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Banks not carrying out customer due diligence: RBI
May 03, 2013 at 15:12 | Source: Moneycontrol.com
In the wake of alleged money laundering cases, the Reserve Bank of India (RBI) investigation observed that banks were not carrying out customer due diligence as required under KYC norms while selling third party products. At the same time, it proposed a set of measures based on the investigation report already submitted.
CARE outcome of board meeting
May 02, 2013 at 17:07 | Source: Moneycontrol.com
Credit Analysis and Research has informed BSE that the Reserve Bank of India has extended the date of compliance with the minimum capitalization requirement by the Company from June 09, 2013 to September 30, 2013.
Fall in new factory orders to trigger China action?
May 01, 2013 at 12:59 | Source: CNBC
China`s official Purchasing Managers` Index (PMI) for April dipped to 50.6 from a March figure of 50.9, according to data from the National Bureau of Statistics, missing a Reuters forecast of 51.0.
Will tweak KYC norms if required: KC Chakrabarty
Apr 23, 2013 at 16:13 | Source: PTI
RBI Deputy Governor KC Chakrabarty today said the central bank can introduce some corrective measures in KYC norms as and when necessary to check any "transaction-level aberrations" in the functioning of banks.
Bankers want 0.5% CRR cut; more OMOs to ease liquidity
Apr 04, 2013 at 23:21 | Source: PTI
Bankers today sought from RBI 0.5 percent cut in their cash reserve requirement to tide over tight liquidity situation, and to help stem slide in investments.
RBI puts off Basel norms for forex derivatives to Jan 2014
Mar 28, 2013 at 22:57 | Source: PTI
The Reserve Bank of India (RBI) on Thursday postponed the implementation of Basel-III regulations for the currency derivatives segment to next January pending resolution of norms regarding trade settlement, even as it said the new capital adequacy requirements will kick in from April 1.

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New banking license: RBI gets feedback on draft guidelines
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China opens new front in war as yuan speculation distorts export data
SHANGHAI (Reuters) - China's central bank signalled on Wednesday it was prepared to change its monetary strategy to fend off inflows of speculative capital, as Beijing struggles to control a tide of c...
May 09, 2013 at 03:15 | Source: FirstPost
C Rangarajan supports 'hawkish' RBI rate cut
The Reserve Bank's decision to cut the key interest rate by 0.25 per cent to 7.25 per cent is a measured response to the current economic situation, Prime Minister's Economic Advisory Council (PMEAC)...
May 04, 2013 at 14:32 | Source: Financial Express
Sensex falls 160 pts on RBI outlook
In a highly volatile trade, the BSE benchmark Sensex on Friday fell by 160 points on profit-booking in interest-sensitive banking, auto and realty stocks as RBI adopted a "hawkish" stance in its mone...
May 04, 2013 at 10:22 | Source: Business Today
RBI brings cheers to borrowers, cuts repo rate by 0.25%
Mumbai: Sticking to its cautious stance, the Reserve Bank on Friday cut the key interest rate by just 0.25 percent to 7.25 percent and kept the liquidity enhancing cash reserve requirement unchanged,...
May 03, 2013 at 18:42 | Source: Zee Business
RBI pegs 5.7 % growth for current fiscal
Mumbai, May 3: Projecting a modest pick-up in economic activity in the coming months, Reserve Bank today pegged the Gross Domestic Product (GDP) growth rate for the current fiscal at 5.7 per cent, si...
May 03, 2013 at 18:42 | Source: The Hindu BusinessLine
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