RBI raises ATMs cash withdrawal limit to Rs 10,000 per day per card
Bringing some relief to the cash starved populace,the Reserve Bank of India (RBI) recently decided to raise the cash withdrawal…
17 JAN 2017
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RBI releases its Monthly Bulletin for January 2017
The Reserve Bank of India released the January 2017 issue of its monthly RBI Bulletin which includes the article on…
11 JAN 2017
Government to banks: Seek PAN or Form 60 from account holders
Going strict over the tax evaders, the central government has asked banks to seek permanent account number (PAN) or Form-60…
10 JAN 2017
Paytm Payments Banks get RBI’s final nod
Digital Payment giant Paytm, which is planning to launch its Payments Banks in parts of Uttar Pradesh, has recently received…
05 JAN 2017
Viral V Acharya named as the new RBI Deputy Governor
In a recent move, the central Government today appointed Viral V Acharya as the new Deputy Governor of Reserve Bank…
28 DEC 2016
RBI takes U-turn, revokes Rs 5000 deposit limit for all KYC accounts
After facing severe flak for its controversial rule on cash deposit restrictions, Reserve Bank of India (RBI) reverses the limit…
21 DEC 2016
300 District co-op banks come under ED’s scanner for deposit discrepancies
Acting against Reserve Bank of India’s (RBI) alert on sudden surge in deposits in co-operative banks, the Enforcement Directorate (ED)…
21 DEC 2016
‘Over Rs.5000 in old notes to be deposited only once before Dec 30’
Finance Ministry and the Reserve Bank of India (RBI) have directed cash deposits exceeding Rs 5,000 in old notes can…
20 DEC 2016
Mobile banking usage visibly higher than last FY: RBI
Mobile banking transactions have reported a phenomenal rise in the first eight months of the current financial year. Mobile banking…
13 DEC 2016
RBI’s order on 100% incremental CRR may spell trouble for banks
The Reserve Bank of India has recently ordered the banks to deposit Rs 3,24,000 crore as CRR that was mobilised…
01 DEC 2016
