New Delhi [India], May 30 (ANI): The Reserve Bank of India (RBI) on Friday said that it has imposed a monetary penalty of Rs 4 crore on Citibank for the contravention of Section 10 (1) (b) (ii) of Banking Regulation Act, 1949 (the Act).
New Delhi [India], May 29 (ANI): The Congress on Friday stepped up its attack on the BJP-led government at the Centre over the reduction in interest rates of saving and fixed deposit instruments and the decision to discontinue RBI Bond, saying the middle class and lower middle class are in "
New Delhi [India], May 29 (ANI): Delhi High Court has directed the Reserve Bank of India (RBI), Punjab Maharashtra Cooperative Bank, and other respondents to consider the needs of the depositors during the coronavirus-induced lockdown.
New Delhi [India], May 29 (ANI): Congress leader Randeep Singh Surjewala on Friday said that the people belonging to the middle class and lower middle class are in economic grief and added that the decision to reduce the interest rates and discontinue the RBI Bonds during the coronavirus loc
New Delhi [India], May 29 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning norms.
Leipzig [Germany], May 28 (ANI): RB Leipzig manager Julian Nagelsmann slammed Bundesliga scheduling after his side played a 2-2 draw against Hertha Berlin in a home game on Wednesday.
New Delhi [India], May 28 (ANI): Former Union Finance Minister and senior Congress leader P Chidambaram on Thursday said that the abolition of the RBI bond is another "cruel blow" and all citizens must demand that it must be restored immediately.
Leipzig [Germany], May 27 (ANI): RB Leipzig captain Yussuf Poulsen has sustained ligament injury in his right ankle that will keep him out of action for an indefinite period, the Bundesliga club confirmed.
New Delhi [India], May 27 (ANI): After his interaction with former RBI Governor Raghuram Rajan and Nobel laureate Abhijit Banerjee, Congress leader Rahul Gandhi spoke to Professor Ashish Jha, a globally recognised public health professional and Professor Johan Giesecke, the famous Swedish
New Delhi [India], May 22 (ANI): Federation of Indian Chambers of Commerce and Industry (FICCI) Secretary-General Dilip Chenoy on Friday lauded the Reserve Bank of India's (RBI) decision to slash the repo rate and reverse repo rate and extension of the loan repayment moratorium.
Mumbai (Maharashtra) [India], May 22 (ANI): Equity benchmark indices closed lower on Friday due to underperformance by banking and financial stocks as the Reserve Bank of India forecast contraction in H1 FY21 GDP growth, cut repo rate by 40 basis points to inject liquidity and extended the l
New Delhi [India], May 22 (ANI): Industry experts on Friday largely welcomed the Reserve Bank of India's measures to increase private consumption and provide liquidity access to all sectors hit by the Covid-19 pandemic.