The Reserve Bank of India purchased bonds worth ₹40,000 crore in screen based open market operations (OMO) purchases to infuse…
Tag: RBI
Anil Ambani case – ‘Cut, copy, paste orders’: Bombay HC irked by banks declaring accounts fraud, asks Anil Ambani to approach RBI
The Bombay High Court on Friday expressed concerns about the manner in which banks declare accounts as ‘defaulter’ or ‘fraud’.…
RBI to conduct record $10-billion dollar/rupee swap auction to ease liquidity strain
The Reserve Bank of India (RBI) will conduct its largest-ever $10-billion dollar/rupee buy-sell swap auction on February 28, aiming to…
Household consumption RBI bulletin – Tax cuts in Budget 2025, moderating inflation to boost household consumption: RBI
The Reserve Bank of India, in its latest bulletin, released on February 19, stated that the tax cuts announced in…
‘Supervisory concerns’: RBI bars New India Co-operative Bank from fresh business, customers can’t withdraw deposits
The Reserve Bank of India (RBI) has barred Mumbai-based New India Co-operative Bank from issuing new loans and suspended deposit…
Kotak Mahindra Bank: Kotak Bank shares gain after RBI lifts curbs
Mumbai: Kotak Mahindra Bank gained as much as 2.5% in Thursday’s trading after the RBI on Wednesday lifted restrictions on…
RBI removes curbs on Kotak Mahindra Bank that it had place in April 2024
The Reserve Bank of India lifted the restrictions placed on Kotak Mahindra Bank on February 12, allowing the bank to…