and all holidays, to facilitate the government's receipts and payments.

Farm loan waiver affects credit discipline: RBI

23 March 2017 11:19 AM GMT
Echoing State Bank of India chief Arundhati Bhattacharya's views, Reserve Bank of India (RBI) Deputy Governor S.S. Mundra on Thursday expressed...

SBI officials held for violating RBI guidelines

22 March 2017 10:38 AM GMT
The CBI has arrested two senior State Bank of India (SBI) officials for misappropriating funds of around Rs 12.40 lakh by violating the RBI guidelines...

Approval given to print plastic Rs. 10 notes: Govt

17 March 2017 4:30 PM GMT
The government on Friday said the RBI has been authorised to conduct field trials of plastic notes of Rs 10 that have a longer life span. In a written...

ICICI Bank, SBI saw most frauds in first 3 quarters

12 March 2017 2:59 PM GMT
ICICI Bank topped the list of banks that witnessed most number of frauds during April-December period of 2016 with state-owned SBI taking the second...

Your Rs10 will have more security

9 March 2017 2:15 PM GMT
The Reserve Bank of India (RBI) on Thursday said it will shortly issue new Rs 10 denomination currency notes, while clarifying that the old Rs 10...

PIL not a weapon to challenge financial decisions: RBI to HC

5 March 2017 12:01 PM GMT
Public interest litigation (PIL) cannot be used as a "weapon to challenge financial or economic decisions", the RBI has told the Delhi High Court...

RBI Governor gets threat mail, sender held in Nagpur

5 March 2017 8:01 AM GMT
Reserve Bank of India Governor Urjit Patel allegedly received a threat mail asking him to quit the job from a 37-year-old man, who has been arrested...

Can't disclose if Jaitley was consulted on note ban: FinMin

5 March 2017 5:43 AM GMT
The Finance Ministry has refused to disclose whether its boss Arun Jaitley was consulted before the announcement of demonetisation by Prime Minister...

India seeks Nepal's commitment over Curbing black money

2 March 2017 1:10 PM GMT
Experts have estimated that banned Indian currency notes worth billions have been hoarded by the public and traders in Nepal.

RBI to hold monetary policy meeting today

24 July 2012 11:40 PM GMT
Ahead of its quarterly monetary policy review, the Reserve Bank of India (RBI) will hold a meeting on Tuesday to firm up the policy action against the...

RBI pitches for producer price index

18 July 2012 1:06 AM GMT
The Reserve Bank of India [RBI] governor D Subbarao on Tuesday proposed a producers price index [PPI] saying that the present structure of measuring...
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