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 : Reserve Bank of India
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....
Business Tit-Bits: If Not Now, Then When???
Leading banker Uday Kotak has asked both the Reserve Bank of India (RBI) and the government of India to print more money to help the...
Business Tit-Bits: From Yes Bank To No Bank
The Reserve Bank of India has imposed moratorium (temporary restriction) on Yes Bank. According to PTI, sources say that the withdrawal limit has been capped...
“No Yes Bank”: Rahul Gandhi Blames Modi For Destroying Indian Economy
The statement of Rahul Gandhi came hours after the Reserve Bank of India placed Yes bank under Moratorium and capped the withdrawal limit at 50,000...
PMC Bank MD Joy Thomas arrested by Mumbai Police
ED registered a money laundering case against PMC bank officials and directors of realty firm HDIL Rakesh and Sarang Wadhawan in the PMC Bank case....
As account holders panic, RBI says Indian Banking system is completely safe
RBI tweeted that it would like to assure the general public that the Indian banking system is safe and stable and there is no need...
Governments that are intolerant towards criticism make mistake: Raghuram Rajan
Raghuram Rajan said that being lost in historical achievements, opposing foreign ideas and feeling of insecurity about foreigners has a bad effect on economic development....
Business Tit-Bits: Is the Reserve bank also guilty?
The Reserve Bank is India’s supreme regulator for banks, NBFCs and financial institutions. It formulates the rules and regulations for them, enforces their compliance. In...
Manipulation of Rs. 13,500 crores; Punishment– only a year’s ban
When a lender gives a loan to an unworthy borrower, who obviously defaults, both of them land in a crisis and both can get bankrupted,...