Tag archive for ‘RBI’
SC asks scam-hit PMC Bank account holders' plea to approach High Court
By admin On Friday, October 18th, 2019
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SC asks scam-hit PMC Bank account holders to approach High Court

Apex court turned down Friday the plea filed by account holders of scam-hit PMC Bank to lift cash withdrawals restrictions imposed by RBI. Earlier this week the banking regulator raised the limit to Rs 40,000 from More...

By Paul Linus On Wednesday, December 19th, 2018
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Rahul Gandhi’s farm loan waiver policy to pave sleepless economy: RBI

More than 90 percent Indians are sleep deprived. Is it time for Prime Minister Modi to join such mass? He is threatened by Congress President Rahul Gandhi not to let him sleep until farm loans are written off. Modi’s More...

By Paul Linus On Monday, December 10th, 2018
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BREAKING: RBI Governor Urjit Patel steps down citing personal reasons

RBI Governor Urjit Patel stepped down Monday citing personal reasons, but was earlier in a conflict with Union finance ministry related to monetary policy. Patel said, “On account of personal reasons, I have More...

By Paul Linus On Saturday, March 17th, 2018
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Over Rs 11 Thousand Crore Lying Unclaimed With Indian Banks: RBI

Reserve Bank of India (RBI) reveals about Rs 11,300 crore is lying unclaimed with several banks including Punjab National Bank (PNB) and State Bank of India (SBI). According to former RBI chair professor at IIM-B More...

By Paul Linus On Monday, September 4th, 2017
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RBI Lists HDFC As “Too Big To Fail”

HDFC Bank gets the status of being “too big to fail” by the Reserve Bank of India (RBI) and joins top lenders State Bank of India (SBI) and ICICI Bank. Below are some basic things to know about the terminology More...

By Paul Linus On Wednesday, August 23rd, 2017
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RBI To Introduce Rs 200 Notes In Circulation

A notification in the Gazette of India reveals soon new Rs 200 notes will be in circulation to bridge gap between Rs 100 and Rs 500 notes. It is learned the printing process of Rs 200 notes is almost completed and More...

By Paul Linus On Friday, July 7th, 2017
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Reserve Bank Of India Limits Customers’ Liability In Unauthorized Transactions

Reserve Bank of India (RBI) has come up with norms favouring customers who make online transactions. It limited the liability of account holders and directed the banks to credit the amount of electronic transaction More...

By Paul Linus On Tuesday, June 14th, 2016
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Reserve Bank of India kept the key repo and reverse repo rates unchanged in the second bi-monthly review

The Reserve Bank of India kept the key repo and reverse repo rates unchanged in the second bi-monthly review for the current financial year. Though some sections of the industry were expecting a reduction of 25 More...

No penalty zero balance
By admin On Friday, April 4th, 2014
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NO PENALTY BELOW ON ACCOUNT FOR BALANCE BELOW MINIMUM LIMIT

It’s a good news for frequent money withdrawalers as , Customers may soon be spared penalties for non-maintenance of minimum balances in savings accounts with the RBI asking banks to cut down services on low-balance More...

By admin On Thursday, January 23rd, 2014
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NEWS 24 X 7

1. RBI to withdraw old currency notes issued after 2005 by 1st April.. 2. Kejriwal is Aeda(crazy)- Shinde 3. Modi conducts rally in Gorakhpur, 2 caught with sharp weapons.. smarttechtoday.com 4. SP supreme Mulayam More...