New Delhi [India], Mar 6 (ANI): SBI Chairman Rajnish Kumar on Friday said that there is no need to panic for depositors of Yes Bank as RBI Governor has assured them in this regard in a press statement.
Mumbai (Maharashtra) [India], Mar 6 (ANI): Equity benchmark indices closed nearly 2.5 per cent lower on Friday after the Reserve Bank of India (RBI) placed Yes Bank under a moratorium and took over its board.
New Delhi [India], Mar 6 (ANI): After restrictions by Reserve Bank of India (RBI) on Yes Bank created panic situation among its customers, Finance Minister Nirmala Sitharaman on Friday assured that money of every depositor is safe.
New Delhi/Mumbai (Maharashtra) [India], Mar 6 (ANI): The interests of Yes Bank depositors will be protected and the Reserve Bank of India (RBI) will soon put in place a mechanism to revive the capital-starved public sector lender, the government said on Friday.
Mumbai (Maharashtra) [India], Mar 6 (ANI): After Reserve Bank of India (RBI) on Thursday imposed a month-long moratorium on Yes Bank citing "serious deterioration in its financial position", capping the withdrawal limit at Rs 50000, depositors here rushed to the ATMs for withdrawing the cash
New Delhi [India], Mar 05 (ANI): Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) has decided to decrease the interest rate of employees provident fund to 8.5 percent for 2019-2020, announced Labour Minister Santosh Gangwar on Thursday.
Bengaluru (Karnataka) [India], Mar 4 (ANI): The Karnataka government has constituted a competent authority for I Monetary Advisory (IMA) cases under the KPIDFE (Karnataka Protection of Interest of Depositors in Financial Establishments) Act, 2004, which is required to call claims from erstwh
(Maharashtra) [India], Mar 3 (ANI): Maharashtra government on Tuesday said that Rs 4739.93 crore has been deposited in the bank accounts of 7,06, 500 farmers under the "Mahatma Jyotirao Phule Farmer Debt-Free Scheme".
Pune (Maharashtra) [India], Mar 3 (ANI/BusinessWire India): In the latest bi-monthly Monetary Policy Committee meeting in February 2020, the RBI maintained the accommodative economic stance and left the repo rate and reverse repo rate untouched at 5.15 per cent and 4.90 per cent respectively
New Delhi [India], Feb 29 (ANI): Telecom major Bharti Airtel on Saturday said that it has deposited an additional Rs 8,004 crore towards adjusted gross revenue (AGR) dues to the Department of Telecommunication (DoT), aggregating to a total payment of Rs 18,004 crore, and therefore complying
Mumbai (Maharashtra) [India], Feb 24 (ANI): The Bhima-Koregaon judicial inquiry commission (JIC) on Monday said that it will call Nationalist Congress Party (NCP) chief Sharad Pawar for deposition in the matter soon.
Pune (Maharashtra) [India], Feb 24 (ANI/BusinessWire India): As an NRI, investing in India is exciting whether the driving factor is the prospect of benefiting from the upswings of two economies or the desire to create a corpus for your family back home.