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The RBI has taken more than 100 measures during Covid, Shaktikanta Das said. New Delhi: India’s growth has been “exemplary” despite the challenges of the last few years, including the Covid pandemic, the war in Ukraine and other global tensions, Reserve Bank Governor Shaktikanta Das has said. In an exclusive interview with NDTV Editor-in-Chief Sanjay…
New Delhi: The shares of IndusInd bank surged more than 2.67 per cent after the bank received approval from the Reserve Bank of India (RBI) to establish a wholly-owned subsidiary for undertaking the asset management business of Mutual Funds, the bank informed the exchange in a filing. The approval was communicated to the bank via…
The Union Finance Minister further advised the banks to ensure compliance with the Reserve Bank of India’s guidelines on the handover of security documents after closure of the loans and directed that there should not be any delay in handing over the documents to the customer. Source link [ad_3]
Hindi News Business Shark Tank India Judge Anupam Mittal Makes An SBI Complaint To RBI On UPI Mumbai39 minutes ago copy link Reality show ‘Shark Tank India’ judge and Shaadi.com founder Anupam Mittal has complained to RBI against SBI regarding the issue of UPI payment. Anupam Mittal shared a post on social media platform X…
New Delhi: The State Bank of India (SBI) plans to finalize a deal by the end of March to sell its 24% stake in Yes Bank, valued at 184.2 billion rupees ($2.2 billion), according to four sources with direct knowledge. Furthermore, sources reveal that Sumitomo Mitsui Banking Corp, a Japanese lender, and Dubai-based Emirates NBD…
Union Finance Minister Nirmala Sitharaman addressed the RBI’s Central Board of Directors with Union Minister of State for Finance Pankaj Chaudhary along with RBI Governor Shaktikanta Das at its customary post-Budget meeting in New Delhi, on Saturday. RBI and the government are asking banks to focus on core banking activity of deposits and lending, says…
Bank Holidays In August 2024: In the busy corporate life, many individuals reserve their bank-related work for Saturdays. However, all super-busy individuals should note that banks are open only on the first, third, and fifth Saturdays of the month (if applicable). Banks are closed on the second and fourth Saturdays. Hence, today all banks are…
New Delhi: The Reserve Bank Of India on 8 August 2024, the UPI limit for tax payment matters has been increased from Rs 1 lakh to Rs 5 lakh per transaction. However, the normal UPI transaction limit remains the same. Since the National Payments Corporation of India (NPCI) introduced the Unified Payments Interface (UPI) in…
New Delhi: India’s foreign exchange reserves reached a historical high of $ 675 billion, as of August 2, as overall, India’s external sector remains resilient with key indicators continuing to improve, RBI Governor Shaktikanta Das said on Thursday. “We remain confident of meeting our external financing requirements comfortably,” he said. Das also said that India’s…
New Delhi: The Reserve Bank of India (RBI) on Thursday announced two major rules regarding UPI transactions. The RBI introduced a Delegated Payments facility for UPI allowing two users sharing the same bank account make UPI payments. RBI has also said that the UPI limit for tax payment matters has been increased from Rs 1…