Business Tit-Bits: The RBI At A Dead End
In this episode of the Business Tit-bits, our Business Editor Mr Akhilesh Bhargava shares his take on the matter. #RBI #ReserveBankOfIndia #ShaktikantaDas...
Tag : RBI
Banks to remain closed for 21 days in October
Banks both public well as private will be closed for 21 days in October. October is a major holiday month with pan India level festivals...
Business Tit-Bits: Rajan Busts The Anti Nationalists
“Would the Central government be dubbed anti-national for its alleged poor performance initially on the Covid vaccination front, former RBI governor Dr Raghuram Rajan asked...
Dr. Rangarajan’s NPA Diagnosis
by Arti Ghargi
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...
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...