A penalty of Rs 1.3 crore was imposed on SBI, Rs 1.62 crore on Indian Bank, Rs 1 crore on Punjab & Sind Bank, and Rs...
Former Deputy Governor Viral Acharya described the government's attempt to extract Rs 2-3 lakh crore as a 'back-door...
Data collected from major banks indicates that out of the total banknotes in the Rs 2000 denomination received back from...
However, the overall limit for offline transactions remains Rs 2,000 to contain the risks associated with the relaxation...
There have been instances of representatives of banks even indulging in physical violence while trying to recover loan...
The process, however, helped banks to reduce their ‘gross non-performing assets (GNPA)’ to ‘a 10-year low of 3.9 per...
'Agriculture and services activity would have to grow at 4.9 per cent and 13 per cent per annum, respectively, in the...
The Manipur government has recently issued a notification saying that relief measures may be taken up under RBI's...
Janakiraman has also served as a nominee director of the SBI on the boards of Yes Bank, Jio Payments Bank, and NPCI as...
The RBI's decision to permit wilful defaulters to choose a compromised settlement has drawn criticism from bank unions,...
RBI kept the repo rate unchanged at 6.50% for the second consecutive time and lowered the inflation forecast for FY24 to...
Seeking urgent listing of the plea, the lawyer said the Rs 2000 banknotes are being exchanged without any requisition...
Mr Upadhyay clarified that he was not challenging the decision to withdraw ₹ 2000 banknote but assailed the exchange of...
Market experts are of the opinion that the RBI's withdrawal of Rs 2,000 notes aims to enhance liquidity in the banking...