Tag results for: bimal jalan
After SBI, the RBI took big action & fined 5 more banks, customers are unhappy after hearing this
The Reserve Bank of India (RBI) recently fined SBI, and now it has fined five cooperative banks once more. The RBI has assessed this fine for failure to comply...
UDGAM Portal: Customers can get back the unclaimed deposits in 30 banks, avail the facility of RBI
30 banks have joined the Udgam Portal, which gives information regarding unclaimed deposits, according to the Reserve Bank of India (RBI). This will make it easier for people to...
RBI will announce a review of its monetary policy, it is anticipated to get relief on interest rates
The RBI Monetary Policy Committee (MPC) has its final meeting today. In the three-day bi-monthly monetary review meeting, experts voiced optimism that the RBI could keep the policy rate...
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Big decision by RBI, only Rs 5000 can be withdrawn from an account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...