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Reports of cash shortage defy logic: SBI
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 18 (ANI): In the wake of a reported cash crunch in the country, the State Bank of India (SBI) on Wednesday rubbished reports saying they "defy logic".
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CBI arrests promoters, directors of Vadodara company in loan-default case
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 18 (ANI): The Central Bureau of Investigation (CBI) on Wednesday arrested the promoters and directors of Diamond Power Infrastructure Ltd, a Vadodara-based firm accused of an alleged loan default.
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Common man perturbed as cash crunch continues
Updated : 7 years, 11 months ago IST
Bhopal/Ranchi/Bhubaneswar/Ahmedabad [India], Apr. 18 (ANI): The nation is witnessing a currency shortage for the second day in a row, causing a disruption of one's daily routine.
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RBI refutes reports of currency shortage
Updated : 7 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr. 17 (ANI): Amid outrage over an alleged cash crunch in the country, the Reserve Bank of India (RBI) on Tuesday clarified that no currency shortage took place.
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Cash crunch due to shortage of Rs 2000 notes: MP Finance Minister
Updated : 7 years, 11 months ago IST
Bhopal (Madhya Pradesh) [India], Apr. 17 (ANI): Madhya Pradesh Finance Minister Jayant Kumar Malaiya claimed that the ongoing nationwide cash crunch was on account of a shortage of supply of Rs. 2000 currency denomination.
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Parliamentary Committee summons RBI Governor amid banking scams
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 17 (ANI): Amid the banking scams unearthed in the recent past, the Parliamentary Committee has reportedly summoned Reserve Bank of India (RBI) Governor Urjit Patel.
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Normalcy will be restored within a week: SBI on cash crunch
Updated : 7 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr. 17 (ANI): Rajnish Kumar, Chairman, State Bank of India (SBI) on Tuesday assured the people of the country that the situation of cash crunch is 'temporary' and that normalcy will be restored within a week.
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Finance Ministry assures of resolving cash crunch soon
Updated : 7 years, 11 months ago IST
New Delhi [India] Apr. 17 (ANI): Minister of State for Finance Shiv Pratap Shukla on Tuesday accepted reports of an alleged cash crunch in the country and said the shortage will be resolved within three working days.
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Twin balance sheet problem nearing resolution: ASSOCHAM
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 15 (ANI): The long-pending problem of twin balance sheets of banks and highly leveraged corporate firms is likely to be resolved reasonably in the forthcoming quarters, the ASSOCHAM said on Sunday.
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RBI slaps Rs.3 Cr monetary penalty on IDBI bank
Updated : 7 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr. 12 (ANI): The Reserve Bank of India (RBI) imposed monetary penalty worth Rs. 3 crore on IDBI Bank for not complying with the outlined norms related to reporting of bad loans.
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Cryptocurrency: ASSOCHAM calls for extreme care
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 08 (ANI): Commenting on the Reserve Bank of India's (RBI) move to explore and examine the introduction of official virtual currency in the country, apex trade association, the ASSOCHAM, cautioned that extreme care needs to be taken to ensure safety of data trail that
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RBI's Ban on cryptocurrencies leaves One Crypto-Asset unaffected, claims m
Updated : 7 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 07 (Businesswire-India): With RBI's announcement of the ban imposed on all cryptocurrency sale or purchases through banking and e-wallets regulated by them, the whole cryptocurrency market and the crypto-economy has been shaken and stirred.
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