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RBI did not increase CD ratio in Tripura: Minister RBI did not increase CD ratio in Tripura: Minister Despite requests by Tripura government, Reserve Bank of India (RBI) or Union Finance ministry has not taken initiative to increase Credit Deposit Ratio of the nationalised banks operating in the state, Tripura Finance Minister Badal Chowdhury told the assembly Tuesday.
RBI eases overseas borrowing rules in housing, aviation sector RBI eases overseas borrowing rules in housing, aviation sector The Reserve Bank Tuesday eased overseas borrowing norms to allow companies access to cheaper funds for key infrastructure sectors.
Don't staple, issue only clean notes: RBI to banks Don't staple, issue only clean notes: RBI to banks The Reserve Bank has directed banks to do away with stapling of note packets and issue only clean currency notes to the public.
RBI puts restrictions on gold imports by banks RBI puts restrictions on gold imports by banks With gold imports putting pressure on the current account deficit, the Reserve Bank Monday imposed restrictions on import of the yellow metal by banks.
RBI yet to order banks to clear dues of armed forces pensioners RBI yet to order banks to clear dues of armed forces pensioners Despite the Reserve Bank of India (RBI) ordering banks to clear all dues of armed forces pensioners, the former is yet to hand over these amounts.
RBI gears up for plastic notes as 20% paper bills get soiled RBI gears up for plastic notes as 20% paper bills get soiled As the Reserve Bank gears up for a trial of plastic currency notes, it has to dispose of soiled paper currency bills worth an estimated amount of over Rs two lakh crore a year.
Resolution authority on cards to deal with financial distress: RBI Resolution authority on cards to deal with financial distress: RBI The Reserve Bank on Thursday said that a proposal is afoot to set up a resolution authority to deal with the widespread distress caused by failure of financial institutions.
Islamic banking not consistent with existing laws: RBI Islamic banking not consistent with existing laws: RBI The Reserve Bank on Thursday said Islamic banking is not consistent with current banking laws in India.
RBI to launch plastic currency notes soon RBI to launch plastic currency notes soon Australia and Singapore have introduced plastic currencies.
Present laws do not permit Islamic banking: RBI Present laws do not permit Islamic banking: RBI Reserve Bank Governor D Subbarao on Wednesday said the present laws do not permit Islamic banking in the country, but a suitable legislation can create space for this important business model.
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