Tag: Reserve Bank of India
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Paytm Payments Bank Gets Lifeline: RBI Extends Shutdown Deadline by 15 Days
Good news for Paytm Payments Bank (PPBL) users! The Reserve Bank of India (RBI) has extended the deadline for Paytm Payments Bank Ltd (PPBL)...
RBI Gives Nod to HDFC Bank’s Stake Purchase in IndusInd
The Reserve Bank of India (RBI) has given the green light to HDFC Bank to buy up to 9.5% of IndusInd Bank's shares.
IndusInd Bank...
RBI Expands UDGAM Portal to Help Locate Unclaimed Deposits
RBI Expands UDGAM Portal to Help Locate Unclaimed Deposits:
The Reserve Bank of India (RBI) announced that it has added 30 banks to the...
Final Day for Exchanging rupee Rs 2000 Note Today
Final Day for Exchanging rupee Rs 2000 Notes Today:
The Reserve Bank of India (RBI) has clarified that the 2,000 rupee banknote will lose its...
RBI Governor Emphasizes the Importance of Forward-Looking Monetary Policy
RBI Governor Emphasizes the Importance of Forward-Looking Monetary Policy:
Reserve Bank of India (RBI) Governor Shaktikanta Das stressed the necessity of forward-looking monetary policy, warning...
RBI Broadens UPI Scope to Include Credit Lines as Funding Source
RBI Broadens UPI Scope to Include Credit Lines as Funding Source:
The Reserve Bank of India has broadened the UPI's reach by incorporating credit lines...
RBI: Penalty interest cannot be charged by lenders on loans
RBI: Lenders are prohibited from imposing penalties on loans.
The Reserve Bank of India (RBI) announced on Friday that banks are not allowed to utilize...
Lenders must inform borrowers when their loan’s EMI is reset
Borrowers must be informed when loan EMIs are reset by lenders.
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has opted...
The rupee is uncertain as stock markets fall
As equity markets fall, the rupee is under pressure
The Indian rupee continued to weaken, falling below 82.75 against the US dollar, a decrease of...
Banks must handle poor loan defaulters in a delicate manner.
Banks must handle delicately with poor borrowers who default on their loans.
Finance Minister Nirmala Sitharaman made an intervention during a Lok Sabha session, addressing...