The Enforcement Directorate (ED) on Friday attached 47 immovable properties worth Rs 121.81 crore and movable assets worth Rs 54.25 lakh belonging to the accused in Seva Vikas Coop Bank loan fraud case under Prevention of Money Laundering Act (PMLA).
Reacting to the Reserve Bank of India's decision to withdraw Rs 2,000 currency notes from circulation, Vimal Nadar, the Head of Research at real estate firm Colliers India has called it a "timely" move aimed at "prudent currency management".
Congress leader Siddaramaiah on Friday slammed Bharatiya Janata Party (BJP) after the Reserve Bank of India's move to withdraw Rs 2,000 denomination banknotes from circulation and termed it the party's desperate attempt to divert the attention from their failures.
He stressed the high levels of customer confidence in the banking sector, as the UAE ranks second globally in terms of customer confidence in banks at 84 per cent in 2022, according to the annual index conducted annually by the UAE Banks Federation.
RBI on Friday announced that it has decided to withdraw the Rs 2,000 denomination banknotes from circulation but they will continue to remain legal tender.
The central bank believes that four-month time is enough for people to exchange notes with the banks. Most of the Rs 2,000 notes that are in circulation is expected to return to banks within the given time frame of 30th September.
Congress general secretary in charge of communications Jairam Ramesh on Friday came out hard against the Reserve Bank of India's move to withdraw Rs 2,000 denomination banknotes from circulation and said that it was typical of the government to first act and think second.
The Reserve Bank of India has decided to withdraw the Rs 2000 denomination banknotes from circulation but they will continue to remain as legal tender.
The 602nd meeting of the Central Board of Directors of the Reserve Bank of India was held today in Mumbai under the chairmanship of Shaktikanta Das, Governor.
Mumbai (Maharashtra) [India], May 19 (ANI/NewsVoir): Tide, the UK's leading SME-focused business financial platform in partnership with Transcorp International Limited, a Reserve Bank of India (RBI) regulated Prepaid Payment Instrument (PPI) license holder, today announced the launch of Indi
Bengaluru (Karnataka) [India], May 19 (ANI/PRNewswire): Cashfree Payments, India's leading payments and API banking company, has partnered with Tazapay, Singapore-based cross-border payments company to power their cross-border payments for Indian exporters. The partnership allows Tazapay to
Airtel Payments Bank delivered a strong performance across various metrics in the financial year 2022-23. During the financial year, it reported revenue growth of 37 per cent to Rs 1,291 crore with profits growing by 141 per cent to Rs 21.7 crore.