Category: RBI

Fit and proper status of over-aged bank director. RBI Nomination Committee rejection for over age and twice election remanded back by Supreme Court

Fit and proper status of over-aged bank director. RBI Nomination Committee rejection for over age and twice election remanded back by Supreme Court Case Details: Civil Appeal No. 4820 of 2016 UCO Bank (Appellant) vs. Saumyendra Roy Choudhury & Ors (Respondent) Date of Judgment: 05/05/2016 Coram: Justice Kurian Joseph and …

Global Volatility-India was better prepared. India should try to take sensible measures without getting too ambitious, as we have done so far-Governor RBI.

Global volatility-India was better prepared. India should try to take sensible measures without getting too ambitious, as we have done so far-Governor RBI.  The Reserve Bank of India – Press Release Dated: 22-05-2016 Delivering the Mahtab Memorial Lecture at Bhubaneswar on May 21, 2016, Dr. Raghuram Rajan, Governor, …

Strengthening Free Enterprise in India – from tiny shops to large internet start-ups, the spirit of entrepreneurship is alive-Raghuram Rajan, Governor RBI

Strengthening Free Enterprise in India – from tiny shops to large internet start-ups, the spirit of entrepreneurship is alive. Reserve Bank of India-Press Release Dated: 22-05-2016 India has come a long way in encouraging free enterprise – from tiny shops to large internet start-ups, the spirit of entrepreneurship is …

Research Internship Scheme of RBI-Essential Qualifications, Experience, Mode of Applications, Selection Process, Duration and Stipend payable.

Research Internship Scheme of RBI-Essential Qualifications, Experience, Mode of Applications, Selection Process, Duration and Stipend payable. Objectives: The Reserve Bank of India has introduced a Research Internship Scheme to provide an opportunity to young individuals to expose themselves to cutting edge research in central banking. The scheme is …

RBI cancels Certificate of Registration of 22 NBFCs

RBI cancels Certificate of Registration of 22 NBFCs Dated: 29-03-2016 The Reserve Bank of India (RBI) has cancelled the certificate of registration of the 22 (twenty two) non-banking financial companies (NBFCs) as shown in Annex, in exercise of the powers conferred on it under Section 45-IA (6) of …