RBI Archives - Page 22 of 39

RBI raised red flag over Electoral Bonds before 2017 budget announcement, but Modi govt looked otherwise: Report

TestHostEntryNovember 19, 2019June 4, 2022

by TestHostEntryNovember 19, 2019June 4, 2022

The then Revenue Secretary Hasmukh Adhia dismissed the RBI’s concerns. In a note, he wrote that the RBI didn’t understand the proposed mechanism of Electoral...

National

Rahul Gandhi says in New India, bribes and illegal commissions are called electoral bonds

TestHostEntryNovember 18, 2019June 4, 2022

by TestHostEntryNovember 18, 2019June 4, 2022

Congress leader Rahul Gandhi takes a jibe at the BJP government and said, “In ‘New’ India, bribes & illegal commissions are called Electoral Bonds,” New...

Business & Finance

RBI extends withdrawal limit for PMC Bank account holders to Rs 50,000

TestHostEntryNovember 5, 2019June 4, 2022

by TestHostEntryNovember 5, 2019June 4, 2022

The RBI has also allowed PMC Bank account holders to withdraw money from the bank’s own ATMs within the prescribed limit of Rs 50,000. Some...

Business & Finance

Bandhan Bank fined Rs 1 Crore by RBI for violating promoter holding norms

TestHostEntryOctober 30, 2019June 4, 2022

by TestHostEntryOctober 30, 2019June 4, 2022

Accordingly, the Bandhan bank had to reduce its promoter stake from 82 to 40% by August 2018 as per RBI rules. But the bank failed....

Business Headlines

Business Headlines: Rajan hits the government hard

TestHostEntryOctober 23, 2019June 4, 2022

by TestHostEntryOctober 23, 2019June 4, 2022

In the second part of this two part series, we tell you how Mr Raghuram Rajan focused on what exactly the Modi led BJP government...

Business Headlines

Business Headlines: Rajan diagnoses what the government can’t

TestHostEntryOctober 22, 2019June 4, 2022

by TestHostEntryOctober 22, 2019June 4, 2022

Few days prior to the build up of the state elections, a war of words escalated when FM Nirmala Sitharaman said that Public Sector Banks...

National

RBI to meet delegations of 10 PMC Banks Scam Protestors

TestHostEntryOctober 22, 2019June 4, 2022

by TestHostEntryOctober 22, 2019June 4, 2022

Current sources say the representatives will come back to Azad Maidan after the meeting to decide the next course of action Mumbai: 10 representatives of...

Business & Finance

Is Dr Rajan an economist?

TestHostEntryOctober 19, 2019June 4, 2022

by TestHostEntryOctober 19, 2019June 4, 2022

The blame game between Manmohan Singh and Nirmala Sitharaman is one between two politicians and it is understandable, but that involving Dr Rajan is not....

National

No relief to PMC bank account holders from Supreme court

TestHostEntryOctober 18, 2019June 4, 2022

by TestHostEntryOctober 18, 2019June 4, 2022

The petitioners had approached the Supreme Court earlier this week, seeking redressal of certain aspects associated with the PMC Bank crisis New Delhi: Today the...

Business & Finance

What was RBI doing?

TestHostEntryOctober 17, 2019June 4, 2022

by TestHostEntryOctober 17, 2019June 4, 2022

In a recent board meeting of the RBI, its external directors have questioned as to why did the string of frauds that have gone undetected...