Tag Archives: Reserve Bank Of India

[ad_1] The RBI has decided to harmonise all instructions on KFS and disclosure of the Annual Percentage Rate (APR). [ad_2] Source link

[ad_1] UPI rule change for PPIs: Unified Payments Interface (UPI) and wallets like Paytm, PhonePe, and Amazon have become integral to our daily transactions. Whether it’s paying for groceries, bills, or other expenses, we rely on these platforms regularly. However, a common complaint among users is the limited flexibility in …

[ad_1] New Delhi: According to the Reserve Bank of India (RBI) holiday list, banks in certain states will remain closed on Thursday in observance of Ramzan-Id (Eid-Ul-Fitr). This follows a series of consecutive holidays from April 9 to April 14 for various festivals including Gudi Padwa, Ugadi, Telugu New Year, Bohag …

[ad_1] The government will have the option to retain additional subscriptions up to Rs 2,000 crore against each of these securities. [ad_2] Source link

[ad_1] New Delhi: The Reserve Bank of India (RBI) on Monday said nearly 97.69 per cent of the Rs 2000 denomination bank notes have returned to the banking system, and only Rs 8,202 crore worth of the withdrawn notes are still with the public. On May 19, 2023, the …

[ad_1] NEW DELHI: Prime Minister Narendra Modi will visit Mumbai on Monday, 1 April, 2024, where he will address the ceremony commemorating 90 years of Reserve Bank of India (RBI). PM Modi is expected to address the event at 11am.Finance minister Nirmala Sitharaman will also be present at the event …

[ad_1] The introduction of DIGITA is expected to enhance transparency and accountability within the digital lending sector. [ad_2] Source link

[ad_1] New Delhi: The Reserve Bank of India (RBI) has announced a temporary suspension of the facility for exchanging and depositing Rs 2,000 banknotes at 19 of its issuing offices. This suspension is due to operations associated with the annual closing of accounts, as stated by the central bank. Temporary …

[ad_1] New Delhi: The Reserve Bank of India on Wednesday imposed a Rs 6 lakh fine on Himachal Pradesh’s The Mandi Cooperative Bank for breaching prudential inter-bank exposure limits in FY22.The Mandi-headquartered bank was found to be breaching certain limits, warranting the imposition of the monetary penalty, as per an official …

[ad_1] New Delhi: The Sovereign Gold Bond 2016 Series II, initiated in 2016 is due for redemption on 28 March 2024, the Reserve Bank of India (RBI) has announced. “In terms of GOI Notification F.No.4(19) – W&M/2014 dated March 04, 2016 (SGB 2016 Series II – Issue date March …