• Tag results for RBI

RBI trims Rana Kapoor's term as CEO Yes Bank; shares drop 34%, recovers 9%

The Reserve Bank on Wednesday curtailed the term of Yes Bank's founding CEO Rana Kapoor and asked the private sector lender to look for his replacement by January 2019.

published on : 21st September 2018

US law enforcement official faces flak over racist remarks on Sikh Attorney General

Bergen County Sheriff Michael Saudino allegedly made multiple controversial remarks in a Janaury 16 conversation that took place after Phil Murphy was inaugurated as governor of New Jersey.

published on : 21st September 2018

RBI trims Rana Kapoor's term as Yes Bank CEO

In June this year, Yes Bank's shareholders had approved the re-appointment of Kapoor for three years, subject to final approval from the Reserve Bank of India.

published on : 19th September 2018

India's struggle to defend rupee shifts focus to rate hikes

The government's latest measures to support the rupee announced last week were particularly underwhelming for market participants who have since increased bearish positioning on the currency.

published on : 19th September 2018

RBI can sell USD 25 billion more to arrest rupee fall: SBI report

As per the report, during the June 2008 to May 2009 period, when rupee depreciated by 13 per cent, the RBI sold dollars worth $43 billion, though the forex reserves at that time stood at $312 billion.

published on : 19th September 2018

No compensation, no vote: Bhopal gas tragedy survivors tell BJP, Congress ahead of assembly polls

Four organizations working for the cause of the survivors gave a clarion call that they will vote only for the party that will ensure the long-demanded compensation of Rs 5 lakh each to them.

published on : 18th September 2018

RBI penalises two UP-based cooperative banks for violating KYC norms

The RBI has also imposed a penalty of Rs 2 lakh on National Urban Co-operative Bank, Bahraich for non-filing of a return on asset and liabilities.

published on : 18th September 2018

India ends Serbia tie without a win, lose 0-4 after Sriram Balaji's defeat

Since the tie was already decided in favour of the hosts, who had taken an unassailable 3-0 lead, India fielded Sriram Balaji in place of Ramkumar Ramanathan.

published on : 16th September 2018

How RBI stood the test during global financial meltdown of 2008

Our policymakers realised early on that India could be vulnerable and a framework for external sector was spearheaded by none other than Dr Manmohan Singh, when he was RBI Governor.

published on : 16th September 2018

Clever litigation, birth pangs dampen Insolvency and Bankruptcy Code

The Supreme Court has directed banks not to refer cases for insolvency under the February 12 circular of the Reserve Bank and has transferred all cases challenging the notification to itself.

published on : 15th September 2018

India, Serbia join hands to combat terror, boost trade

This year, India and Serbia are celebrating the 70th anniversary of the establishment of diplomatic relations between them.

published on : 15th September 2018

Vice President Venkaiah Naidu discusses bilateral cooperation in trade and defence with Serbian President

During the visit, the two sides finalised an agreement on cooperation in the field of plant health and plant quarantine and a revised Air Services Agreement.

published on : 15th September 2018

After Raghuram Rajan's letter on bad loans, Modi government set to review all fraud complaints received

The top banker’s missive gave Opposition a chance to attack Prime Minister Narendra Modi, saying that PMO sat on the letter and took no action.

published on : 15th September 2018

India vs Serbia Davis Cup World Group play-offs: Tough day for India after two defeats

India’s Ramkumar Ramanathan began well but lost rhythm, especially when on serve, to lose the opening rubber 6-3, 4-6, 6-7 (2), 2-6.

published on : 15th September 2018

Modi government unveils measures to check widening current account deficit, falling rupee

Jaitley said that external factors such as policies adopted by the US, trade war and crude oil prices were impacting economies like India, despite “strong fundamentals”.

published on : 14th September 2018
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