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RBI files affidavit in Bombay HC on pleas challenging withdrawal limit imp
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 19 (ANI): The Reserve Bank of India (RBI) on Tuesday filed a detailed affidavit in the Bombay High Court on a batch of petitions filed by the depositors of the Punjab & Maharashtra Co-operative Bank (PMC) challenging the limit imposed by it on the withdrawal
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New RBI nominee on the board of Lakshmi Vilas Bank
Updated : 6 years, 3 months ago IST
Chennai (Tamil Nadu) [India], Nov 19 (ANI): Troubled private sector lender Lakshmi Vilas Bank (LVB) said on Tuesday that Sundaram Shankar, General Manager at the Reserve Bank of India (RBI) Hyderabad regional office, has been appointed as additional director on the board for a period of two
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Want no company to shut operations: Sitharaman on telecom stress
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 15 (ANI): Finance Minister Nirmala Sitharaman on Friday said that the central government does not want any telecom firm to shut down its operations due to financial issues and wanted every company to flourish.
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Govt mulling to increase insurance limit from current Rs 1 lakh on deposit
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 15 (ANI): The Finance Ministry is considering proposals to increase the insurance limit from the current Rs 1 lakh on deposits in banks, Finance Minister Nirmala Sitharaman said on Friday.
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Spike in inflation largely due to costlier food items, say experts
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 13 (ANI): The spike in retail inflation in October this year has largely been due to costlier food items, said experts on Wednesday.
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RBI asks banks not to charge savings account customers for NEFT
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 8 (ANI): The Reserve Bank of India (RBI) on Friday mandated banks not to charge savings account holders for National Electronic Funds Transfer (NEFT) from January 2020.
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Three years of demonetisation: Youth Congress holds protests in Delhi
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 8 (ANI): Scores of activists from the Youth Congress staged a protest near the premises of Reserve Bank of India (RBI) office here, slamming the Central Government for implementing demonetization on the third anniversary of the move.
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New Delhi: Sitharaman chairs meet with Financial Stability and Development
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 7 (ANI): Finance Minister Nirmala Sitharaman on Thursday chaired a meeting with members of the Financial Stability and Development Council (FSDC).
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Indiabulls Housing Finance Q2 profit dips 32 pc to Rs 702 crore
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 7 (ANI): Indiabulls Housing Finance's consolidated net profit dipped by 32 per cent to Rs 702 crore in the July to September quarter from Rs 1,035 crore in the corresponding quarter of previous financial year.
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Government keen to work with RBI to help people affected in real estate se
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 5 (ANI): Finance Minister Nirmala Sitharaman on Tuesday said that "prevailing sluggishness" in the real estate sector needs to be addressed and the government is very keen on working with RBI to see how best to help the people who have been affected in th
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RBI raises withdrawal limit for PMC depositors to Rs 50,000
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 5 (ANI): As angry depositors of Punjab and Maharashtra Cooperative (PMC) Bank took to streets on Tuesday in order to stage their protest, the Reserve Bank of India (RBI) enhanced the withdrawal limit to Rs 50,000.
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PMC Bank depositors protest outside RBI office in Mumbai
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 5 (ANI): Punjab and Maharashtra Co-operative (PMC) Bank depositors held a protest outside the Reserve Bank of India (RBI) office here on Tuesday.
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