Saturday, July 11, 2020

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RBI

Union government brings cooperative banks under RBI control through an ordinance

The cabinet on Wednesday passed an ordinance to extend the Reserve Bank of India's supervision over the cooperative banks

RBI spent more on the transportation of Raghuram Rajan’s belongings between Chicago to Mumbai than in his salary: Report

An additional ₹13,474 was spent on fitting an air conditioner in the bathroom of former RBI Governor Raghuram Rajan, the RTI has revealed.

RBI cuts interest rates, extends loan moratorium for three more months as it expects negative growth rate in FY21: Here are details

RBI Governor announced various measures, like extending loan moratorium to cutting down interest rates to boost the economy that has slowed down due to the ongoing coronavirus-induced lock

Patanjali paid the dues of Ruchi Soya after acquiring it, Congress party falsely accuses RBI of writing off the loan of ‘rich capitalist’

Ruchi Soya was listed as defaulter as on 20 September 30, Patanjali had acquired it in December and paid all the loans

Bollywood entertainer Richa Chadha wants RBI to ‘write off’ everyone’s EMI. Here is why it is not possible, ever

The Reserve Bank of India doesn't write off loans. It is the banks that write off the loans that are granted by them. And write off does not mean waive off.

Banks allowed to defer EMIs by 3 months, cut in repo rate, liquidity injection of Rs 3.74 lakh crores: Highlights of the RBI Governor’s...

The most important notification put out by the RBI on Friday was that a three-month moratorium has been announced on payment of instalments of loans outstanding on March 1, 2020.

Lutyens ‘journalists’ peddle half-truths about RBI’s new KYC norms which help persecuted minorities to open bank accounts in India

RBI has modified KYC norms to allow persecuted minorities given citizenship under CAA open bank accounts in India

Tech-giant Google recognises success of India’s UPI, recommends US Federal Reserve to implement similar model

Tech-giant Google has recommended that the US Federal Reserve implement a real-time payments platform similar to India's UPI.

Reserve Bank of India clarifies that it has not sold any gold or trading in it, refutes the ET report categorically

Tweaking its headline a bit, the ET had falsely reported that RBI has begun to sell some of its gold again despite their own reports suggested that RBI had bought more gold rather than selling from its reserves.

HDFC Bank issues clarification with regards to rumours about the ‘Deposit Insurance Cover’

Issuing a statement, HDFC bank clarified that the information about the 'deposit insurance cover' was not new and had been inserted as per a June 22, 2017 RBI circular

Latest News

Rajasthan Special Operations Group issues notices to CM Ashok Gehlot and DyCM Sachin Pilot over allegations of attempts to topple their govt

After Rajasthan CM Ashok Gehlot alleged attempts to topple his govt, SOG issues notices to him and DyCM Sachin Pilot to record statement

Andhra Pradesh: Locals write to NHRC after state authorities fail to act against illegal church construction in Kadapa

District authorities ignore illegal church construction evicting SC families from their homes, locals write to NHRC

Police encounters and ‘secular privilege’ in Indian politics

Between 2002 and 2007, the National Human Rights Commission (NHRC) found 440 cases of suspected “fake” encounters by the police across India.

‘Safeguarding cows is our priority’: Minister says Karnataka preparing to implement a ban on cow slaughter

Prabhu Chauhan, the Animal Husbandry Minister in Karnataka, informed that the BJP government is in the process of implementing cow slaughter ban in the state

1500-year-old Cathedral Hagia Sophia converted to a mosque, President Erdogan says it’s Turkey’s ‘sovereign right’

Turkey's President Recep Tayyip Erdogan announced that a 1500-year-old Orthodox Christian Cathedral in Istanbul named Hagia Sophia would be converted into a mosque

Recently Popular

The curious case of ‘Drone Boy’ who has made 600 drones using broken mixer grinders and televisions. A fact-check

While 'drone boy' Prathap NM has claimed to have made 600 drones using e-waste, not a single photo or video of them exist

Netizens ask Netflix to cancel comedian Kenny Sebastian’s special show after he hurls obscene abuses

Social media users are demanding that Netflix reconsiders special show of Indian comic Kenny Sebastian after he was allegedly found hurling obscene abuses to people on his Instagram page.

The Wire accused Yogi Adityanath of being ‘casteist’ for not killing Vikas Dubey hours before the encounter of the gangster

Notorious gangster, Vikas Dubey, who was arrested from Ujjain, Madhya Pradesh was killed in an encounter in the wee hours of the morning on Friday

After obscene comments, clip of comedian Kenneth Sebastian calling Sanskrit ‘most useless language ever’ goes viral. Watch video

In the video titled "Journey to the centre of my brain", Sebastian is seen thanking God because 'all the people who spoke Sanskrit are dead'.

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