reserve bank of india news
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Why you should NOT borrow against gold now
Mumbai :: India | 22 days ago
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Reserve Bank of India Why you should not borrow against gold now T o make matters worse, gold prices have dipped 13 per cent this year. That means existing borrowers would have to pay up more collateral and dip into their savings and newer borrowers
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Indian economy probably grew 4.8% Jan-March
Bangalore :: India | 22 days ago
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Indian economic growth probably nudged up in the three months to March from a near four-year low the previous quarter, a Reuters poll showed on Tuesday, suggesting a gradual turnaround from a prolonged slowdown. The median consensus of 37 economists
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‘NRIs can get TRC from Tax Dept'
as Sīb :: Oman | 22 days ago
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Allaying confusion of non-resident Indians (NRIs) over obtaining Tax Residency Certificates (TRCs) for those holding Non-Resident Ordinary (NRO) accounts in Indian banks, a banker in the Sultanate clarified that the certificate can be prepared at the
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No ban on gold coin sales by banks: RBI chief
New Delhi :: India | 23 days ago
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The Reserve Bank of India does not want to ban Indian banks from selling gold coins, in a bid to ensure genuine investment demand does not get throttled, governor Duvvuri Subbarao said on Tuesday, even while the central bank continues to discourage
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Will take steps to address tight liquidity: RBI deputy
Mumbai :: India | 23 days ago
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T he Reserve Bank of India [ Get Quote ] is likely to take steps to address the tight liquidity situation in the banking system, Deputy Governor H.R...The RBI was making an assessment on the liquidity situation, Khan told reporters on the sidelines
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Indian banks fail to make headway in Singapore
Singapore :: Singapore | 25 days ago
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T he India-Singapore Comprehensive Economic Cooperation Agreement seems to have reached a blind alley with the Singapore government's insistence on maintaining higher standards for Indian banks operating there and constant refusal to give more market
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RBS to close 23 of 31 branches in India
Pune :: India | 26 days ago
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R oyal Bank of Scotland said it had started the process of consolidating its retail and commercial banking business in India and would close 23 of its 31 branches across the country. The process is expected to be completed by the end of this year.
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ICICI Bank offers over 20% salary hike to top management
New Delhi :: India | 27 days ago
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Bank, India's largest private sector bank, has proposed a pay hike of over 20% to its top management team just months before issue of new bank licences to corporate houses by the Reserve Bank of India. The board of directors have rewarded Chanda
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RBI plans to ease hedging norms for exporters, importers
Singapore :: Singapore | 27 days ago
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T he Reserve Bank of India [ Get Quote ] plans to allow exporters and importers to rebook and cancel up to 50% of their total hedged exposure from the present cap of 25%, Executive Director G Padmanabhan said a in speech in Singapore on Friday.
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Gold SMUGGLING likely to rise 40% this year
Seoul :: South Korea | 27 days ago
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World Gold Council Gold smuggling likely to rise 40% this year E arly last year, the government had raised the import duty on gold to four per cent, in two phases. Also, the method of calculating this was changed to ad-valorem. Recently, the Reserve
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