RBI Cancels Licence Of Shankarrao Pujari Nutan Nagari Sahakari Bank; What Happens To Customer's Money?
RBI has prohibited Shankarrao Pujari Nutan Nagari Sahakari Bank Limited from conducting any banking business further effective from 04 December, 2023.
Dec 05, 2023, 10:42 AM IST
Are Rs 2,000 Bank Notes Still A Legal Tender? Check What RBI Said
The Reserve Bank of India (RBI) has said that 97.26% of the Rs 2000 banknotes in circulation as on May 19, 2023, has since been returned.
Dec 04, 2023, 09:14 AM IST
1st Sovereign Gold Bonds To Mature On November 30: Check Final Redemption Price And Other Details
Sovereign Gold Bond Scheme are government securities denominated in grams of gold.
Nov 28, 2023, 09:47 AM IST
RBI Imposes Penalty Of Rs 42.78 Lakh On Manappuram Finance For Flouting Several Norms
This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the company with its customers, RBI said.
Nov 17, 2023, 09:25 AM IST
RBI Imposes Penalty Of Rs 90.92 Lakh On Axis Bank For Flouting Several Norms
Axis bank failed to preserve records pertaining to the identification of customers and their addresses in certain cases.
Nov 17, 2023, 09:03 AM IST
Why Is RBI Issuing Caution Against Smaller Personal Loans Less Than Rs 50,000?
Smaller loans with ticket size of Rs 10,000- Rs 50,000 seems to have sparked a certain amount of concern for the Reserve Bank Of India. We explain.
Nov 06, 2023, 11:55 AM IST
SBI Q2 Results Declared: Net Profit Jumps By 9.13% To Rs 16,099 Crore
On a standalone basis, it posted a net profit of Rs 14,330.02 crore as against Rs 13,264.52 crore in the year-ago period.
Nov 04, 2023, 17:05 PM IST
Ensure Two Whole Time Directors Including MD And CEO On Boards: RBI Tells Pvt Banks
RBI added that the number of Whole Time Directors shall be decided by the Board of the bank by taking into account factors such as the size of operations, business complexity, and other relevant aspects.
Oct 26, 2023, 13:13 PM IST
RBI Penalises Union Bank, RBL Bank, Bajaj Finance Over Non-Compliance
In all cases, the RBI added that penalties were based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the entities with their respective customers.
Oct 14, 2023, 09:14 AM IST
Bank Of Baroda Assures Customers, Says This On RBI's Action Against On Onboarding Through BoB World Mobile App
The statement comes on the backdrop of RBI's action against Bank Of Baroda regarding the onboarding of customers through BoB world mobile app.
Oct 11, 2023, 13:34 PM IST
RBI's BIG Action Against Bank Of Baroda, Bars It From Onboarding New Customers Using This App
Reserve Bank of India on Tuesday debarred public lender Bank of Baroda to onboard new customers via 'bob World' mobile application.
Oct 10, 2023, 17:08 PM IST
Still In Possession Of Rs 2,000 Notes? You Can Exchange Them In These 19 Places
RBI had said that the Rs 2,000 notes shall continue to be legal tender even after October 7, but can be exchanged only at RBI offices, the central bank said, adding that they cannot be deposited or exchanged at bank branches.
Oct 10, 2023, 09:10 AM IST
Rs 2,000 Note Exchange Deadline Ends Today; What Changes From October 8, Check Here
The central bank had said in a statement that "it has been decided to extend the current arrangement for deposit/exchange of Rs 2,000 banknotes until October 07, 2023."
Oct 07, 2023, 13:00 PM IST
Rs 2000 Currency Note Exchange Date Extended By RBI; Check New Deadline Here
"It has been decided to extend the current arrangement for deposit/exchange of Rs 2000 banknotes until October 07, 2023," the RBI stated in a press statement as the time frame for the withdrawal process had come to an end.
Sep 30, 2023, 17:00 PM IST
DNA: 'Online Sale' of fake notes on Facebook
Online sale of fake notes is going on on social media. And home delivery of fake notes is taking place. Today in DNA we will show you the Investigative Report of this online business of fake notes. The proof of which I have brought with me today. Today in DNA you will hear the truth about the black business of fake notes from the online dealers themselves who claim that even the ATM machine will not be able to detect the fake notes made by them. When we tell you how shops of fake currency dealers are running on Facebook and Telegram, you will be surprised.
Sep 29, 2023, 00:00 AM IST
Rs 2000 Notes Withdrawal Deadline: What Will Happen If You Miss Sep 30 Exchange Time Limit?
In May, RBI announced the withdrawal of Rs 2000 notes from circulation with immediate effect and allowed holders to exchange or deposit them until September 30. As of September 1, a total of 93% of Rs 2000 notes, valued at around Rs 3.32 lakh crore, had been returned from circulation.
Sep 25, 2023, 13:14 PM IST
Last Day To Buy Gold At Great Prices! Sovereign Gold Bond Scheme 2023-24 Tranche 2 Ends Today
Sovereign Gold Bond Schemes are a great opportunity window for investors to invest in gold. The SGBs are a safe and secure asset backed by the Central Government. RBI had announced that SGB has been fixed at Rs 5,923 per gram.
Sep 15, 2023, 11:35 AM IST
RBI Assistant Recruitment 2023 Notification: Apply For Over 400 Posts On opportunities.rbi.org.in- Check Eligibility, Salary, Steps To Register Here
Reserve Bank of India (RBI) has announced the 2023 Assistant recruitment drive with 450 vacancies. Eligible candidates can apply till October 4, 2023, scroll down for more details.
Sep 13, 2023, 13:05 PM IST
What Are Sovereign Gold Bonds? Are They Better Than FD, RD And Mutual Funds? EXPLAINED
Sovereign Gold Bond Scheme, FD and Mutual funds are all various types of savings instruments that investors can choose, depending on his/her investment objectives and risk tolerance.
Sep 11, 2023, 09:43 AM IST
Sovereign Gold Bond Scheme Opens Today: 5 Day Window To Buy Gold At Low Prices, Check Issue Price, Special Discounts
This is a great opportunity for investors to invest in gold, a safe and secure asset backed by the Central Government. Let’s see the important information regarding the upcoming SGB installment.
Sep 11, 2023, 09:19 AM IST
