RBI must have greater grip on PSU banks: IMF-World Bank
The Reserve Bank of India (RBI) should have greater authority on Public Sector Banks (PSBs), suggested IMF-World Bank. While the…
22 DEC 2017
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RBI places United Bank of India under corrective action plan
In a bid to ensure corrective measures, the Reserve Bank of India (RBI) has directed United Bank of India (UBI)…
21 DEC 2017
RBI penalises Syndicate Bank for breaching KYC norms
The Reserve Bank of India (RBI) has penalised public lender Syndicate Bank for breaching the Know Your Customer (KYC) norms.…
16 DEC 2017
Centre soon to discuss MDR rate issue with RBI: Finance Ministry official
The Central Government will soon hold consultations with the Reserve Bank of India (RBI) to chalk out a mechanism for…
15 DEC 2017
RBI restricts Corporation Bank from certain banking activities as its NPAs crosses 10%
The Reserve Bank of India (RBI) has restricted Corporation Bank from carrying out certain banking activities due to a sharp…
14 DEC 2017
Centre soon to set up panel to decide on bitcoin policy: Report
The Central Government is planning to set up a panel to decide the fate of bitcoin in India. The reports…
11 DEC 2017
RBI unveils helpline to handle account hacking queries
To curb the menace of bank accounts hacking the Reserve Bank of India (RBI) has launched a helpline where callers…
11 DEC 2017
Beware of Bitcoins, warns RBI
Notifying the holders and traders of virtual currency against the potential threat of Bitcoins, the Reserve Bank of India (RBI)…
06 DEC 2017
SBI to replace dispatch envelopes of tax cheques to safeguard PAN
Public sector lender State Bank of India is planning to redesign its envelopes meant for dispatching tax refund cheques to…
03 DEC 2017
RBI directs cooperative societies not to use ‘Bank’ word in names
The Reserve Bank of India (RBI) has directed cooperative societies not to use the word ‘Bank’ in their names as…
30 NOV 2017
