Press Releases - Regulating Commercial Banking - आरबीआय - Reserve Bank of India
प्रेस रिलीज
जून 13, 1998
RBI Announces Repo Rate Cut
The Reserve bank of India has announced reduction in the repo rate by one percentage point from 6.0 per cent to 5.0 per cent effective Monday, June 15, 1998. P.T. Achuthan Manager Press Release : 1997-98/1206
The Reserve bank of India has announced reduction in the repo rate by one percentage point from 6.0 per cent to 5.0 per cent effective Monday, June 15, 1998. P.T. Achuthan Manager Press Release : 1997-98/1206
पीडीएफ (
मे 28, 1998
Khan Working Group submits Full Report
The Khan Working Group on harmonising the Role of develop- ment financial institutions (DFIs) and banks submitted its full report to the Governor, Reserve Bank of India yesterday. The Working Group had already submitted the summary of its recommen- dations on April 24. The full report contains, besides the sum- mary of recommendations, a historical perspective of banks and DFIs in India, international experience and best practices in financial industry and regulatory
The Khan Working Group on harmonising the Role of develop- ment financial institutions (DFIs) and banks submitted its full report to the Governor, Reserve Bank of India yesterday. The Working Group had already submitted the summary of its recommen- dations on April 24. The full report contains, besides the sum- mary of recommendations, a historical perspective of banks and DFIs in India, international experience and best practices in financial industry and regulatory
मे 12, 1998
RBI allows two new foreign banks to open branches in India
The Reserve Bank of India has permitted two new foreign banks to open a branch each in India viz. Morgan Guaranty Trust Company of New York, USA a banking subsidiary of JP Morgan & Co. USA and Kredietbank N.V. of Belgium. Both the banks will open their respective branches in Mumbai.</p> (Alpana Killawala) General Manager Press Release : 1997-98/1069
The Reserve Bank of India has permitted two new foreign banks to open a branch each in India viz. Morgan Guaranty Trust Company of New York, USA a banking subsidiary of JP Morgan & Co. USA and Kredietbank N.V. of Belgium. Both the banks will open their respective branches in Mumbai.</p> (Alpana Killawala) General Manager Press Release : 1997-98/1069
एप्रि 24, 1998
Summary Recommendations of The Working Group set up by RBI
Significant changes suggested in role and operations of DFIs Sweeping changes proposed with regard to State-level Institutions Enabling changes proposed in regulatory/supervisory framework Substantive content of harmonisation between DFIs and Banks spelt out The Summary Recommendations of the Report of the Working Group for Harmonising the Role and Operations of DFIs and Banks was submitted by Shri S.H. Khan, CMD, IDBI and Chairman of the Working Group to the Governor
Significant changes suggested in role and operations of DFIs Sweeping changes proposed with regard to State-level Institutions Enabling changes proposed in regulatory/supervisory framework Substantive content of harmonisation between DFIs and Banks spelt out The Summary Recommendations of the Report of the Working Group for Harmonising the Role and Operations of DFIs and Banks was submitted by Shri S.H. Khan, CMD, IDBI and Chairman of the Working Group to the Governor
एप्रि 02, 1998
RBI reduces Bank Rate to 10%
The Reserve Bank of India has reduced the Bank Rate by one half of one percentage point, i.e. from `10.5 per cent per annum' to `10.0 per cent per annum' with effect from the close of business on April 2, 1998. (Alpana Killawala) General Manager Press Release : 1997-98/923
The Reserve Bank of India has reduced the Bank Rate by one half of one percentage point, i.e. from `10.5 per cent per annum' to `10.0 per cent per annum' with effect from the close of business on April 2, 1998. (Alpana Killawala) General Manager Press Release : 1997-98/923
मार्च 23, 1998
RBI reduces CRR
The Reserve Bank of India has decided to reduce the cash reserve ratio (CRR) by 0.50 percentage point in two phases. Consequently, the CRR stipulation which is currently at 10.5 per cent will be reduced to 10.0 per cent in two phases of 0.25 percentage point each effective March 28 and April 11, 1998. (Alpana Killawala) General Manager Press Release : 1997-98/876 Cash Reserve Ratio Under Section 42(1) of the Reserve Bank of India Act, 1934, all scheduled commercial ba
The Reserve Bank of India has decided to reduce the cash reserve ratio (CRR) by 0.50 percentage point in two phases. Consequently, the CRR stipulation which is currently at 10.5 per cent will be reduced to 10.0 per cent in two phases of 0.25 percentage point each effective March 28 and April 11, 1998. (Alpana Killawala) General Manager Press Release : 1997-98/876 Cash Reserve Ratio Under Section 42(1) of the Reserve Bank of India Act, 1934, all scheduled commercial ba
डिसें 08, 1997
Working Group for harmonising the role and operations of DFIs and Banks
The Reserve Bank of India today announced constitution of a Working Group with a view to harmonising the role and operations of development finance institutions (DFIs) and banks. Headed by Shri S.H. Khan, Chairman & Managing Director, Industrial Development Bank of India, the Working Group will have the following terms of reference: <ol type=i> To review the role, structure and operations of DFIs and commercial banks in emerging operating environment and to
The Reserve Bank of India today announced constitution of a Working Group with a view to harmonising the role and operations of development finance institutions (DFIs) and banks. Headed by Shri S.H. Khan, Chairman & Managing Director, Industrial Development Bank of India, the Working Group will have the following terms of reference: <ol type=i> To review the role, structure and operations of DFIs and commercial banks in emerging operating environment and to
डिसें 06, 1997
Review of flow of credit from banking sector
Shri S.P. Talwar, Deputy Governor, RBI met CMDs and Senior Officials of leading public sector banks today at Mumbai to discuss the prevailing situation in the credit dispensation by the banks to the commercial sector. At the outset he mentioned that the recent measures announced by the Reserve Bank keeping in view the prevailing situation in finance and forex markets were temporary and that they should not come in the way of flow of credit to the commercial sector. Re
Shri S.P. Talwar, Deputy Governor, RBI met CMDs and Senior Officials of leading public sector banks today at Mumbai to discuss the prevailing situation in the credit dispensation by the banks to the commercial sector. At the outset he mentioned that the recent measures announced by the Reserve Bank keeping in view the prevailing situation in finance and forex markets were temporary and that they should not come in the way of flow of credit to the commercial sector. Re
जून 25, 1997
RBI reduces Bank Rate by one percentage point
On a review of monetary and credit developments since the announcement of the Monetary and Credit Policy in April 1997, the Reserve Bank of India has today decided to reduce the Bank Rate. With effect from the close of business today (June 25, 1997), the Bank Rate will be reduced by one percentage point, i.e., from the present level of 11 per cent per annum to 10 per cent per annum. The interest rates on domestic term deposits for maturity of 30 days and up to one yea
On a review of monetary and credit developments since the announcement of the Monetary and Credit Policy in April 1997, the Reserve Bank of India has today decided to reduce the Bank Rate. With effect from the close of business today (June 25, 1997), the Bank Rate will be reduced by one percentage point, i.e., from the present level of 11 per cent per annum to 10 per cent per annum. The interest rates on domestic term deposits for maturity of 30 days and up to one yea
एप्रि 02, 1997
Aggregate deposits and gross bank credit of all scheduled commercial banks as on the last Friday of December 1996
According to the data on aggregate deposits and gross bank credit of scheduled commercial banks as on the last Friday of December 1996 collected through the BSR-7 returns, the top 100 centres arranged according to the size of deposits accounted for 59.0 per cent of the total deposits. Similarly, the top 100 centres arranged according to the size of bank credit constituted 71.6 per cent of the total bank credit. Nationalised banks as a group contributed 55.1 per cent o
According to the data on aggregate deposits and gross bank credit of scheduled commercial banks as on the last Friday of December 1996 collected through the BSR-7 returns, the top 100 centres arranged according to the size of deposits accounted for 59.0 per cent of the total deposits. Similarly, the top 100 centres arranged according to the size of bank credit constituted 71.6 per cent of the total bank credit. Nationalised banks as a group contributed 55.1 per cent o
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