Over 40 Delhi McDonald's outlets…

  New Delhi: Over 40 McD…

'Joint force needed to combat te…

  Guwahati: The Assam go…

Modi's words on cow vigilantism …

  New Delhi: Opposition …

Army Chief in Sikkim amid India-…

  Gangtok: Army Chief Ge…

Telecom tangle: Is floor price f…

  New Delhi: Aiming to c…

Vice President's election on Aug…

  New Delhi: Election fo…

Modi denounces killings in the n…

  Ahmedabad: Breaking hi…

GST another historic 'tryst with…

  Mumbai: Reliance Group…

Vice President's election on Aug…

  New Delhi: The Electio…

Jats call off stir in Bharatpur

  Jaipur: The Jat commun…

«
»
TwitterFacebookPinterestGoogle+

Tag Archives: RBI

Sena claims credit for RBI accepting old notes from co-op banks

  Mumbai: The Shiv Sena on Wednesday claimed credit for the central government granting permission to the Reserve Bank of India (RBI) to accept the demonetised Rs 500 and Rs 1,000 notes. “This was Sena President Uddhav Thackeray’s demand a few days ago and later our minister Diwakar Raote also raised it,” said a party official.…

Read more

Process for President’s election begins

New Delhi: As the Election Commission on Wednesday set in motion the process to elect India’s 14th President, the Returning Officer for the presidential poll issued a notice paving the way for filing of nominations for the July 17 contest. Lok Sabha Secretary General Anoop Mishra, the Returning Officer for the election to the office of…

Read more

Indian equities open on flat-to-positive note

Mumbai: The Indian equity markets opened on a flat-to-positive note during the early morning session on Thursday, with healthy buying in metal, automobile and capital goods stocks. According to market observers, investors were cautious on global concerns such as the European Central Bank’s policy review (due later during the day) and the strengthening of the US…

Read more

Indian firms’ foreign borrowings in April triple to $1.3 bn

  Mumbai: Indian firms’ external commercial borrowings (ECBs) in April went up more than three-fold to $1.30 billion, while ECBs were at $304.57 million in the same month of 2016, the Reserve Bank of India (RBI) has said. According to RBI data released here on Thursday, the borrowings by Indian companies in April this year included…

Read more

Army to assist in disposal of old currency notes

  New Delhi: After assisting the government in printing and transporting new currency notes, the army will now help with the disposal of old notes that went back to the banks after demonetisation. According to army sources, the government has asked for “15 teams from the army for currency verification”. However, the official did not reveal…

Read more

No major ransomware effect in India: Govt

Government has said there has been no serious impact on India from the global ransomware cyberattack, except for a few isolated incidents. Information and Technology Minister Ravi Shankar Prasad said the systems run by the National Informatics Centre were secured and running smoothly. Meanwhile, Indian Computer Emergency Response Team has issued list of dos and…

Read more

‘WannaCry’ in India: Several bank ATMs stop functions

Many banks did not operate ATMs running on old software in view of the threat from ransomware ‘WannaCry’. This is a malware that encrypts all data on your computer. Microsoft no longer supports Windows versions which are older than Windows 7, but patches are available for higher versions. The RBI had asked banks to follow…

Read more

RBI sets tough guidelines for banks on NPA

The government empowered RBI to ask banks to initiate insolvency proceedings to recover bad loans, amounting to over 6 lakh crore rupees in case of state-owned lenders alone, and promised more measures to resolve the NPA. Acting quickly, the RBI made substantial changes in the norms for dealing with stressed loans and warned banks they…

Read more