Search For "rbi"
ACB raids Guru Raghavendra Co-op Bank in Bengaluru
Updated : 5 years, 9 months ago IST
Bengaluru (Karnataka) [India], June 19 (ANI): Anti-Corruption Bureau (ACB) on Thursday raided offices of Sri Guru Raghavendra Co-operative Bank, including the residence of present and previous chairmen in Bengaluru over allegations of irregularities in financial transactions.
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Centre has to take a stand on issue of interest on loans during moratorium
Updated : 5 years, 9 months ago IST
New Delhi [India], June 17 (ANI): The Supreme Court on Wednesday pulled up the Central government and asked it to step up and take a stand over the issue related to charging interest on EMIs during the six month moratorium period granted in view of COVID-19 pandemic.
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RBI constitutes Internal Working Group to review extant ownership guidelin
Updated : 5 years, 9 months ago IST
New Delhi [India], June 13 (ANI): Reserve Bank of India (RBI) has constituted an Internal Working Group to review extant guidelines on ownership and corporate structure for Indian private sector banks, the apex bank said.
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SC asks RBI, finance ministry officials to decide on EMI interests during
Updated : 5 years, 9 months ago IST
New Delhi [India], June 12 (ANI): The Supreme Court on Friday asked the officials of the Finance Ministry and the Reserve Bank of India (RBI) to convene a joint meeting within three days to decide whether interest on EMIs during the six month moratorium period can be charged by banks or n
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RBI calls on credit rating agencies to gather views on economy
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 11 (ANI): Reserve Bank of India Governor Shaktikanta Das on Thursday held a meeting with chiefs of credit rating agencies to discuss the macroeconomic situation and outlook on various sectors of the economy.
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COVID-19: Delhi HC notice to Centre, RBI on plea for restructuring of loan
Updated : 5 years, 9 months ago IST
New Delhi [India], June 11 (ANI): Delhi High Court has issued notice to the Central government, Reserve Bank of India (RBI) and others on a plea seeking directions to allow a one-time restructuring of loans by all banks and non-banking financial companies (NBFCs) in the wake of coronaviru
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Amrapali case: SC directs RBI to allow banks to release sanctioned loans t
Updated : 5 years, 9 months ago IST
New Delhi [India], June 10 (ANI): In a relief to Amrapali homebuyers, the Supreme Court on Wednesday directed Reserve Bank of India (RBI) to allow banks to release sanctioned loans to home buyers notwithstanding their account being non-performing assets (NPAs).
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RBI creates Payments Infrastructure Development Fund to boost digitisation
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 5 (ANI): The Reserve Bank of India (RBI) said on Friday it is creating a Payments Infrastructure Development Fund to push digital payments across the country.
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Economic aspect not higher than people's health: SC after RBI says interes
Updated : 5 years, 9 months ago IST
New Delhi [India], June 4 (ANI): Economic aspect is not higher than the health of the people, the Supreme Court told the Reserve Bank of India (RBI) on interest waiver during loan moratorium.
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RBI cautions SC of Rs 2 lakh crore loss if interest is waived off during l
Updated : 5 years, 9 months ago IST
New Delhi [India], June 4 (ANI): The Reserve Bank of India (RBI) filed an affidavit before the Supreme Court stating to not allow the petition seeking a waiver of interest for six month moratorium period on loan repayments during this COVID-19 period.
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Invest now in Bajaj Finance Fixed Deposits to protect savings
Updated : 5 years, 10 months ago IST
Pune (Maharashtra) [India] May 30 (ANI/BusinessWire India): Families today face a rare dilemma: on one hand, the past few months have led to discretionary spending and surplus cash in hand. Conversely, the economy is struggling, which translates to a decline in the average risk appetite when
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RBI imposes penalty of Rs 4 cr on Citibank
Updated : 5 years, 10 months ago IST
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).
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