central bank

The Supreme Court of India has ordered a waiver of compound interest for all borrowers that availed a loan moratorium last year under the central bank’s Covid-related relief measures.The top court argued that a complete waiver of…

Dublin:  Bank of Ireland has confirmed that it will close 103 branches in Ireland and Northern Ireland starting from September onwards.The branches to be closed include 88 in Ireland and 15 in Northern Ireland, according to a detailed list…

Rome: Former head of the European Central Bank, Mario Draghi has formally accepted the role of Italy's next Prime Minister and will be sworn in on Saturday.Draghi has named his cabinet after meeting the Italian president. He has secured the…

The Reserve Bank of India (RBI) on Friday maintained status quo for the fourth straight time and announced that it has decided to keep the key repo rate unchanged at 4 per cent. Following this, the reverse repo rate will also continue to…

New Delhi : TThe Reserve Bank of India (RBI) announced its monetary policy today after a three-day policy meet. The Central Bank kept the repo rate unchanged at 4 percent and the stance accommodative, in the first policy after Budget 2021.…

New Delhi, Policenama Online -  The six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) on Wednesday cut repo rate by 35 basis points in its third bi-monthly policy review of the financial year.ANI…

New Delhi :Policenama Online - Assuring the crisis-hit NBFC sector will be monitored, Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank will not hesitate to take any required measure to maintain the financial…

Policenama Online : India’s Central bank RBI announced that it was waiving off charges that are applied on bank transfer carried out either by National Electronic Funds Transfer (NEFT) or Real Time Gross Settlement System (RTGS).…

Mumbai : Policenama Online - In the second bi-monthly monetary policy review of the current fiscal, the Reserve Bank of India (RBI) on Thursday lowered its key lending rate for commercial banks by 25 basis points (bps) to 5.75 per cent.…

New Delhi : Policenama online - The Supreme Court on Friday gave the RBI "one last opportunity" and ordered the Reserve Bank of India to disclose annual inspection reports, wilful defaulters' list under the Right To Information.The top…