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Stories
“Things Are Going To Get Worse For The Financial System” – Warns RBI For The First Time With Numbers
COVID-19 has batted the global economy causing the worst recession since the Great Depression of the 1930’s. It will be…
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Approval from RBI to Route One to increase its stake in IndusInd Bank up to 10%
Approval from RBI to Route One to increase its stake in IndusInd Bank up to 10% The bank shares rose…
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Stories
Court Seeks Response From RBI On Plea To Withdraw Five Lakh Rupees From PMC bank
The Delhi High Court on Tuesday sought a response from the Central Government and the Reserve Bank of India (RBI)…
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Finance Ministry May Review The Capital Requirements Of Public Sector Banks.
The Finance Ministry will review the capital needs of public sector banks after the second quarter of the current financial…
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Enhanced borrowing limit extends till 30 September: RBI
Looking upon the ongoing stressful condition of the nation’s economy created by the COVID-19 pandemic, it has been decided to…
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RBI launches inflation expectations survey to gather responses over telephone amid the devastating Covid-19
RBI launches inflation expectations survey; to gather responses over telephone amid a pandemic The Reserve Bank of India (RBI) has…
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Stories
RBI Lays a 6-Month Ban on People’s Co-operative Bank; The Bank Will No Longer Allow Loans nor Accept Deposits
The Reserve Bank of India (RBI) has imposed a 6-month ban on the People’s Co-operative Bank. The ban has been…
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Stories
RBI declares, Creation of Payments Infrastructure Development Fund to shoot-up the use of POS Machines in Small Cities & Towns
New Delhi. The Reserve Bank of India (RBI) on Friday declared the creation of a Payments Infrastructure Development Fund (PIDF).…
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6-month Interest-Free Moratorium wavier from SC will ensue in the loss Rs 2 lakh crore to Indian banks says RBI
New Delhi. The Reserve Bank of India (RBI) on Wednesday informed the Supreme Court that if the loan repayment of…
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Stories
Reserve Bank Of India Governor Shaktikanta Das Hold Briefing Today After Nirmala Sitharaman
Reserve Bank of India (RBI) Governor Shaktikanta Das, held a press conference and announced a major relief to the customers.…
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