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      RBI imposes monetary penalty of over Rs 63 lakh on Bombay Mercant

RBI imposes monetary penalty of over Rs 63 lakh on Bombay Mercant

The RBI, in an official statement, said that this action is based on a deficiency in regulatory compliance and is...

      
      RBI now mandates Key Fact Statement for all retail, MSME loans

RBI now mandates Key Fact Statement for all retail, MSME loans

The Reserve Bank of India (RBI) has extended the requirement of a key fact statement to all retail and MSME loans in...

      
      RBI pegs India’s 2024-25 real GDP growth at 7%

RBI pegs India’s 2024-25 real GDP growth at 7%

The Reserve Bank of India (RBI), while maintaining the status quo in the repo rate, pegged India's GDP growth for...


      
      RBI leaves repo rate unchanged for sixth straight occassion

RBI leaves repo rate unchanged for sixth straight occassion

The Monetary Policy Committee of the Reserve Bank of India (RBI) in its February review meeting unanimously...


      
      'Expect RBI to again pause repo rate in February policy meeting'

'Expect RBI to again pause repo rate in February policy meeting'

The Monetary Policy Committee of the Reserve Bank of India (RBI) in its February review meeting is expected to again...

      
      RBI's directive only affects Paytm Payments Bank, not Paytm App

RBI's directive only affects Paytm Payments Bank, not Paytm App

Paytm, the pioneer of QR and mobile payments in India, has said that its app is working and will continue to work...


      
      RBI fines Mula Sahakari Bank Ltd in Maharashtra's Ahmednagar

RBI fines Mula Sahakari Bank Ltd in Maharashtra's Ahmednagar

The Reserve Bank of India (RBI) has imposed a penalty of Rs 50,000 on Mula Sahakari Bank Limited, Sonai, district...

      
      RBI slaps penalty on Bhilai Nagrik Sahakari Bank Maryadit

RBI slaps penalty on Bhilai Nagrik Sahakari Bank Maryadit

The Reserve Bank of India (RBI) has, by an order dated January 8, 2024, imposed a penalty of Rs 50,000 on Bhilai...


      
      'Digital currency will make cross border payments more efficient'

'Digital currency will make cross border payments more efficient'

Reserve Bank of India (RBI) Governor Shaktikanta Das feels digital currency or Central Bank Digital Currency...


      
      RBI Deputy Governor Patra’s tenure extended by another year

RBI Deputy Governor Patra’s tenure extended by another year

The Appointments Committee of the Cabinet has approved the re-appointment of Deputy Governor (DG) of Reserve Bank of...

      
      RBI imposes monetary penalty on three banks

RBI imposes monetary penalty on three banks

The Reserve Bank of India (RBI) has imposed monetary penalties, of varying degrees, against ESAF Small Finance Bank,...

      
      Indian banking system well-placed to support growth: RBI Governor

Indian banking system well-placed to support growth: RBI Governor

Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that India's banking sector as a whole has...

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