Tag results for: reserve bank
RBI issued a further warning over the Old Pension Scheme! advice against it
The new report by the RBI may come as a shock to central and state employees who are requesting old pensions. Indeed, the Reserve Bank of India (RBI) has...
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...
December 2023 bank holidays: 18 days of bank closures, see list here
In December 2023, banks will be closed for eighteen days in accordance with the Reserve Bank of India's bank holidays schedule. It's crucial to remember that national and municipal...
IMPS will be easier now, allowing transfers of up to Rs 5 lakh without adding accounts
You can benefit from this news if you use net banking as well. Soon, users will be able to send money using IMPS without having to attach the account...
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...