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PMC Bank withdrawal restrictions based on its liquidity position, says RBI
Updated : 6 years, 1 month ago IST
New Delhi [India], Jan 21 (ANI): The Reserve Bank of India (RBI) on Tuesday told the Delhi High Court that restrictions imposed on withdrawal limits on Punjab and Maharashtra Cooperative (PMC) Bank customers is based on the bank's liquidity position and ability to pay its depositors.
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ICRA reaffirms AA-minus rating for RBL Bank's Basel III compliant tier-two
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Jan 20 (ANI): Investment information agency ICRA has reaffirmed AA-minus rating with a stable outlook for RBL Bank's Basel III compliant tier-two bond programme.
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Withdraw interest-free cash anytime with the SuperCard
Updated : 6 years, 2 months ago IST
Pune (Maharashtra) [India] Jan 18 (ANI/BusinessWire India): In terms of financial security, very few tools match the capabilities of a well-rounded credit card. Depending on the issuer you've opted for, your credit card is either the go-to option in your wallet or a card you barely transact
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RBI redistributes portfolios of Deputy Governors
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 15 (ANI): The Reserve Bank of India (RBI) on Wednesday redistributed portfolios of Deputy Governors following the appointment of Michael Debabrata Patra to the post.
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Michael Patra takes over as RBI Deputy Governor
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra), Jan 15 (ANI): Michael Debabrata Patra took over as Deputy Governor of the Reserve Bank of India (RBI) on Wednesday.
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India on cusp of unprecedented food price inflation, but PM is silent, say
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 14 (ANI): The Congress party on Tuesday slammed the central government and stated that India is on the cusp of unprecedented food price inflation, but the Prime Minister is silent.
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Michael Patra to be new Deputy Governor of RBI
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 14 (ANI): Michael Debabrata Patra has been appointed as the Reserve Bank of India (RBI) Deputy Governor.
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Don't panic, govt committed to protect interests of Bengaluru Co-op bank d
Updated : 6 years, 2 months ago IST
Bengaluru (Karnataka) [India], Jan 14 (ANI): After the Reserve Bank of India (RBI) capped to Rs 35,000 the withdrawal limit of Sri Guru Raghavendra Co-operative Bank, BJP MP Tejasvi Surya on Tuesday said that the Central government is committed to protecting the interests of the bank's depos
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Worried over RBI order on Raghavendra Co-op bank, depositors queue up outs
Updated : 6 years, 2 months ago IST
Bengaluru (Karnataka) [India], Jan 14 (ANI): After the Reserve Bank of India (RBI) has restricted the Sri Guru Raghavendra Co-operative Bank from doing business with immediate effect and capped withdrawal limit at Rs 35,000, the depositors on Tuesday queued up outside branches of the bank in
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BJP MP seeks to calm depositors after RBI imposes curbs on Bengaluru Co-op
Updated : 6 years, 2 months ago IST
Bengaluru (Karnataka) [India], Jan 14 (ANI): Days after the Reserve Bank of India (RBI) capped to Rs 35,000 the withdrawal limit of Sri Guru Raghavendra Co-operative Bank, BJP MP Tejasvi Surya on Monday reassured account holders and said Finance Minister Nirmala Sitharaman was personally mon
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NCP chief Sharad Pawar meets MoS Anurag Thakur over PMC Bank revival issue
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 13 (ANI): Nationalist Congress Party chief Sharad Pawar on Monday met Minister of State for Finance Anurag Thakur, over the issue of revival of Punjab and Maharashtra Co-operative(PMC) Bank.
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No fraud, fund diversion at Reliance Home Finance: Forensic auditor
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 13 (ANI): Reliance Housing Finance Ltd's (RHFL's) forensic auditor Grant Thornton has not recorded any adverse findings on 11 parameters, including any diversion or siphoning of funds, embezzlement, falsification of accounts and fraudulent transactions by pr
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