Sentences with phrase «rbi said»

The report will be submitted by end - June 2018, RBI said.

A circular in this regard is being issued separately,» the RBI said.

The RBI said: «Reserve Bank has repeatedly cautioned users, holders and traders of virtual currencies, including Bitcoins, regarding various risks associated in dealing with such virtual currencies.»

As with those prior releases, RBI said that it had not moved to license any company in India to work with cryptocurrencies, stating:

Along with their monetary policy statement, the RBI said the ban on «dealing with or providing services to any individuals or business entities dealing with or settling virtual currencies» will take effect immediately.

RBI said the deal, for an undisclosed sum, is expected to complete early in August and involves all of its travel titles, including Gazetteers.com and Travolution.The acquisition was orchestrated by Simon Ferguson, former publishing director of travel portfolio at RBI.

In its statement, the RBI said that it has created a working group to «study and provide guidance on the desirability and feasibility» of a CBDC.

«Virtual currencies... raise concerns of consumer protection, market integrity and money laundering, among others,» the RBI said in a statement explaining its decision after its bimonthly monetary policy meeting.

Central bank's digital currency, payments data Separately, the RBI said it has set up an inter-departmental group to study the «desirability and feasibility» of introducing a central bank digital currency.

Ensuring the safety and security of payment systems data is essential to reduce the risks from data breaches while maintaining a healthy pace of growth in digital payments, the RBI said.

Not exact matches

While cost - cutting and operational tweaks are part of the game plan, Halen says that expansion is likely the real opportunity RBI sees for Popeyes.

In particular, he said «hundreds» of franchise owners had signed up to refurbish the interior and exterior of their restaurants with the «welcome image» that's part of RBI's plan for improving relationships with customers.

The remarks came days after a spokesperson for Innovation Minister Navdeep Bains said Ottawa would look into allegations that RBI failed to live up to promises made under the Investment Canada Act in 2014 to secure approval for the deal to acquire the company.

Goldman Sachs said in a note last week that factors including weaker economic activity, lower - than - expected headline inflation, continued tightness in liquidity conditions and subdued global activity and dovish central banks around the world could push the RBI to ease its policy.

A letter obtained by the Canadian Press from a lawyer representing the Great White North Franchise Association to Tim Hortons parent company Restaurant Brands Inc. said if RBI refuses to meet with franchisees by Friday to discuss «deficient IT practices» and «future IT protocols» they will take the matter to court.

RBI, which keeps its books in U.S. dollars and is also the parent of Burger King and Popeyes Louisiana Kitchen, said it earned US$ 395 million attributable to common shareholders or $ 1.59 per diluted share in its most recent quarter.

«Popeyes is a powerful brand with a rich Louisiana heritage that resonates with guests around the world,» Daniel Schwartz, RBI's chief executive officer, said Tuesday in a statement announcing the acquisition.

«I am proud of the superior results the Popeyes team has delivered in recent years,» Popeyes CEO Cheryl Bachelder said in a news release issued jointly with RBI.

Bitter dispute grows as Great White North Franchisee Association says it's not the «small group of disgruntled store owners RBI would have you believe»

RBI and Popeyes have yet to agree on a deal price, and there is no certainty that negotiations will continue, or that they will lead to any agreement, the people said.

In September 2017, RBI Executive Director Sudarshan Sen said that the bank had a «group of people» examining fiat cryptocurrencies as an alternative to the Indian rupee, but one month later, India's chief economic adviser, Arvind Subramanian, shot down reports of a government - issued «Lakshmi Coin.»

In its circular, the RBI had said that financial institutions and banks under its authority can no longer deal with cryptocurrency exchanges and other related services.

«RBI claims to be a Canadian - based company to avoid U.S. taxes but yet when franchisees attempt to pursue legal claims against its various brands, including Tim Hortons, RBI takes a conflicting position and claims to be a Miami, Florida based company,» the association's lawyer Robert Einhorn said in a statement Thursday.

It said the ban is «arbitrary and unconstitutional» and that it is unable to begin operating due to the RBI's restrictions on banking services.

BofA Merrill Lynch Global Research says RBI will follow an asymmetric policy of buying forex when the US dollar is weakening and allowing Rs65 - 66 / USD...

Once the report has been received by the competent authorities, the Indian Government alongside with the Reserve Bank of India, also known as RBI, have responded and said that they will investigate the issue and do their best in order to ensure that the bitcoin payment method is not used for illegal purposes.

But, just nine per cent of Canadians say they don't buy Tim Hortons products, majority stop in regularly April 17, 2018 — A brewing conflict between Tim Hortons franchisees and its foreign owned parent company Restaurant Brands International (RBI) appears

The central bank has given three months to regulated entities like banks to unwind their positions with the entities related to cryptocurrencies, RBI Deputy Governor BP Kanungo said -LSB-...]

Agrawal said that the firm has also consulted with the Reserve Bank of India (RBI) and Forward Markets Commission (FMC) for the same.

Commenting on this case, Ms. Rashmi Deshpande, Associate partner, Khaitan & Co. said, «The move by the RBI has put the burgeoning cryptocurrency sector in jeopardy and may affect the basic rights of such entities to carry on any trade.

First hit: Mahtook First walk: Cabrera First run: Mahtook First RBI: Castellanos First home run: None (if I have to pick somebody, I'll say Cabrera) First strikeout (Tigers hitter): Martin First reliever used: Saupold First pitch velocity (mph): 91 First pitch result (strike / ball): Strike Game result (Tigers win / loss): Win Tigers runs scored: 6 Attendance: 41,299

«I went from good coaching to the best you can find in the nation,» said O'Guinn, who hit.343 with 25 RBI last season.

But the fellow who shines through is Carl Yastrzemski, and we keep saying that he has a chance to win the RBI title.

I'm not arguing that walks aren't valuable, or that we should judge players by RBI totals, I'm just saying that driving runs in actually is important.

«They have a lot of knowledge, and they are really strict on right and wrong things to do,» said senior outfielder Ryan Grove, who is batting.375 with six RBI.

«It's 300 homers, 1,000 RBIs now,» Counsell said.

Say what you want about Braun, but he's still on a 32 HR / 89 RBI pace.

«If we keep winning, people might take a little more notice,» says leftfielder Matt Holliday, 27, the league's batting -LRB-.340) and RBI (137) champ, and a possible MVP.

The emergence of two other draftees from California's farm system, DH Danny Goodwin -LRB-.292 and nine RBIs in 14 games) and Infielder Jim Anderson -LRB-.235), prompts Bavasi to say, «Most of our best prospects are in the major leagues right now.

«Melissa has supported the Dream Charter school and the Harlem RBI organization because they offer educational and extracurricular opportunities for the youth of East Harlem and El Barrio that are currently lacking, and this does not change her support,» said her spokesman, Eric Koch.

«Thanks to additional Participatory Budgeting funding, Harlem RBI's K - 8 Dream Charter School will have a permanent home in this new development — and a 54,000 - square - foot home to boot,» the councilwoman said.

(White) Pittsboro woman found dead in apartment was killed by (black) neighbor, police say PITTSBORO, N.C. (WNCN)-- A woman... NRJ Music Award — In the win over Staughn, Hannah Snellgrove had two hits and two RBIs to lead the way, while Kara Cox, Ashton White and Catherine... Holden Lanton had two singles Read More...

Crude oil price hike may force RBI to up key interest rates in August, say three foreign brokerages

The reason was (as they say) all corporate current accounts are frozen (following a notice from RBI) at the moment because of the demonetization drive going on in India.

«We don't shift our agenda based on what our competitors are doing,» he said, adding he's unaware of any consumer demand for lengthened breakfast hours at RBI's two chains.

If RBI increases rates by say 100 basis points, banks increase their benchmark rates by say 50 basis points.

Banks have the final say in deciding their interest rates, not RBI.

Dear Pradeep, We can't say there is «no need» to reduce the base rate, because the difference of basis points between the RBI rate cuts & banks lending rate cuts is surely in the rage of 50 to 60 basis points.

The Great White North Franchisee Association, which represents half of Canadian Tim Hortons franchisees, said it hoped RBI would lower supply costs, reduce couponing or raise prices.

The company already operates self - service kiosks in Burger King restaurants in several international markets and they're being tested in the U.S., Shannon Hall, an RBI spokeswoman, said in an email.