Tag results for: reserve bank of india website
The RBI revoked the licences of 5 banks, which is bad news for bank consumers
Once the Reserve Bank of India (RBI) has revoked the licence of another bank for failing to follow the guidelines. This time, the RBI has revoked the cooperative bank...
A person can now only have this number of accounts RBI issued new rule!
All people have bank accounts in the modern era. People are frequently observed to have multiple bank accounts. If you have many bank accounts, this is significant information for...
RTGS & NEFT are no longer in use! RBI introduced t new payment system
The Reserve Bank of India (RBI) is working to create a lightweight, portable payment system. During natural disasters and situations resembling war, this payment mechanism might be used for...
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Big decision by RBI, only Rs 5000 can be withdrawn from an account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...