Search Results for: RBI\\\'s reserve

No service charge on UPI transactions, clarifies Centre [Details]

The Union Finance Ministry has clarified that no service charge would be levied on UPI transactions.

Aug 22, 2022

Karachi (Pakistan), July 6, 2020 (Xinhua) -- Vehicles run through a flooded road in the heavy monsoon rain in southern Pakistani port city of Karachi, on July 6, 2020

Rain spells across PAK kill 36, injure 145 in just 24 hours [details]

The report said that 27,870 houses were destroyed in the country, with 10,860 fully destroyed and 17,010 partially destroyed.

Aug 21, 2022

Two minor brothers killed in J&K after mud house collapsed in Udhampur district [details]

Hilly areas of the Udhampur, Reasi, and Ramban districts of Jammu province are witnessing heavy rains during the last 24 hours. Due to heavy downpours, authorities were forced to halt Mata Vaishno Devi Yatra for the whole of Friday night.

Aug 20, 2022

RBI Gold bonds: Second Sovereign Gold Bond Scheme series to open on August 22

The government has announced that the second series of the Sovereign Gold Bond Scheme for the current fiscal will open for subscription on August 22, and the issue price is Rs 5,197 per gram.

Aug 20, 2022

Fintech Uni's card services suspended; millions of users affected [details]

Uni said that is proactively suspending services Uni Pay 1/3rd Card and the Uni Pay 1/2 Card, which will impact millions of users.

Aug 19, 2022

RBI tightens noose on fraudulent Chinese lending apps; plugs loopholes in regulatory guidelines

Investigating agencies found that various fintech companies in collusion with NBFC had thus indulged in predatory lending, by-passing the regulatory system.

Aug 18, 2022

Most banks hike deposit rates ahead of festive season

Most banks are increasing their deposit rates for boosting deposit to support rising credit off-take as liquidity in the banking system has narrowed.

Aug 17, 2022

Roads to avoid in Bengaluru on August 15; Independence Day activities planned here [see list]

Here's a list of roads that must be avoided on August 15, 2022, due to planned activities on the occasion of Independence Day.

Aug 14, 2022

Markets: Rupee, bond yield ends almost flat ahead on long weekend

The Indian rupee and the government bond yield ended almost flat on Friday as most traders remained on the sidelines ahead of the long weekend.

Aug 12, 2022

Forex: India's forex reserves rises after 4 weeks of fall

India's forex reserves rose around $2.4 billion during the week ending July 29 after falling for the four consecutive weeks. The rise was seen on back of positive inflows by the foreign investors in the Indian equity market.

Aug 6, 2022

Economy: Bank of Baroda to raise Rs 1,000 cr via infrastructure & affordable housing bonds

Bank of Baroda, the second largest state-owned bank, is planning to raise Rs 1,000 crore through issuance of infrastructure and affordable housing bonds on August 12, a source close to the development told IANS.

Aug 6, 2022

Economy: Benchmark bond yield rises 9 basis bps after RBI hikes repo rate

The yield on benchmark government bond yields rose sharply by 9 basis points in the morning trade after the Reserve Bank of India (RBI) announced an increase of the repo rate by 50 basis points.

Aug 5, 2022

Shaktikanta Das, Governor, Reserve Bank of India

Ecomony: RBI ups policy rate to 5.40% to contain inflation

Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced the rise of policy rate or repo rate by 50 basis points (bps) to 5.4 per cent.

Aug 5, 2022

ED notice a clear case of harassment, will seek legal measures: Kerala ex-minister

Confirming receiving a notice from the Enforcement Directorate (ED) asking him to appear before them on August 11 in Kochi, two-time former State Finance Minister and top CPI-M leader on Thursday said this was a clear case of harassment and will seek legal opinion to decide whether to appear or not.

Aug 4, 2022

UPI transactions cross record 6 billion in July [details]

Prime Minister Narendra Modi on Tuesday hailed the achievement of Unified Payments Interface (UPI) transactions crossing 6 billion in July -- the highest ever since its launch six years back.

Aug 2, 2022

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