Tag: Reserve Bank of India
Govt likely to introduce tax on Rs 10 lakh cash withdrawal...
To discourage use of paper currency and promote digital payments, the government may introduce a tax on cash withdrawals of Rs 10 lakh in...
Nirmala Sitharaman hails suggestions ahead of Union Budget
The Finance Minister Nirmala Sitharaman has said that she is grateful for every suggestion that her office has been receiving in heaps in the...
RBI cut repo rate for the third time by 25 basis...
The Reserve Bank of India (RBI), Monetary Policy Committee (MPC), in its second bi-monthly policy review for this financial year has cut the repo...
Over 6,800 cases of bank fraud reported in 2018-19: RBI
The Reserve Bank of India has said that over 6,800 cases of bank fraud involving an unprecedented Rs 71,500 crore have been reported in...
Axis Bank appoints two Executive Directors
Private sector lender Axis Bank has reappointed Rajiv Anand as Executive Director (wholesale banking) and named Rajesh Dahiya as Executive Director (corporate centre).
The lender...
NBFC, the Ironman of India’s Financial sector: Raman Aggarwal
While a lot of speculations about Non-Banking Financial company (NBFC) is making rounds in media, Raman Aggarwal, Chairman, Finance Industry Development Council said that...
RBI releases vision document for digital payment systems
The Reserve Bank of India (RBI) has released a vision document titled ‘Payment and Settlement Systems in India: Vision 2019 – 2021’, with an...
Bahwan CyberTek-Empowering Banks with Predictive Analytics Solutions
Bahwan CyberTek has an array of solutions for digital transformation across the Banking, Financial Services and Insurance (BFSI) segment. Being a specialist in governance,...
RBI must opt for large rate cut in June: SBI report
The Reserve Bank of India (RBI) should go for a rate cut above 25 basis points in its next monetary policy review in June...
Former RBI Deputy Governor R Gandhi named additional director of Yes...
The Reserve Bank of India’s former Deputy Governor R Gandhi has been named as additional director on Yes Bank board, informed the private lender.
Making...
