New Delhi, Oct 18 (ANI): In another setback to PMC bank account holders, the Supreme Court on Friday refused to entertain a petition which sought direction to Reserve Bank of India (RBI) against putting a restriction on withdrawal of money.
Mumbai (Maharashtra) [India], Oct 15 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on Lakshmi Vilas Bank for non-compliance with certain provisions of directions on Income Recognition and Asset Classification (IRAC) norms.
New Delhi [India], Oct 14 (ANI): The Reserve Bank of India (RBI) has enhanced the withdrawal limit for depositors of Punjab and Maharashtra Cooperative (PMC) Bank Ltd to Rs 40,000.
Chandigarh [India], Oct 11 (ANI): The Reserve Bank of India (RBI) Central Board met on Friday in Chandigarh under the Chairmanship of Governor Shaktikanta Das.
Mumbai (Maharashtra), Oct 10 (ANI): The proposed merger of private sector lender Lakshmi Vilas Bank (LVB) with home financier Indiabulls Housing Finance has failed to get approval from the Reserve Bank of India (RBI).
Mumbai (Maharashtra) [India], Oct 9 (ANI): The Reserve Bank of India (RBI) has approved six months extension to R K Chhibber as the interim Chairman and Managing Director of the Jammu and Kashmir Bank.
New Delhi [India], Oct 7 (ANI): Shiromani Akali Dal (SAD) on Monday demanded that the Reserve Bank of India (RBI) should take over the operations of the Punjab and Maharashtra Co-operative Bank (PMCB) and the money of account holders should be given back to them.
Mumbai (Maharashtra) [India], Oct 4 (ANI): The interest rate cut by Reserve Bank of India (RBI) failed to boost market sentiment on Friday as equity benchmarks fell after the central bank also lowered its forecast of GDP growth rate to 6.1 per cent for the current financial year.
New Delhi [India], Oct 4 (ANI): Reduction of interest rate by 0.25 per cent by the Reserve Bank of India (RBI) and the accompanying dovish statement keeps the door open for future reductions to revive economic growth amid volatile global trade, experts said on Friday.
Mumbai (Maharashtra) [India], Oct 4 (ANI): The Reserve Bank of India (RBI) on Friday cut repo rate for the fifth consecutive time this calendar year to 5.15 per cent from the current 5.4 per cent in a bid to support government measures for boosting economic activity amid benign inflation.
Mumbai (Maharashtra) [India], Oct 4 (ANI): The Reserve Bank of India (RBI) on Friday cut repo rate for the fifth consecutive time this calendar year to 5.15 per cent from the current 5.4 per cent in a bid to support government measures for boosting economic activity amid benign inflation.
Mumbai (Maharashtra) [India], Oct 4 (ANI): Equity benchmark indices traded with healthy gains during early hours amid hopes of key interest rate cuts by the Reserve Bank of India (RBI) later on Friday.