Tag results for: rbi account opening
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Big decision by RBI, only Rs 5000 can be withdrawn from an account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...
RBI made a significant change, Updates to RTGS and NEFT!
The Reserve Bank of India (RBI) has introduced changes to NEFT as well as RTGS for transactions relating to Foreign Contribution Act. The RBI is taking this step in response...
RBI caution to millions of users to be aware of this important thing
If you also are planning to visit the bank within the next few days, then a major announcement is available from the Reserve Bank of India. RBI has informed customers...
RBI raised the repo rate for the sixth time in a row, EMI to increase
In the year following it is apparent that the EMI of your mortgage has become costly. In announcing its first monetarist policy in 2023 . The RBI has raised the...