Dr. Rangarajan’s NPA Diagnosis
A recent article, co authored by Dr. Rangarajan the eminent economist and former governor of the RBI, speaks about the causes of NPAs and preventing...
Tag : RBI
Why RBI Restrained Mastercard From Issuing New Cards In India?
With effect from July 22, the Reserve Bank of India (RBI) has barred Mastercard Asia Pacific from onboarding new credit, debit and prepaid card customers....
Why RBI Restrained Mastercard From Issuing New Cards?
The RBI took this decision owing to the company’s failure to comply with data storage norms. With effect from July 22, the Reserve Bank of...
RBI Imposes Monetary Penalties On SBI, Bank of Baroda, 12 Other Banks
The penalty imposed amounts to a total of Rs 14.5 crore with a maximum 2 crore fine on Bank Of Baroda. The Reserve Bank of...
Editorial with Sujit Nair: What Do You Do If You Can’t Pay Your EMI???
The pandemic broke the back of India’s economy and more so of Indian Middle-class. Many lost their family members, some lost earning family members while...
RBI Hikes ATM Cash Withdrawal Charges; To Come In Effect From Jan’22
Bank customers will have to pay Rs 21 per transaction, instead of Rs 20, with effect from January 1, 2022, if they exceed the monthly...
RBI Imposes Rs 6 Crore Fine On Bank Of India, PNB For Non-Compliance Of Norms
In both cases, notices were issued to banks to show cause as to why penalties should not be imposed on them for such violations of...
Business tit-bits: Why The RBI Monetary Policy Fails?
In this episode of the Business tit-bits our Business Editor Mr Akhilesh Bhargava shares his take on the matter. #RBI #MonetaryPolicy #MPC...
RBI Keeps Repo Rate Unchanged At 4%, GDP Forecast Cut To 9.5% For FY22
According to the RBI governor, unlike the first wave, the impact of the second COVID-19 wave on economic activity is expected to be relatively contained...
Headlines: Indian Team Leaves Dominica as Mehul Choksi’s Extradition Not In Sight Yet
The Indian team, which was in Dominica to get Mehul Choksi to India after his possible deportation, has left the Caribbean Island without the fugitive...