Tag results for: rbi classification of frauds
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...
People are withdrawing money from their savings accounts, the effect of RBI decision is clearly visible
Since the last four MPCs, the RBI has not altered the repo rate. But loan interest rates continue to be the highest they have ever been. People are paying...