Search For "the reserve bank of india"
Withdrawal limit should be increased: Eknath Gaikwad on PMC Bank crisis
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Nov 19 (ANI): Congress leader Eknath Gaikwad on Tuesday wrote a letter to Maharashtra Governor Bhagat Singh Koshyari over the PMC Bank crisis and suggested that the Reserve Bank of India should increase the withdrawal limit to Rs 2 lakh per month for saving acco
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RBI files affidavit in Bombay HC on pleas challenging withdrawal limit imp
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Nov 19 (ANI): The Reserve Bank of India (RBI) on Tuesday filed a detailed affidavit in the Bombay High Court on a batch of petitions filed by the depositors of the Punjab & Maharashtra Co-operative Bank (PMC) challenging the limit imposed by it on the withdrawal
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New RBI nominee on the board of Lakshmi Vilas Bank
Updated : 6 years, 7 months ago IST
Chennai (Tamil Nadu) [India], Nov 19 (ANI): Troubled private sector lender Lakshmi Vilas Bank (LVB) said on Tuesday that Sundaram Shankar, General Manager at the Reserve Bank of India (RBI) Hyderabad regional office, has been appointed as additional director on the board for a period of two
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RBI asks banks not to charge savings account customers for NEFT
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Nov 8 (ANI): The Reserve Bank of India (RBI) on Friday mandated banks not to charge savings account holders for National Electronic Funds Transfer (NEFT) from January 2020.
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RBI raises withdrawal limit for PMC depositors to Rs 50,000
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Nov 5 (ANI): As angry depositors of Punjab and Maharashtra Cooperative (PMC) Bank took to streets on Tuesday in order to stage their protest, the Reserve Bank of India (RBI) enhanced the withdrawal limit to Rs 50,000.
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PMC Bank depositors protest outside RBI office in Mumbai
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Nov 5 (ANI): Punjab and Maharashtra Co-operative (PMC) Bank depositors held a protest outside the Reserve Bank of India (RBI) office here on Tuesday.
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RBI announces opening of first cohort under the regulatory sandbox
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Nov 4 (ANI): The Reserve Bank of India (RBI) on Monday announced the opening of the first cohort under the regulatory sandbox with retail payments as its theme.
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Bombay HC asks RBI to file affidavit on plea challenging withdrawal limit
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Nov 4 (ANI): The Bombay High Court on Monday directed the Reserve Bank of India (RBI) to file an affidavit on a petition filed by the depositors of the PMC Bank challenging the limit imposed by it on the withdrawal of money.
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RBI imposes monetary penalty on Bandhan Bank Limited
Updated : 6 years, 8 months ago IST
New Delhi [India], Oct 30 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on Bandhan Bank Limited.
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RBI imposes penalty on Janata Sahakari Bank, Jalgaon Peoples Co-operative
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Oct 29 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on Janata Sahakari Bank Ltd, Pune and of Rs 25 lakh on Jalgaon Peoples Co-operative Bank Ltd.
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RBI quashes reports of it selling gold reserves
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Oct 27 (ANI): The Reserve Bank of India (RBI) on Sunday clarified that it had not sold any of its gold reserves or done any trading in the yellow metal.
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PMC Bank scam: Depositors stage protest in Mumbai
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Oct 19 (ANI): Scores of depositors of the scam-hit Punjab and Maharashtra Cooperative (PMC) Bank staged a protest here on Saturday demanding the removal of restriction on cash withdrawal imposed by the Reserve Bank of India (RBI), which is currently capped at Rs
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