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Reserve Bank of India

Reserve Bank Of India's Monetary Policy Committee

Reserve bank of india's monetary policy committee, Latest News

The Reserve Bank of India is India's central bank and regulatory body under the jurisdiction of Ministry of Finance, Government of India. It is responsible for the issue and supply of the Indian rupee and the regulation of the Indian banking system. It also manages the country's main payment systems and works to promote its economic development.Until the Monetary Policy Committee was established in 2016, it also had full control monetary policy in India. It commenced its operations on 1 April 1935 in accordance with the Reserve Bank of India Act, 1934. The original share capital was divided into shares of 100 each fully paid. Following India's independence on 15 August 1947, the RBI was nationalised on 1 January 1949.
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Moody's upsets investors' mood, Sensex loses 330 pts (Roundup) - Hindi News | Moody's upsets investors' mood, Sensex loses 330 pts (Roundup) | Latest business News at Lokmattimes.com

Business :Moody's upsets investors' mood, Sensex loses 330 pts (Roundup)

Selling intensified towards the closing bell on Friday after markets digested Moody's downgrade of India's sovereign outlook from 'stable' to 'negative' citing increasing risks to the country's economic growth. ...

IDBI Bank issues public notice on Vijay Mallya as 'wilful defaulter' - Hindi News | IDBI Bank issues public notice on Vijay Mallya as 'wilful defaulter' | Latest business News at Lokmattimes.com

Business :IDBI Bank issues public notice on Vijay Mallya as 'wilful defaulter'

IDBI Bank has declared Vijay Mallya a wilful defaulter and issued a public notice on Wednesday with his old passport size photograph for default on payments worth Rs 1,566 crore in respect to Kingfisher Airlines. ...

Bagla family seeks cancellation of Kotak Mahindra's banking licence - Hindi News | Bagla family seeks cancellation of Kotak Mahindra's banking licence | Latest business News at Lokmattimes.com

Business :Bagla family seeks cancellation of Kotak Mahindra's banking licence

The family of Santosh Kumar Bagla has sought the cancellation of the banking licence of Kotak Mahindra Bank Ltd for its role in a scam of forgery of documents. ...

Sensex hits an all time high, Nifty trading above 11,900 - Hindi News | Sensex hits an all time high, Nifty trading above 11,900 | Latest business News at Lokmattimes.com

Business :Sensex hits an all time high, Nifty trading above 11,900

Sensex hit a record high on Thursday, 31 October, led by gains in banking stocks. ...

PMC bank scam: Worried over son-in laws's money stuck in bank, woman dies of heart attack - Hindi News | PMC bank scam: Worried over son-in laws's money stuck in bank, woman dies of heart attack | Latest national News at Lokmattimes.com

National :PMC bank scam: Worried over son-in laws's money stuck in bank, woman dies of heart attack

One more death has been reported ever since the Punjab and Maharashtra Cooperative Bank (PMC) scam was unearthed. ...

PMC Bank scam accused custody extended, Singh non-cooperative - Hindi News | PMC Bank scam accused custody extended, Singh non-cooperative | Latest national News at Lokmattimes.com

National :PMC Bank scam accused custody extended, Singh non-cooperative

The Mumbai Police's Economic Offences Wing (EOW) on Wednesday said Punjab & Maharashtra Cooperative Bank Ltd scam prime accused and its ex-chairman S. Waryam Singh is not cooperating with the probey. ...

Mumbai: 51-year-old PMC depositor dies after participating in protest rally - Hindi News | Mumbai: 51-year-old PMC depositor dies after participating in protest rally | Latest national News at Lokmattimes.com

National :Mumbai: 51-year-old PMC depositor dies after participating in protest rally

A 51-year-old former employee of Jet Airways, who had deposits worth Rs 90 lakhs in the Punjab and Maharashtra Co-operative (PMC) Bank, died hours after participating in a protest rally by depositors here on Monday. ...

RBI rejects India Bulls-Lakshmi Vilas Bank amalgamation - Hindi News | RBI rejects India Bulls-Lakshmi Vilas Bank amalgamation | Latest business News at Lokmattimes.com

Business :RBI rejects India Bulls-Lakshmi Vilas Bank amalgamation

The Reserve Bank of India on Wednesday rejected the merger of Lakshmi Vilas Bank and India Bulls Housing Finance Ltd, months after the bank had sought its approval on May 7. ...