rbi (reserve bank of india)

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    AIBEA Seeks Probe into HDFC Bank After Chairman Resignation

    Mumbai, April 2 The All India Bank Employees' Association has written to Finance Minister Nirmala Sitharaman, seeking an inquiry into the affairs at HDFC Bank following the surprise resignation of its non-executive chairman Atanu Chakraborty last month.The AIBEA said there is a need for HDFC...
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    NSE Expands Commodity Derivatives with New Crude Oil Contract

    New Delhi, March 29 The National Stock Exchange (NSE) will introduce Dated Brent Crude Oil (Platts) futures from April 13, expanding its commodity derivatives offerings linked to global oil benchmarks.The contract, based on the S&P Global Energy (Platts) Dated Brent assessment, will be traded...
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    TT Tournament Highlights: Singles Pre-Quarters and Doubles Decided

    In Indore, on March 20, Jeet Chandra and Anirban Ghosh of the Railways Sports Promotion Board (RSPB) secured a hard-fought victory in the men's doubles final of the 87th UTT Senior National Table Tennis Championships, defeating their teammates Ronit Bhanja and Preyesh Raj Suresh 3-2.The match...
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    Fake Currency Racket Busted in Ahmedabad: Yoga Guru Among Arrested

    Ahmedabad/Surat, March 19 – An operation to manufacture and circulate fake Rs 500 notes has been uncovered by the Ahmedabad Crime Branch, which seized Rs 2.38 crore in forged notes and arrested seven people, including a woman.The arrests were made on Wednesday night after officers intercepted...
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    India's Forex Reserves Decline by USD 11.68 Billion

    Mumbai, March 13 India's foreign exchange reserves declined by USD 11.683 billion to USD 716.810 billion during the week ended March 6, the RBI said on Friday.In the previous reporting week, the overall reserves had increased by USD 4.885 billion to an all-time high of USD 728.494 billion...
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    Iran Crisis Disrupts Rice Trade, Exporters Request Support

    New Delhi, March 5 Rice exporters on Thursday sought urgent relief measures from the government, such as waivers on port-related charges and payment adjustments, to deal with the crisis following the joint attack by the US and Israel on Iran.They have requested waivers on port-related charges...
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    Rupee Trades Within Range as Crude Oil Prices and Geopolitical Tensions Rise

    Mumbai, February 25 The rupee remained within a trading range and closed with a gain of 4 paise at 90.91 against the US dollar on Wednesday, supported by foreign fund inflows and a weak dollar.However, the currency faced pressure due to higher crude oil prices and trade-related uncertainties...
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    India's Rupee Affected by Market Volatility and Crude Prices

    Mumbai, February 24 The rupee traded in a narrow range on Tuesday and closed 6 paise lower at 90.95 (provisional) against the US dollar amid a firm dollar and higher crude oil prices.A sharp fall in domestic equity markets and uncertainties over the India-US trade deal further put pressure on...
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    Airtel Money Gets Capital Boost to Drive Financial Inclusion

    New Delhi, February 23 Bharti Airtel on Monday outlined major plans for its Non-Banking Financial Company, Airtel Money, and said the NBFC subsidiary will be capitalized with ₹20,000 crore over the next few years.Airtel will contribute 70 per cent through the promoter group, Bharti...
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    Protect Your Finances: Modi's Advice on Digital Security

    New Delhi, February 22 "Do not share your OTP, Aadhaar number, or bank account details with anyone. Most importantly, change your passwords regularly, just as you adapt your food and clothing with each season."This was the message delivered by Prime Minister Narendra Modi during his monthly...
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    India's PFC-REC Merger: Impact on Renewable Energy Projects

    New Delhi, February 11 The proposed merger of state-owned lenders Power Finance Corporation (PFC) and REC Ltd is expected to improve access to financing for India's renewable energy developers, particularly for large and complex projects, CreditSights said on Wednesday.PFC and REC, both public...
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