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About 119 results for "rbi rsquo"

Defaulting large borrowers are like freeloaders: Raghuram Rajan

Defaulting large borrowers are like freeloaders: Raghuram Rajan

Accusing some large borrowers of enjoying ‘riskless capitalism’, RBI Governor Raghuram Rajan said such entities were responsible for making banks' credit profile unhealthy and these big clients were in effect becoming 'freeloaders' in the banking system. Rajan also said it is the taxpayers and honest borrowers who end up paying the price for losses suffered by state-run banks due to bad loans given to a few big borrowers. A large borrower, whose loan has turned bad, should not be ..., 3 days ago

2 images for "rbi rsquo", 3 weeks ago
Times of India, 1 month ago

RBI not keen on raising inter-bank ATM usage fee

The Reserve Bank of India is reportedly not keen on accepting banks’ demand to increase the interchange fee, the amount one bank charges another if its consumer uses the automated teller machine of the non-home bank. “There is already  a cap on ATM transactions. "If we increase the fee further and based on it the banks also make changes on the amount they want to be passed on to the customer, it can hurt the customer further. As a result, the regulator is not very comfortable ...
 Rediff.com2 months ago New ATM charges come into force in six metros  IndiaTV News3 weeks ago ATM use over 5 times per month to attract fee from tomorrow  Jagran Post4 weeks ago Banks limit ATM usage; to charge for more than 5 transactions  Rediff.com4 weeks ago

RBI begins review of Jan Dhan rollout

A week after the official launch of the Prime Minister’s Jan Dhan Yojana, the Reserve Bank of India has begun a review of the financial inclusion mission.A senior RBI official said the regulator was focusing on performance of banks' statewise and in each district. The ambit will also cover the system’s readiness to track the work of business correspondents, a key link between bank and those being covered by the programme.“Besides doing checks, the effort is to find out ...
 Rediff.com2 months ago Centre cancels selection of 6 govt bank chiefs by UPA  Rediff.com1 month ago Rajan softens stance on Jan Dhan, says it's a welcome scheme  Rediff.com1 month ago Robust review before PSU bank chiefs are selected  Rediff.com2 months ago

RBI warns public against financial frauds in its name

"The RBI has once again cautioned members of public that falling prey to such offers can result in compromising one’s own crucial personal information that may be misused to cause direct financial and other loss to them," RBI said in a notification. RBI ...
 Jagran Post6 days ago
Jagran Post

RBI seeks comment on draft criteria to use Depositor Education Fund

The draft proposes that agencies already engaged in bank depositors’ education and awareness or proposing to take up depositors’ education programmes, organising seminars, symposia, and research can be considered for assistance from the Depositor ...
 Jagran Post1 month ago

Buildings along Nrupathunga Road have no original records

The buildings around Cubbon Park, including the government-owned, all along Nrupathunga Road, don’t have original records.A survey report submitted by the Department of Survey Settlement and Land Records (SSLR) has stated that except for survey ...
 Deccan Herald1 day ago

Jaitley explains why RBI rate cut will benefit the economy

Image: Arun Jaitley. Photograph: Kind Courtesy, World Economic Forum/Wikimedia Commons    Pitching for a rate cut by RBI, Finance Minister Arun Jaitley today said lower cost of capital will give a ‘good fillip’ to the economy. "I am quite clear in my mind that the cost of capital has to come down. Inflation has moderated, global fuel price has eased. “Therefore, if RBI, which is a highly professional organisation, in its wisdom decides to bring down the ...
 Rediff.com1 week ago

Gold import might fall in coming months

Marriage season will end in the next two months and import growth is likely to taper off The country’s gold import bill has seen a surge in the past two months. In September, it was $3.75 billion. October’s official data, that may be released on Monday, is expected to show around $4 billion. In quantity, the import is estimated at 120 tonnes in October. Sector officials and analysts believe the rise was due to festivals and imports could fall in the coming months. “Imports ...
 Rediff.com1 week ago

India Inc bats for a rate cut in RBI's next policy

Image: India Inc hopes for a rate cut in RBI's next monetary policy. Photograph: Adnan Abidi/Reuters India Inc on Wednesday pitched for a rate cut by the Reserve Bank of India (RBI), saying the central bank should be “more courageous”, since inflation had come down drastically and growth is not picking up. RBI is slated to come out with its policy review on December 2. “RBI has to be more courageous,” said Anand Mahindra, chairman and managing director of Mahindra ...
 Rediff.com3 weeks ago Key numbers that RBI will consider for its policy stance  Rediff.com2 months ago The common man needs Modi more than India Inc does  Rediff.com2 weeks ago

RBI could have acted against ponzi firms: ED

The Enforcement Directorate, probing several scams in which deposit collecting companies (ponzi) like Saradha and Rose Valley were involved, on Tuesday said that the Reserve Bank of India could have acted against these entities as it had the power. "RBI has the power to inspect and prosecute against these deposit collecting companies as it fell within its ambit given under Section 58(b) of the RBI Act. But it did not act", a source in the ED told PTI. He said that ED had questioned both Reserve ...
 Rediff.com2 weeks ago
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