Friday, March 29th, 2024

Tag: reserve Bank

RBI imposed heavy fine on this private bank along with two big government banks – News

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...

The work of bringing inflation under control is not over yet, haste can cause losses: RBI – News

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...

Debt burden on Indians increased and savings decreased, this big alarm bell is ringing – Presswire18 English

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,...

These new rules related to penalty on bank loan default will be applicable from April 1, customers will get relief

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...

Monetary Policy Meeting: Reserve Bank increased growth estimate by half percent, rates remain unchanged

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...

Think! 2623 willful defaulters have buried ₹1.96 lakh crore of banks, government informed in Parliament

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....