RBI imposes penalty on United Overseas Bank Limited

New Delhi [India], Oct 3 (ANI): Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on United...

RBI enhances withdrawal limit for PMC Bank depositors to Rs 25,000

New Delhi (India), Oct 3 (ANI): The Reserve Bank of India (RBI) on Thursday enhanced the withdrawal limit for the...

RBI quells rumours on banking system, says no need for...

New Delhi [India], Oct 1 (ANI): The Reserve Bank of India (RBI) on Tuesday sought to quell rumours in some locations...

No connection between RBI's action and FIR filed by Religare:...

New Delhi [India], Oct 1 (ANI): Lakshmi Vilas Bank (LVB) issued a public notice on Tuesday stating that the recent...

PMC bank didn't disclose exposure for over 6 years: Suspended...

Mumbai (Maharashtra) [India], Sept 28 (ANI): Punjab Maharashtra Cooperation (PMC) Bank did not report the financial...

RBI initiates prompt corrective action for Lakshmi Vilas Bank...

Mumbai (Maharashtra) [India], Sep 28 (ANI): The Reserve Bank of India (RBI) has initiated prompt corrective...

Congress accuses RBI of systemic failure as regulator

New Delhi [India], Sept 27 (ANI): The Congress on Friday accused the Reserve Bank of India (RBI) of 'systemic...

RBI increases withdrawal limit from Rs 1,000 to 10,000 for...

Mumbai (Maharashtra) [India], Sep 26 (ANI): In a relief for Punjab and Maharashtra Cooperative (PMC) Bank customers,...

Kirit Somaiya requests RBI to initiate criminal action...

New Delhi [India], Sept 26 (ANI): BJP leader Kirit Somaiya on Thursday wrote a letter to the Reserve Bank of India...

Social media rumours of banks shutting down false: RBI

New Delhi [India], Sept 25 (ANI): The government and Reserve Bank of India (RBI) denied reports on Wednesday that...

Slashing corporate tax rates a bold measure: RBI Governor Das

New Delhi [India], Sep 24 (ANI): The government's recent decision to cut corporate tax rates is a bold measure and...

RBI restricts activities of PMC Bank due to heightened risks

Mumbai (Maharashtra) [India], Sep 24 (ANI): The Reserve Bank of India (RBI) has restricted activities of Punjab and...