Tag Archives: Reserve Bank of India

Insolvency proceedings against Jaypee stayed

NEW DELHI: The Supreme Court stayed the insolvency proceedings against JaypeeInfratech on Monday, infusing hope in approximately 32,000 home buyers that their money invested in the real estate major’s housing projects in the national capital region (NCR) would be safeguarded. Having formed various ...

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‘Shame On RBI’: P Chidambaram On Figures Post Notes Ban

P Chidambaram questioned the Narendra Modi government whether its demonetisation decision was designed to convert black money into white. NEW DELHI:  Former finance minister P Chidambaram today used the Reserve Bank of India figures to lash out at it, saying one ...

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Show collective will to build a New India, says Modi

Asks country to adopt ‘Bharat jodo’ slogan and shun ‘chaltha hai’ attitude In his shortest Independence Day address yet, Prime Minister Narendra Modi on Tuesday sketched out the broad contours of his idea of a “New India” as one that ...

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All you need to know about the Banking Regulation (Amendment) Bill, 2017

The Bill basically empowers the Reserve Bank of India (RBI) to give directions to banks to act against loan defaulters. On Thursday, the Rajya Sabha passed the Banking Regulation (Amendment) Bill, 2017. The Bill replaces the Banking Regulation (Amendment) Ordinance, ...

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RBI’s dividend to Government falls by almost half to Rs 30,659 crore

For the year 2015-16, the RBI board had approved the transfer of surplus amounting to Rs 65,876 crore to the government. In the previous year, the Central bank had paid Rs 65,896 crore to the government, which came as a ...

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