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RBI to inject more liquidity

BE/RBINOTE/15/2019 Swapping Arrangement Reserve Bank of India, the country’s regulator has announced that it will be injecting a long-term liquidity worth USD 5 billion into the system. This will be done through a Foreign Exchange Swap arrangement with banks for three years. The Swap will be in the nature of a simple buy/sell foreign exchange

RBI to inject more liquidity

BE/RBINOTE/15/2019 Swapping Arrangement Reserve Bank of India, the country’s regulator has announced that it will be injecting a long-term liquidity worth USD 5 billion into the system. This will be done through a Foreign Exchange Swap arrangement with banks for three years. The Swap will be in the nature of a simple buy/sell foreign exchange

RBI levies penalties on Banks

BE/RBINOTE/13/2019 Reserve Bank of India, the Central Bank of the country has slapped penalties on seven commercial banks for not adhering to regulatory directions related to Global messaging platform SWIFT. The banks are: Private Sector Banks: ICICI Bank                      ..   Rs. 1 Crore Yes Bank                          ..  

RBI levies penalties on Banks

BE/RBINOTE/13/2019 Reserve Bank of India, the Central Bank of the country has slapped penalties on seven commercial banks for not adhering to regulatory directions related to Global messaging platform SWIFT. The banks are: Private Sector Banks: ICICI Bank                      ..   Rs. 1 Crore Yes Bank                          ..