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Photo:FILE The Reserve Bank of India (RBI) has imposed this monetary penalty on banks under an order dated March 04, 2024. The Reserve Bank of India (RBI) said on Wednesday that it has imposed...
Photo:FILE A fine of Rs 32.30 lakh has also been imposed on Canara Bank. India’s central bank i.e. Reserve Bank of India has imposed a hefty fine of Rs 3 crore on two public...
Photo:FILE In case of existing loans also, these instructions will be applicable from April 1, 2024. The new rules related to penalty on default of loan taken from bank or NBFC will come into...
New Delhi: Tax on spending abroad through credit cards has been postponed for the time being, but if you spend more than seven lakh rupees in a year on foreign websites while sitting in...
New Delhi: The Reserve Bank said on Wednesday that the non-performing assets (NPA) of the country’s banks ie stranded loans came down to a 10-year low of 3.9 per cent in March. The gross...
Mumbai: On May 19, the RBI suddenly decided to withdraw the Rs 2,000 note. People have been asked to deposit Rs 2,000 notes in their bank accounts or exchange them for other denomination notes...