Cautioning the public against multi-level marketing (MLM) activities, the Reserve Bank of India (RBI) on Thursday said income under such schemes mainly comes from enrolling new members at high subscription
Jun 21, 2021
New Delhi: As per the government’s monetary policy framework agreement with the Reserve Bank of India published on Monday, the RBI will aim to bring retail inflation below 6 percent by January 2016, and to around four percent by fiscal 2016-17. “The Reserve Bank will aim to bring inflation below 6 percent by January 2016. […]
Jun 21, 2021
The Centre has told the Supreme Court that all deaths with a diagnosis of COVID-19, irrespective of co-morbidities, are to be classified as deaths due to COVID-19.
Jun 20, 2021
Paving the way for takeover of crisis-ridden Punjab and Maharashtra Cooperative Bank (PMC), the Reserve Bank of India on Friday granted in-principle approval to the Centrum Financial Services to set up a small finance bank.
Jun 18, 2021
A committee constituted by the Reserve Bank of India (RBI) for reviewing ATM fees gamut, has recommended increasing certain charges related to cash withdrawal from ATM machines.
Jun 13, 2021
The Supreme Court Friday termed as "arbitrary" the fixing of June 16 for conducting INI CET 2021 and directed All India Institute of Medical Sciences (AIIMS) to hold the postgraduate medical entrance test after one month.
Jun 11, 2021
The RBI said the charges have been allowed to be increased given the increasing cost of ATM deployment and expenses towards ATM maintenance incurred by banks/white label ATM operators
Jun 10, 2021
By Sandeep Sahu Things are assuming ridiculous proportions now. As if the average of three modifications a day to the rules for the exchange of demonetized Rs 500 and 1000 currency notes since the announcement of what was sold to the nation as a ‘surgical strike’ on black money was not enough, the Reserve Bank […]
Jun 10, 2021
By Sandeep Sahu Marriages, they say, are made in heaven. But if you are unfortunate enough to be getting married between now and December 30, 2016, your marriage will be made in the Reserve Bank of India (RBI) boardroom! That, in short, is the key takeaway from the elaborate set of guidelines issued by the […]
Jun 10, 2021
In a bid to support the revival of sectors hit most by the COVID-19 pandemic, the Reserve Bank of India (RBI) on Friday decided to open a separate liquidity window of Rs 15,000 crore for certain contact-intensive sectors like hotels and restaurants, tourism and aviation ancillary services.
Jun 04, 2021
The Reserve Bank of India (RBI) vide its guidelines issued on April 6, 2018 on ‘Cash Management activities of the banks – Standards for engaging the Service Provider and its sub-contractor’, advised banks to put in place certain minimum standards in their arrangements with the service providers for cash management related activities. The guidelines, inter […]
Jun 04, 2021
The Reserve Bank of India (RBI) has lowered its growth projection for the current financial year to 9.5 per cent from the previous estimate of 10.5 per cent.
Jun 04, 2021
The Reserve Bank of India (RBI) has retained its key short-term lending rates along with the growth-oriented accommodative stance during the second monetary policy review of FY22 on Friday.
Jun 04, 2021
Moscow: Brazil eliminated Serbia with a 2-0 victory as the five-time world champions entered the FIFA World Cup pre-quarterfinals by topping the Group E here on Wednesday. Paulinho (36th minute), Thiago Silva (68th minute) gave the South American powerhouse an easy victory which took their points tally to seven after all the three of their […]
Jun 03, 2021
In the first wave in Odisha, deaths with no co-morbidities had been 30% of the total in the peak month. 'Happy Hypoxia' has been the prime reason behind such a higher order of mortalities this time around
Jun 02, 2021
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