Tag results for: bimal jalan rbi governor
RBI may make important decisions regarding loans & interest rates in MPC meet
The RBI convened a three-day monetary policy review (RBI MPC Meeting) on December 6. On the morning of December 8, the RBI Governor will provide details of the choices...
No more deposits or withdrawals from the account! RBI has revoked this bank’s licence
After fining a few banks in the last few days, the Reserve Bank of India (RBI) has now revoked the licence of a cooperative bank. The RBI has revoked...
This large bank fined by RBI for failing to keep client records
The Reserve Bank of India (RBI) has severely penalized Axis Bank, a private sector bank. Axis Bank has been fined Rs 90.92 lakh by the RBI. Axis Bank has...
RBI canceled this bank’s license customers were unable to withdraw money
The RBI provides several directives to the involved banks. Banks are subject to penalties if they fail to follow these rules. The Central Bank recently revoked a bank's licence....
RBI took a major action against this financial company
Several times when the banks were alleged to have committed irregularities, the Reserve Bank of India took action. After taking stern action, the RBI has suspended Rhino Finance Pvt....
Big decision by RBI, only Rs 5000 can be withdrawn from an account
A significant decision involving banks has been made by the Reserve Bank of India (RBI Update on Banks). You will no longer be able to withdraw more than Rs...