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Reserve Bank of India · IndiaIn a surprise move, the Reserve Bank of India has announced a buyback of government securities worth Rs 40,000 crore on May 9, it said in a press release on Friday.The securities offered for buyback are 6.18% GS 2024, 9.15% GS 2024 and 6.89% GS 2025, maturing on Nov. 4, Nov. 14, and Jan. 16, respectively.This comes as the liquidity in the banking system has remained in deficit for a prolonged period. On Thursday, the liquidity was in deficit of …See the Story
Government To Buy Back Sovereign Bonds Worth Rs 40,000 Crore
Reserve Bank of India · IndiaRBI Tightens Project Finance Rules, Proposes Stringent Measures The Reserve Bank on Friday proposed tighter rules to govern lending to projects under implementation.The central bank's draft rules include a classification of the projects as per their phase and higher provisioning of up to 5 per cent during the construction phase, even if the asset is standard.It can be noted that in the last credit cycle, project loans were seen to have led to a…See the Story
RBI Tightens Project Finance Rules, Proposes Stringent Measures | Science-Environment
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Reserve Bank of India · Andhra PradeshThe trucks coming from Kerala were headed to the regional office of the Reserve Bank of India (RBI) in Hyderabad..Kerala Police. Andhra Pradesh. 2000 crore. RBIU money. Kerala NewsSee the Story
Kerala police team detained in Andhra with truck carrying Rs 2,000 crore, released after 4 hours
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Reserve Bank of India · PennsylvaniaKatelyn Rittenbaugh went 3-for-3 at the plate with a pair of runs scored and three RBI, including a two-run home run in the third to help lead the West Chester softball team (32-20) knockoff top-seed East Stroudsburg 5-3 in the PSAC Tournament Thursday at Veterans Park in Quakertown. The Golden Rams will face Kutztown on Friday morning, and the winner will advance to the PSAC Championship game on Saturday. “This was another great team win,” said…See the Story
DLN Roundup: West Chester advances to PSAC Semifinal
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Reserve Bank of India · MumbaiThe Reserve Bank of India, on Thursday, lifted restrictions on Bajaj Finance Ltd.'s eCOM and online digital Insta EMI Card products with immediate effect, according to an exchange filing from the lender."Now, we wish to inform that the RBI, vide its letter dated May 2, 2024, based on the remedial actions taken by the Company, has conveyed its decision of lifting the said restrictions on eCOM and online digital ‘Insta EMI Card’, with immediate ef…See the Story