Indian Bank reports fraud of over Rs 33cr to RBI
Indian Bank has reported a fraud of more than Rs 33 crore to the Reserve Bank, involving two of its
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Reserve Bank Corner
Reserve Bank panel recommends withdrawal of 150 circulars
The Reserve Bank withdrew more than 100 redundant circulars following recommendations made by the Regulations Review Authority. The redundant circulars
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Identify cos that are not viable : RBI Chief
RBI governor Shaktikanta Das asked lenders to proactively identify loans to firms that have turned non-viable but not yet recognised
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Gold bars seized by I-T Dept to be sold to Reserve Bank
Finance Ministry has decided that hereafter seized or confiscated gold will be sold to the Reserve Bank of India (RBI)
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RBI opens UPI to basic phones
The Reserve Bank of India (RBI) is set to bring more users under the ambit of the homegrown unified payments
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Jury is still out: RBI Deputy Guv on entry of big biz groups in banking
“The jury is still out” on the issue of allowing big corporates into the banking space, says M Rajeshwar Rao,
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Indian economy recovering well; Omicron a risk: RBI
The Indian economy “continues to forge ahead, emerging out of shackles of pandemic,” but the rise of the Omicron variant
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RBI gets 2,562 plaints against lending apps
The Reserve Bank of India (RBI) has received 2,562 complaints against digital lending apps during the 15-month period ended March
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RBI clears LIC stake hike in Kotak Mahindra Bank
Life Insurance Corporation of India has got approval from the Reserve Bank of India to increase its stake in Kotak
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RBI comes up with draft planfor PMC Bank takeover
Inching closer to resolving the Punjab and Maharashtra Cooperative (PMC) Bank issue, the Reserve Bank came out with a draft
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