Tag Archives: RBI

[ad_1] With a further extension of the national blockade, the RBI is considering a proposal to extend the bank loan moratorium for another three months to help people and industry affected by the continued blockade to contain COVID-19. According to sources, suggestions from various sectors, including the Association of Indian …

[ad_1] The Reserve Bank of India (RBI) has indicated that it will relax banks in branch audit for 2019-20 as they face branch network management challenges due to blocking of the coronavirus. RBI Governor Shaktikanta Das met Saturday with the heads of major banks, both public and private, in two …

[ad_1] The Reserve Bank of India (RBI) on Saturday canceled the license of Mumbai-based CKP Co-operative Bank Ltd. The license of CKP Co-operative Bank Ltd was canceled with the impact of the closure of the company on April 30, 2020, because the monetary place of the financial institution had worsened. …

[ad_1] New Delhi: The Governor of the Reserve Bank of India, Shaktikanta Das, held a meeting on Saturday with the heads of the banks and reviewed the economic situation and the implementation of various measures announced by him to reduce stress in the financial system amid the COVID-19 crisis. The …

[ad_1] NEW DELHI: Governor of the Reserve Bank of India (RBI) Shaktikanta Das held a meeting on Saturday with the heads of the banks and reviewed the economic situation and the implementation of various measures announced by him to reduce stress on the system financial in the midst of the …

[ad_1] RBI Archive Image | (Photo credits: PTI) Mumbai, May 2: Fear and panic seized the clients of the CKP Cooperative Bank in Mumbai after the Reserve Bank of India (RBI) canceled the bank’s license due to poor financial health and growing debt. Reports report that the central bank revoked …

[ad_1] Coronavirus Outbreak LATEST Updates: A 68-year-old patient who had tested positive for COVID-19 had passed away in Pune. The cause of death is reported to be an acute respiratory failure due to ARDS with Myocarditis with COVID-19 infection. Meanwhile, Reserve Bank of India Governor Shaktikanta Das is expected to …

[ad_1] MUMBAI: The RBI on Monday provided a special facility with an initial corpus of Rs 50,000 crore for mutual funds to borrow through the banking channel. The surprise move by Franklin Templeton MF last week to liquidate six of its debt funds, which managed about Rs 25.9 billion before …

[ad_1] Mumbai: The capital markets regulator and RBI went into action over the weekend to assess the damage and contain the consequences of Franklin Templeton’s decision to close six debt funds. To encourage banks to lend more, the RBI can modify rules that limit the amount it absorbs from banks …

[ad_1] Asset managers are cutting back on bad investments, seeking bank loans and a liquidity intervention from the Reserve Bank of India (RBI) to stem the consequences of large repayments. As of April 23, four fund houses had borrowed ₹Rs 4,427.68 million to manage bailout pressure, according to the Mutual …