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News Politics

Congress seek loans, cash relief for farmers

Hyderabad: The Congress party on Thursday demanded that the Reserve Bank of India (RBI) take immediate measures to ensure that farmers get crop loans and easy access to cash. A delegation comprising of TPCC’s Kishan Kheth Mazoor Congress chairman M. Kodanda Reddy and MLAs A. Sampath Kumar and M. Vamshi Chand Reddy met RBI Regional […]

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News

People should continue to accept Rs. 10 coins: RBI

Hyderabad: The Reserve Bank of India said that people should continue to accept Rs. 10 coins. “It has been reported that some uninformed persons are creating doubts about the genuineness of Rs. 10 coins in the minds of ordinary people including traders, shop-keepers, etc., impeding the circulation of such coins in certain pockets of the […]

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Business News

RBI Policy quote by Mr. Ashwin Sheth – Chairman & Managing Director, Sheth Corp

The first bimonthly RBI Policy announcement of FY2017-18 by RBI Governor Mr. Urjit Patel and the third after demonetization of old currency, keeping the repo rate unchanged at 6.25% was an expected move but the real estate sector needs more, said, Mr. Ashwin Sheth, CMD, Sheth Corp Ltd . “Although the rate was kept on […]

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News

Rs. 10 coin is a legal tender: RBI

Hyderabad: The Reserve Bank of India has made it clear that Rs. 10 coins are legal tender. “It has been reported that some uninformed persons are creating doubts about the genuineness of Rs. 10 coins in the minds of ordinary people including traders, shop-keepers, etc., impeding the circulation of such coins in certain pockets of […]

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Interviews

Modi govt. is keen to introduce Islamic banking in India: Interview

Islamic banking in India will attract huge investment and create more jobs, says research scholar S M Wasiullah, who specializes in Islamic banking and finance. In this interview, he recognizes the Modi government’s increased interest in introducing Islamic banking in the country. RBI is exploring to introduce Islamic banking in the country. What are the […]

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Business News

Formal financial services will accessible to all soon: RBI Guv Rajan

Hyderabad: Reserve Bank of India (RBI) Governor Dr. Raghuram Rajan said that in the foreseeable future formal financial services would be made accessible to every Indian who wants them. He was speaking after inaugurating the national seminar on ‘Equity, Access & Inclusion – Transforming Rural India through Financial Inclusion’, jointly organised by National Institute of […]