Tag: reserve bank
Reserve Bank of India rejigs portfolios of deputy governors
The Reserve Bank on Thursday rejigged portfolios of the four deputy governors and distributed its 32 departments among them. Shirish Chandra Murmu, who took charge…
House Price Index up 3.6% annually in Q1: RBI
All-India House Price Index (HPI) based on transaction-level data of 18 major cities increased by 3.6 percent year-on-year in the first quarter of the current…
Bharat Connect gets linked with FX-Retail platform; enables customers to buy USD
The Reserve Bank on Tuesday said bill payment system Bharat Connect has been linked with foreign exchange retail platform, enabling individual customers to buy US…
RBI tweaks related party lending rules, unveils ‘unified’ framework
MUMBAI: The Reserve Bank of India (RBI) has expanded the related party transaction guidelines to include promoters, key management persons (KMPs), shareholders with equity of…
RBI proposes easing regulatory framework for foreign entities establishing offices in India
The Reserve Bank on Friday proposed to rationalise norms for establishment of a branch or office in the country by entities resident outside India. In…
RBI launches scheme to reduce stock of unclaimed deposits by incentivising banks
The Reserve Bank on Tuesday announced a year-long incentive scheme for banks to reduce the volume of unclaimed deposits. Under the ‘Scheme for Facilitating Accelerated…
RBI renews statement of commitment to FX Global Code
The Reserve Bank on Wednesday said it has signed a renewed statement of commitment to the FX Global Code. The code is a set of…