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Page-48 of Topic: RBI

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

Iran seeks permission to open multiple bank accounts in India

Iran has requested the Ministry of Finance and the Reserve Bank of India (RBI) to allow it to open accounts in multiple banks to facilitate better non-oil trade...

January 18, 2014

RBI inks a pact with Bank of Japan for raising BSA to $ 50 billion

The Reserve Bank of India (RBI) and Bank of Japan (BOJ) signed an agreement to enhance the maximum amount of the Bilateral Swap Arrangement (BSA) between the two...

January 15, 2014

RBI: Gold loan finance companies can now give loans up to 75% of the market value of the gold

The Reserve Bank of India (RBI) has eased the norms for extending loans against gold jewellery as collateral. It has decided to raise the Loan-To-Value (LTV) cap for...

January 11, 2014

RBI chooses CCIL to issue Unique Identity Codes in Financial Transactions

The RBI has chosen the Clearing Corporation of India Ltd. (CCIL) to act as a Local Operating Unit (LOU) for issuing internationally compatible Legal Entity Identifiers (LEIs) in...

January 11, 2014

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