RBI Says Banks to Not Give Dividends
On Friday, the Reserve Bank of India (RBI) has asked scheduled commercial banks and co-operative banks not to make any dividends for the financial...
Tag : Central Bank
Bank ATMs Starts Dispensing of Rs 500 Instead of Rs 2,000
Dispensing of Rs 500 notes more than Rs 2,000 have started by the bank, a gradual move seen phasing out of high denomination currency note....
PSU Banks Shares All on Asset Quality Concerns
The shares of the state-owned bank were trading in Reserve bank of India (RBI) has cautioned that assets quality of scheduled commercial banks may worsen...
Home Loan EMIs Falls, as RBI Cuts Repo Rate
Today, the Reserve Bank of India cuts its benchmark lending rates by 25 basis points, taking its cumulative repo rate cuts to 135 basis points...
Gold Prices Fall Today, Down Rs 2,100 From Highs
Gold and silver prices struggled in Indian markets today amid choppy global trends. On MCX, gold futures prices were today down 0.14 per cent to...
PMC Bank Customer Cannot Withdraw More than Rs 1K: RBI
Punjab and Maharashtra Cooperative Bank (PMC Bank) customers cannot withdraw Rs 1000 from their account with urban cooperative, Reserve Bank of India (RBI) has put...
RBI Panel Recommendations to Be Credit Positive for RMBS
On Monday, Moody’s Investors Service said the 9 September recommendations of the Reserve Bank of India’s (RBI) Housing Finance Committee, if implemented, will be credit positive...
RBI Sets Timelines for Reversal of Failed Transactions
The Reserve Bank of India (RBI) has released a framework for turnaround time (TAT) for failed transactions and compensation for customers, saying this will bring...
Banks to Extend Limit of Debit Card Cash Withdrawal Via PoS
The Reserve Bank of India (RBI) asked to extend the bank facility of cash withdrawal through debit cards at more merchant establishments. It has been...
Varnished 100 Rupee Currency Notes to be Introduced Soon
The Reserve Bank of India (RBI) is soon going to introduce, varnished currency notes of Rs 100 for denomination on field trial basis. The statement was made...