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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 Reserve Bank of India Governor Shaktikanta Das. Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that the work of bringing inflation under control is not over yet. Any hasty action...
Photo: FREEPIK debt burden increased Indians The best habit is saving. he/she has been saving for future needs. This good habit had brought India out of the economic recession of 2008 without much trouble,...
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...
Mumbai Encouraged by the country’s economic growth surpassing all estimates by 7.6 percent in the second quarter of the current financial year, the Reserve Bank of India (RBI) today increased the growth estimate for...
Photo:REUTERS Banks have collected Rs 5,309.80 crore as penal charges during the financial year 2022-23. A common man has to go through various rules, criteria and conditions to take a loan from the bank....