The Reserve Bank of India (RBI) on Wednesday allowed state-owned oil marketing companies (OMCs) to raise external commercial borrowings (ECBs) from lenders under the automatic route.
RBI
Yes Bank Share Buy in Cash – Hold For Just 1 Month For Big Profit – Neal Bhai
Yes Bank Share Buy in Cash – Hold For Just 1 Month For Big Profit – Neal Bhai
YES BNAK CMP @ 228
Read More: यस बैंक पर लगा 38 करोड़ रुपये जुर्माना, दिखा RBI के फैसले का असर – Gold Silver Reports
₹100 Note More Likely To Be a Fake Than any Other, Says RBI Report
The ₹100 note is the most counterfeited Indian currency, with its popularity among forgers having surged since the government invalidated high-value banknotes about two years ago to curb the menace of fake notes and unaccounted wealth.
RBI Buys 8.46 Tonne of Gold in FY18, 1st Purchase in 9 Years
Gold Silver Reports (GSR) — The Reserve Bank of India (RBI) Held 566.23 tonne of gold as on 30 June 2018, compared with 557.77 tonne as on 30 June 2017, according to RBI’s latest annual report for 2017-18.
Stressed Power Producers Fall After Court Order Denies Relief – GSR
Stock Market — Stressed power generation companies fell after a court rejected their plea to ease RBI rules on bad loans, clearing the way for lenders to take these assets to bankruptcy courts and raising prospects of loan write-offs.
As Rupee Nudges 69, RBI Decides to Sell Dollars to Oil PSUs
The Reserve Bank of India sold as much as $12 billion in May in the spot and forward markets together — the highest ever combined sale of dollars — as foreign fund outflows increased and trade war and interest rate hike fears threatened to drive markets lower.
Banks Collect Rs 5,000 Crore From Minimum Balance Penalty
Gold Silver Reports (GSR) – As many as 21 public sector banks and three major private sector lenders collected a whopping Rs 5,000 crore from customers for non-maintenance of minimum balance in their accounts in 2017-18, according to banking data.