reserve

This is the highest ever dividend transferred by the RBI to the government and will strengthen its fiscal position. The government can reduce its borrowing which will leave more money in the banking sector to lend to corporates and consumers to spur economic growth.The amount is higher than...

New Delhi [India], The Reserve Bank of India (RBI) board approved the transfer of Rs 2,10,874 crore as surplus to the central government for the account year 2023-24. This decision was taken in the 608th meeting of the Central Board of Apex Bank. o Director. The board, chaired by RBI Governor...

Mumbai, The Reserve Bank on Wednesday approved the highest-ever dividend payment of Rs 2.11 lakh crore to the central government for 2023-24, a decision that will help manage the fiscal deficit better.The dividend or surplus transfer by the RBI to the Center for FY 2022-23 was Rs 87,416 crore...

Mumbai: The Reserve Bank on Wednesday approved a dividend payment of Rs 2.11 lakh crore to the central government for 2023-24, more than double the amount it paid for the previous 2022-23 financial year.This decision was taken in the 608th meeting of the Central Board of Directors of the...

New Delhi: Gold and silver prices retreated from record highs in the national capital on Tuesday, with the yellow metal falling to Rs 550 per 10 gram due to profit-booking and weak global trends.According to HDFC Securities, gold prices were hit by hawkish comments from one of the US Federal...

Mumbai: India is on the cusp of long-awaited progress due to a surge in aggregate demand and non-food spending in the rural economy, according to the May Bulletin of the Reserve Bank of India released on Tuesday.An article on the 'State of the Economy' published in the Bulletin said that the...

If this happens, the decision would mark a change from initial plans, as chairman of selectors George Bailey had previously suggested that only one reserve would be taken. The inclusion of Fraser-McGurk and Short is intended to increase the depth and versatility of the squad in the event of any...

New Delhi: Big-hitting Jake Fraser McGurk and Matthew Short could be part of Australia's traveling reserves for the T20 World Cup starting in the US from June 1.22-year-old McGurk has been in great form for Delhi Capitals in the IPL.But the top-order batsman, who is yet to make his T20I...

Mumbai: Reserve Bank Governor Shaktikanta Das cast his vote here on Monday morning and urged all voters to exercise their franchise.Voting is going on for six Lok Sabha seats in Mumbai and seven other seats in Maharashtra from 7 am."I urge all voters to vote...it is a right in our...

New Delhi [India], India's foreign exchange reserves rose for the second consecutive week, rising by US$2.561 billion to US$644.151 billion in the week ended May 10, according to data shared by the Reserve Bank of India (RBI). The last few weeks have seen a decline in foreign exchange reserves...

Chandrapur/Nagpur: The forest department on Saturday tranquilised and rescued a sub-adult tiger that had killed three people in villages in Maharashtra's Chandrapur district in the past few months, an official said.According to a release, in the last seven months the big cat attacked and...

Mumbai, The Reserve Bank on Friday held a conference for directors and senior officers of asset reconstruction companies (ARCs), part of the series of supervisory activities it has been conducting with its regulated entities over the past one year.While Deputy Governors M Rajeswara Rao and...

New Delhi: The administrator of debt-ridden Reliance Capital (RCAP) has approached the Reserve Bank of India to extend by 10 days the deadline to transfer the business to the successful bidder Hinduja Group company.He said the deadline to transfer the assets of Reliance Capital to Hinduja...

Mumbai: India's foreign exchange reserves rose by US$2.561 billion to US$644.151 billion in the week ended May 10, the Reserve Bank of India (RBI) said on Friday.In the last reporting week, the kitty had risen by US$3.668 billion to US$641.59 billion after three consecutive weeks of decline...

New Delhi, The Reserve Bank of India (RBI) has approved the appointment of Pradeep Natarajan as whole-time director on the board of IDFC First Bank, the private sector lender said."The RBI has approved the appointment of Pradeep Natarajan as Whole Time Director, who has been appointed as...

New Delhi [India], Table Tennis Federation of India (TTFI) on Thursday announced the national team for the Paris Olympics 2024, with Commonwealth Games champion and veteran Achanta Sharath Kamal and Manika Batra set to lead the six-member strong team. Are. According to Olympics.com, Indian...

Mumbai (Maharashtra) [India], The Reserve Bank of India (RBI) on Thursday convened a conference in Mumbai, bringing together heads of assurance functions of select urban co-operative banks (UCBs). According to the RBI press release, the conference was attended by. Around 30 participants...

Mumbai (Maharashtra) [India], A State Reserve Police Force (SRPF) jawan posted at Sachin Tendulkar's residence allegedly committed suicide by shooting himself with his service revolver at his home in Jamner on Wednesday morning. Jamner police said, "An SRPF jawan lived here." Jamner committed...

New Delhi [India]: If India make it to the knockouts, they will play the second semi-final of the ICC T2 World Cup in Providence, Guyana on June 27, ESPN Cricinfo reported on Tuesday. India have probably been allotted the Guyana semi-final due to the timing of the match as the first semi-final...

According to a report on website Cricbuzz, the co-hosts and cricket's governing body have reached an agreement to allot an additional 250 minutes (4 hours and 10 minutes) to decide the second finalist of the T20 showpiece in case of rain.Overall, if it rains on that day, it will take more than...