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Page-48 of Topic: RBI

RBI likely to hold interest rates steady while announcing the monetary policy on January 28, 2014

Reserve Bank of India (RBI) will probably hold interest rates steady while announcing the monetary policy on January 28, 2014. On January 28, 2014 the Reserve Bank of...

January 26, 2014

RBI: Currency notes issued before 2005 to be withdrawn from circulation

The Reserve Bank of India (RBI) has decided to withdraw all currency notes issued prior to 2005, including Rs 500 and Rs 1,000 denominations. As per the RBI,...

January 26, 2014

Urjit R Patel Committee suggests adoption of new CPI for Anchoring Monetary Policy

The Expert Committee to Revise and Strengthen the Monetary Policy Framework, headed by RBI Deputy Governor Urjit R Patel submitted its report to RBI Governor Dr. Raghuram Rajan....

January 24, 2014

“Dexter”: A virus in the Indian Online Banking System detected by CERT

The Computer Emergency Response Team (CERT-India) detected a “black” private information stealing virus in the Indian online banking transactions space. The virus is especially more threatening for the...

January 23, 2014

P.J.Nayak Committee set up by RBI to review governance of bank boards

The Reserve Bank of India (RBI) set up an 8 -member panel to review governance of board of banks and examine ‘fit and proper’ criteria for directors, including...

January 23, 2014

Mr. Anand Sinha, Deputy Governor of RBI retired

RBI’s Deputy Governor Dr. Anand Sinha, who was looking after the new bank licence process, retired. The procedure for granting licences to the private sector is yet to...

January 23, 2014

Bimal Jalan panel on new bank licences to meet on Feb 10, 2014

The Bimal Jalan panel which is scrutinizing applications for new bank licences will hold a meeting on February 10, 2014. Which are the entities in the race for...

January 22, 2014

Logo of Housing Start Up Index (HSUI) launched

The Union Minister of Housing and Urban Poverty Alleviation, Dr. Girija Vyas launched the Housing Start Up Index (HSUI) logo, web site and monitoring tool “Integrated Urban Poverty...

January 20, 2014

RBI permits foreign buyers to invest in South Indian Bank

The Reserve Bank of India (RBI) has given its permission to foreign investors to buy shares in South Indian Bank. The restrictions placed on the purchase of shares...

January 20, 2014

RBI nod needed for Hong Kong and Macau citizens to set up business in India

The Reserve Bank of India (RBI) included Hong Kong and Macau in the sensitive list of countries, along with Pakistan and China that will require its prior approval...

January 18, 2014

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