All posts tagged "RBI"
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69NEWSRBI Cancels Licence Of Mumbai-based The City Co-operative Bank
RBI cancelled the licence of The City Cooperative Bank, Maharashtra for lacking adequate capital and earning prospects. The Reserve Bank on Wednesday...
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81FINANCEFixed deposits: Which bank is offering highest FD interest rates post RBI bulk deposit rule change?
The RBI revisiting the bulk deposit rules has much significance in a sense that interest rates on retail deposits and bulk deposits...
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54FINANCEForex reserves surge by $4 billion to $655.8 billion, a record high
Mumbai: The country’s foreign exchange reserves surged to a record high of $655.8 billion on June 7, 2024, marking an increase of...
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77NEWSRBI Imposes Rs 1.45-Crore Penalty on Central Bank of India; Details Here
The RBI conducted Central Bank of India’s Statutory Inspection for Supervisory Evaluation (ISE 2022) with reference to its financial position as on...
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99FINANCEFixed Deposit Terms: 9 banks make changes post RBI’s new guidelines on FDs
Latest Fixed Deposit Terms: Following the Reserve Bank of India‘s (RBI) latest monetary policy meet, several major banks have adjusted their fixed...
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74BUSINESSIndia’s Wholesale Price Inflation Spikes To 15-Month-High At 2.61%; Vegetable And Energy Rates Main Factors
The overall wholesale inflation in India, based on the Wholesale Price Index rose to 2.61 per cent in May versus 1.26 reported...
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64BUSINESSWheat Prices Up 7%: Govt Says It Is Monitoring Prices, Says India Has Ample Wheat Stocks
As of January 1, 2024, the wheat stock stood at 16.35 million tonnes, well above the prescribed buffer norm of 13.8 million...
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76BUSINESSPaytm Lays off Employees As Part of Restructuring, Announces Bonus
Fintech firm One97 Communications is laying off an undisclosed number of employees Fintech company One97 Communications, which owns the Paytm brand, is...
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115MUST KNOWHassle-free FASTag, Metro card payments from now on; RBI puts them under e-mandate list
The Reserve Bank of India has decided to include FASTags and National Common Mobility Card (NCMC) in the e-mandate framework to make...
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120MUST KNOWGood news for Fastag, metro card users! RBI allows automatic recharge facility via e-mandate
In a move aimed at making travel by road and metro hassle-free, the Reserve Bank has allowed processing of recurring transactions through...
