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RBI constitutes Committee on functioning of Asset Reconstruction Companies
Updated : 4 years, 11 months ago IST
New Delhi [India], April 19 (ANI): Reserve Bank of India (RBI) on Monday constituted a six-membered committee on the functioning of Asset Reconstruction Companies (ARCs) and review of regulatory guidelines applicable to them.
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RBI enhances limit of maximum balance for payments banks
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 7 (ANI): The Reserve Bank of India (RBI) on Wednesday enhanced the maximum end-of-day balance limit for payment banks from Rs 1 lakh per individual to Rs 2 lakh with immediate effect.
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