Reserve Bank of India

Mumbai, Dec 15 (UNI)- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 14 lakh on five cooperative banks for non-compliance with rules on Friday.The RBI has taken these actions under Section 47A (1) (C), Section 46 (4)…

Mumbai, June 8 (UNI) Amid downward trend in retail inflation and staying in its target range, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Thursday kept the repo rate unchanged at 6.5%.Repo rate refers to…

Kolkata, Feb 8 (UNI) - The 25 bps rate hike by the Reserve Bank of India (RBI) is much along the expected lines, according to Anuj Puri, Chairman – Anarock GroupWith repo rates now at 6.5 pc, there could be some repercussions…

RBI hikes Repo Rate by 25 bps

Pune: Policenama online  - The RBI has taken punitive action against three co-operative banks including two from Maharashtra. The action has been taken for violation of rules of RBI.The banks against whom the RBI has taken…

Pune : Policenama online - The Rupee Bank depositors rights association has demanded that the Reserve Bank of India (RBI) should not indulge in time wasting tactics and take the decision of merging the bank with another bank to ensure that…

Ahmednagar :   Policenama online  Union Co-operative Minister Amit Shah said today that Maharashtra is as holy as Kashi in the field of co-operative sector. He was speaking at the first co-operative conference held at Pravara Nagar in Ahmed…

New Delhi: Reserve Bank of India (Reserve bank of India) has decided to implement OTP-based transaction arrangements at ATMs at different levels. Under the RBI guidelines, several banks, including SBI, Canara Bank, PNB, has now made OTP…

The Reserve Bank of India announces to develop a transparent and customer-friendly mechanism (ODR) for redressal of customer complaints; National Payments Corporation of India (NPCI) has started UPI-Help on BHIM UPI. BHIM UPI app users…

New Delhi: The Reserve Bank of India (RBI) has mentioned some days when the banking operations will remain closed in March.According to the calendar issued by RBI, a total of 11 days in March, including Holi and Mahashivaratri, will…