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RBI announces closure of all payment systems on April 1
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar. 30 (ANI): Contrary to its previous announcement that was circulated with regards to banks being operational on April 1, the Reserve Bank of India (RBI) in a revised circular stated that all payment systems will be closed on the aforementioned date.
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Govt. of India, RBI to 3rd Meeting of G-20 FWG in Varanasi; to discuss cur
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar 29 (ANI): G-20 Framework Working Group (FWG) in its third meeting at Varanasi held discussions over the state of the global economy as well asG-20 agenda on inclusive growth and reports on strong, sustainable and balanced growth and G-20 enhanced structural reform agen
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PM Modi administration doesn't listen to him: DMK on RTI over demonet
Updated : 8 years, 6 months ago IST
Chennai (Tamil Nadu) [India], Mar. 27 (ANI): After the Reserve Bank of India (RBI) refused to answer as to why the conversion of old currency was not allowed under the Right to Information (RTI) Act, the Dravida Munnetra Kazhagam (DMK) on Monday taunted the Central Government saying it didn&
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Third meeting of G-20 framework working group to be held on Mar. 28-29
Updated : 8 years, 6 months ago IST
Varanasi (Uttar Pradesh) [India], Mar. 26 (ANI): The third G-20 Framework Working Group (FWG) Meeting under the G-20 German Presidency is being co-hosted by Department of Economic Affairs, Ministry of Finance, Government of India and Reserve Bank of India (RBI) in Varanasi on March 28 and 29
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RBI signs MoU with Central Bank of Nigeria
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar 22 (ANI): The Reserve Bank of India on Wednesday announced its Memorandum of Understanding (MoU) on "Supervisory Cooperation and Exchange of Supervisory Information" with the Central Bank of Nigeria
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RBI imposes penalty on Eko India Financial Services Pvt. Ltd.
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar. 21 (ANI): The Reserve Bank of India (RBI) on Tuesday imposed a monetary penalty of Rs. 5, 00,000 on Eko India Financial Services Private Limited, in exercise of the powers vested under the provisions of section 30 of the PSS Act, 2007 for not adhering to RBI instructi
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Maharashtra: RBI imposes penalty worth Rs. 2 lakh on Satara bank
Updated : 8 years, 6 months ago IST
Satara (Maharashtra) [India], Mar. 21 (ANI): The Reserve Bank of India (RBI) on Tuesday imposed a monetary penalty of Rs. 2 lakh on Harihareshwar Sahakari Bank Ltd. here for violating provisions relating to granting loans against property owned by directors.
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SC seeks response from Centre, RBI on plea over depositing old notes
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar.21 (ANI): The Supreme Court on Tuesday issued a notice to the Centre, asking it to file a reply within two weeks on the PIL filed by a person named Sharad Mishra, claiming that people are not being allowed to deposit their old currency notes till March 31 as promised b
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Adarsh Credit Cooperative Society welcomes RBI's move to open up UPI
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar 20 (ANI-NewsVoir): Digital wallets are set to be inter operable as Reserve Bank of India (RBI) prepares to open up the Unified Payments Interface platform as a part of government's digitization program. RBI is expected to issue guidelines shortly on interoperabili
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Finova Capital to disburse Rs. 100 Crore worth of loan to Indian MSMEs
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar. 14 (ANI): Finova Capital, the NBFC licensed by the Reserve Bank of India (RBI) announced its target of disbursing loans worth Rs. 100 Crore in 2017 to the Indian MSME sector.
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Cash withdrawal limits from banks removed from today
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar. 13 (ANI): All restrictions on cash withdrawal from savings bank account have been removed from today as the Reserve Bank of India (RBI) had announced about it last month.
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RBI issues directions on Alwar Urban Co-operative Bank
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar 9 (ANI): The Reserve Bank of India on Thursday notified an issue to Alwar Urban Co-operative Bank under sub-section (1) of Section 35A of the Banking Regulation Act, restricting the bank to grant or renew any loans and advances, make any investment, incur any liability
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