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Edits on 10 Jun, 2022
Golden AI"Entity importer update"
Golden AI edited on 10 Jun, 2022
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Edits on 28 May, 2022
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RBI

Edits on 21 May, 2022
Ольга Дрокина"Edit from table cell"
Ольга Дрокина edited on 21 May, 2022
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Company Operating Status
Active
Edits on 5 May, 2021
Golden AI"Graham import: Spending data"
Golden AI edited on 5 May, 2021
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DUNS Number
380888974
Full address
53, CHEMIN DU VIEUX CHENE MEYLAN, 38240 FRANCE
Edits on 27 Sep, 2019
Henry Ogolla
Henry Ogolla edited on 27 Sep, 2019
Edits made to:
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Timeline

February 2019

RBI reduces repo rate by 110 basis points in four successive actions with the last one being an unconventional 35 bps.
Edits on 19 Sep, 2019
Golden AI"Removing events from incorrect suggestions"
Golden AI edited on 19 Sep, 2019
Edits made to:
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Timeline

September 16, 2019

RBI Governor Shaktikanta Das on Monday said India's June quarter GDP growth print at 5 per cent came in as a big surprise for the central bank, whose growth forecast at 5.8 per cent was way off the mark.

September 14, 2019

Govt had no outstanding loans from RBI in week ended September 6

September 13, 2019

A payments bank can also apply for converting into an SFB if it meets the eligibility criteria, said the RBI, which released the guidelines on Friday.

September 13, 2019

The government had no outstanding loans with the central bank under the ways and means advances in the week ended September 6, according to a weekly statistical supplement released by the RBI on Friday.

September 13, 2019

RBI has however maintained that SFBs should get listed within three years after it reaches net worth of ₹500 crore.

The minimum net worth of such SFBs will be ₹100 crore, which has to be increased to ₹200 crore within five years, from the date of commencement of business.

September 12, 2019

The Reserve Bank of India (RBI) on Thursday said it has reduced the risk weight requirement for consumer loans to 100 per cent, a move that will reduce cost of such loans.

August 2019

WPI inflation unchanged at 1.08% in Aug, gives RBI room for rate cut

Wholesale price based inflation was unchanged at 1.08 per cent in August, reinforcing the expectation of a rate cut by the RBI in the October policy review.

However, fuel and power basket continued to witness deflation at 4 per cent in August as against 3.64 per cent in July.

The retail (CPI) inflation in August rose marginally to 3.21 per cent as against 3.15 per cent in the previous month mainly due to costlier food items, government data showed last week.

July 2019

For the first time in FY20, RBI becomes net seller of dollars in July

The Reserve Bank has turned a net seller of dollars for first time this fiscal in July, having sold $93 million in the month on a net basis in the spot market, show the latest data from the central bank.

June 2019

In June, the RBI had net purchased $2.463 billion, as it bought $4.434 billion and sold $1.971 billion.

In the forwards market, the outstanding dollar sales at the end of July was $8.609 billion, compared to a sale of $13.406 billion in June.

March 2018

In such a case where an NBFC, MFI and LABs wish to convert itself into an SFB, the entity has to have a minimum net worth of Rs 200 crore or else it has to infuse additional paid-up voting equity capital to achieve net worth of Rs 200 crore within 18 months of getting approval from the RBI.

2004

The Reserve Bank of India's (RBI's) new draft guidelines for on-tap licensing of small finance banks (SFBs) said the minimum net worth of such banks should be doubled from Rs 100 crore to Rs 200 crore and that the promoters' stake be brought down to a maximum of 15 per cent within 15 years, as against the existing norm of 26 per cent within 12 years, from the date of commencement of business of the bank.
Golden AI
Golden AI edited on 19 Sep, 2019
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Timeline

July 2018

In July 2018, the RBI had net sold $1.874 billion.
Edits on 18 Sep, 2019
Julius John Villarisco"Approved suggestion from source: https://www.business-standard.com/article/economy-policy/for-the-first-time-in-fy20-rbi-becomes-net-seller-of-dollars-in-july-119091201310_1.html"
Julius John Villarisco approved a suggestion from Golden's AI on 18 Sep, 2019
Edits made to:
Timeline (+1 events) (+50 characters)
Timeline

July 2018

In July 2018, the RBI had net sold $1.874 billion.
Julius John Villarisco"Approved suggestion from source: https://economictimes.indiatimes.com/"
Julius John Villarisco approved a suggestion from Golden's AI on 18 Sep, 2019
Edits made to:
Timeline (+1 events) (+203 characters)
Timeline

September 16, 2019

RBI Governor Shaktikanta Das on Monday said India's June quarter GDP growth print at 5 per cent came in as a big surprise for the central bank, whose growth forecast at 5.8 per cent was way off the mark.
Julius John Villarisco"Approved suggestion from source: https://www.business-standard.com/article/economy-policy/wpi-inflation-unchanged-at-1-08-in-aug-gives-rbi-room-for-rate-cut-119091600906_1.html"
Julius John Villarisco approved a suggestion from Golden's AI on 18 Sep, 2019
Edits made to:
Timeline (+1 events) (+528 characters)
Timeline

August 2019

WPI inflation unchanged at 1.08% in Aug, gives RBI room for rate cut

Wholesale price based inflation was unchanged at 1.08 per cent in August, reinforcing the expectation of a rate cut by the RBI in the October policy review.

However, fuel and power basket continued to witness deflation at 4 per cent in August as against 3.64 per cent in July.

The retail (CPI) inflation in August rose marginally to 3.21 per cent as against 3.15 per cent in the previous month mainly due to costlier food items, government data showed last week.

Julius John Villarisco"Approved suggestion from source: https://www.business-standard.com/article/finance/on-tap-licence-regime-rbi-doubles-sfb-net-worth-floor-to-rs-200-crore-119091400031_1.html"
Julius John Villarisco approved a suggestion from Golden's AI on 18 Sep, 2019
Edits made to:
Timeline (+1 events) (+150 characters)
Timeline

September 13, 2019

A payments bank can also apply for converting into an SFB if it meets the eligibility criteria, said the RBI, which released the guidelines on Friday.
Julius John Villarisco"Approved suggestion from source: https://www.business-standard.com/article/finance/on-tap-licence-regime-rbi-doubles-sfb-net-worth-floor-to-rs-200-crore-119091400031_1.html"
Julius John Villarisco approved a suggestion from Golden's AI on 18 Sep, 2019
Edits made to:
Timeline (+1 events) (+407 characters)
Timeline

2004

The Reserve Bank of India's (RBI's) new draft guidelines for on-tap licensing of small finance banks (SFBs) said the minimum net worth of such banks should be doubled from Rs 100 crore to Rs 200 crore and that the promoters' stake be brought down to a maximum of 15 per cent within 15 years, as against the existing norm of 26 per cent within 12 years, from the date of commencement of business of the bank.
Julius John Villarisco"Approved suggestion from source: https://www.business-standard.com/article/economy-policy/govt-had-no-outstanding-loans-from-rbi-in-week-ended-september-6-119091400046_1.html"
Julius John Villarisco approved a suggestion from Golden's AI on 18 Sep, 2019
Edits made to:
Timeline (+1 events) (+202 characters)
Timeline

September 13, 2019

The government had no outstanding loans with the central bank under the ways and means advances in the week ended September 6, according to a weekly statistical supplement released by the RBI on Friday.
Julius John Villarisco"Approved suggestion from source: https://www.business-standard.com/article/finance/on-tap-licence-regime-rbi-doubles-sfb-net-worth-floor-to-rs-200-crore-119091400031_1.html"
Julius John Villarisco approved a suggestion from Golden's AI on 18 Sep, 2019
Edits made to:
Timeline (+1 events) (+291 characters)
Timeline

March 2018

In such a case where an NBFC, MFI and LABs wish to convert itself into an SFB, the entity has to have a minimum net worth of Rs 200 crore or else it has to infuse additional paid-up voting equity capital to achieve net worth of Rs 200 crore within 18 months of getting approval from the RBI.
Julius John Villarisco"Approved suggestion from source: https://www.business-standard.com/article/economy-policy/for-the-first-time-in-fy20-rbi-becomes-net-seller-of-dollars-in-july-119091201310_1.html"
Julius John Villarisco approved a suggestion from Golden's AI on 18 Sep, 2019
Edits made to:
Timeline (+1 events) (+241 characters)
Timeline

June 2019

In June, the RBI had net purchased $2.463 billion, as it bought $4.434 billion and sold $1.971 billion.

In the forwards market, the outstanding dollar sales at the end of July was $8.609 billion, compared to a sale of $13.406 billion in June.

Julius John Villarisco"Approved suggestion from source: https://www.business-standard.com/article/pti-stories/rbi-cuts-risk-weight-on-consumer-credit-to-100-pc-119091201432_1.html"
Julius John Villarisco approved a suggestion from Golden's AI on 18 Sep, 2019
Edits made to:
Timeline (+1 events) (+171 characters)
Timeline

September 12, 2019

The Reserve Bank of India (RBI) on Thursday said it has reduced the risk weight requirement for consumer loans to 100 per cent, a move that will reduce cost of such loans.
Edits on 17 Sep, 2019
Julius John Villarisco"Approved suggestion from source: https://www.business-standard.com/article/economy-policy/govt-had-no-outstanding-loans-from-rbi-in-week-ended-september-6-119091400046_1.html"
Julius John Villarisco approved a suggestion from Golden's AI on 17 Sep, 2019
Edits made to:
Timeline (+1 events) (+64 characters)
Timeline

September 14, 2019

Govt had no outstanding loans from RBI in week ended September 6
Julius John Villarisco"Approved suggestion from source: https://www.livemint.com"
Julius John Villarisco approved a suggestion from Golden's AI on 17 Sep, 2019
Edits made to:
Timeline (+1 events) (+271 characters)
Timeline

September 13, 2019

RBI has however maintained that SFBs should get listed within three years after it reaches net worth of ₹500 crore.

The minimum net worth of such SFBs will be ₹100 crore, which has to be increased to ₹200 crore within five years, from the date of commencement of business.

Julius John Villarisco"Approved suggestion from source: https://www.business-standard.com/article/economy-policy/for-the-first-time-in-fy20-rbi-becomes-net-seller-of-dollars-in-july-119091201310_1.html"
Julius John Villarisco approved a suggestion from Golden's AI on 17 Sep, 2019
Edits made to:
Timeline (+1 events) (+272 characters)
Timeline

July 2019

For the first time in FY20, RBI becomes net seller of dollars in July

The Reserve Bank has turned a net seller of dollars for first time this fiscal in July, having sold $93 million in the month on a net basis in the spot market, show the latest data from the central bank.

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