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Empowering Education, Changing Lives: 'Let's Spread Warmth' CSR Event in H
Updated : 2 years, 4 months ago IST
New Delhi [India], November 1: On the picturesque landscape of Ladakh, the remote village of Hanle witnessed an initiative of profound significance on 29 October - 'Let's Spread Warmth.' This transformative project, initiated by Royal Bikers (RB) and operationalized by Noora Aman Foundation
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Congress is responsible for India's non-performing assets crisis: BJP lead
Updated : 2 years, 4 months ago IST
He posted on X, "The Congress would have us believe that the BJP government is responsible for the NPA crisis, but former RBI governor Raghuram Rajan, an ally of the Congress, was unambiguous in ponting out that many of the problematic loans originated during Congress-led UPA era. Banks were
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RBI holds 604th central board meeting in Rishikesh
Updated : 2 years, 4 months ago IST
The gathering brought together a confluence of eminent minds and experts to assess and navigate the intricate financial and economic scenarios both globally and nationally.
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RBI cautions on fake press release on Abhyudaya co-operative bank's licens
Updated : 2 years, 4 months ago IST
PIB Fact Check has posted on X, "A Press Release, dated 25 October 2023, being shared online, alleges that @RBI has cancelled the license of Abhyudaya Co-operative Bank Ltd. This Press Release is fake. RBI has not issued any such Press release. For more info visit: http://rbi.org.in. This is
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Congress accuses Modi government of mismanaging economy, says vast majorit
Updated : 2 years, 4 months ago IST
The Congress has accused the Modi government of mismanaging the economy saying that RBI's October 2023 bulletin shows "extremely concerning economic trends" including a 47-year low in the savings growth rate, "ballooning fiscal deficit" and slowing credit growth to the industrial sector
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RBI penalizes L&T Finance with Rs 2.5 crore fine for non-compliance
Updated : 2 years, 5 months ago IST
According to a press release issued by RBI, this action follows non-compliance with specific provisions of the Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016.
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Razorpay POS Wins First Prize at RBI's Global Hackathon for 'DrishtiPay',
Updated : 2 years, 5 months ago IST
Bengaluru (Karnataka) [India], October 20: Razorpay, India's Leading Full-Stack Payments, and Banking Platform for Businesses has secured the top spot at the RBI's 2nd Global Hackathon - 'HaRBInger 2023' for its remarkable product, 'DrishtiPay', which facilitates easy-to-use, innovative Card
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RBI Governor Shaktikanta Das addresses financial stability and rupee volat
Updated : 2 years, 5 months ago IST
Addressing a gathering in Delhi, Governor Das highlighted the complexity of the current economic landscape, stating, "There is a multiplicity of factors. The dollar index has become quite strong. The bond yields in the US have reached an all-time high, but, if you look at the volatility of t
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Global economy facing tirade of challenges says RBI Governor Shaktikanta D
Updated : 2 years, 5 months ago IST
Highlighting the hurdles that have become increasingly prevalent on the global economic horizon, Das said, "The global economy is now facing a tirade of challenges. First, slow moderation in inflation, which is getting interrupted by recurring and overlapping shocks. Second, slowing growt
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WOTR Announces N. Srinivasan as New Trustee
Updated : 2 years, 5 months ago IST
Pune (Maharashtra) [India], October 18: The Watershed Organisation Trust (WOTR) announces the appointment of N. Srinivasan to its board of trustees. Srinivasan brings valuable expertise in development finance, with over four decades of experience in the sector.
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RBI imposes monetary penalty on Kotak Mahindra Bank over non-compliance
Updated : 2 years, 5 months ago IST
The Reserve Bank of India (RBI) has imposed a monetary penalty to the tune of Rs 3.95 crore on Kotak Mahindra Bank Limited for various non-compliance.
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J-K: Protests held after ED raids former minister's residence
Updated : 2 years, 5 months ago IST
Dogra Swabhiman Sangathan Party leaders and workers staged a protest outside Ex-Member of Parliament and Member of Legislative Assembly, Chaudhary Lal Singh's house after ED conducted raids in a Prevention of Money laundering case.
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