Wednesday, April 8, 2020

TOPIC

RBI

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

PMC bank fraud: Mumbai police arrests suspended PMC Bank Managing director Joy Thomas, HDIL officials sent to police custody

The RBI has already dismissed the board of governors of PMC bank and has appointed an administrator

PMC Bank fraud: Mumbai police file FIR against HDIL and bank officials, SIT formed to probe the case

The Economic Offences Wing of the Mumbai Police has filed FIR in the PMC bank fraud case

As PMC bank depositors wait a long fight to get their money bank, the scam raises several questions on bank regulation

80% of deposits of PMC bank are in FDs, so relaxing withdrawal limit does not help much

PMC Bank gave 96.5 crores personal loan to builder after his company had defaulted on 2500 crores loan: Report

PMC Bank had total lendings at around 8300 crores and exposure to HDIL alone is reportedly at 31%.

RBI relaxes withdrawal limit for PMC Bank account holders from Rs 1,000 to Rs 10,000 per account

The Reserve Bank of India had earlier enforced regulatory restrictions on the PMC bank limiting its customers from withdrawing not more than Rs 1000.

Latest News

Jammu and Kashmir: Jaish-e-Mohammad commander killed in encounter with CRPF

Sajad Nawab Dar, a Commander of Jaish-e-Mohammad, killed in encounter with CRPF in Sopore in Baramulla district of Jammu and Kashmir

Radio Mirchi RJ Sayema defends malevolent Tablighi Jamaat members; claims all TV news about them fake

RJ Sayema brazenly defends the malafide actions of Tablighi Jamaat members claiming that incriminating news about them on TV is all fake

Watch: A heartbeaking video of a three-year-old daughter crying to be with her mother in quarantine, serving as a nurse in Belgavi

Nurse Sugandha had not gone home for 11 days as she is in quarantine for 14 days and her daughter went to bed crying almost every night.

Nizamuddin railway station employee tests positive of coronavirus, 15 health workers including doctors of Railway hospital got infected

15 people including doctors and nurses have been kept in isolation after they came in contact with a Coronavirus positive person

Islamists attack Delhi CM Arvind Kejriwal after he asks them to stay at home on Shab-e-Baraat

AAP Supremo took to social media to request Muslims to stay at home for Shab-e-Baraat, which is being celebrated on the intervening night of 8th and 9th April.

Recently Popular

After PM CARES collects Rs 6,500 crores in just a week, Sonia Gandhi wants it transferred to PMNRF: Here is the real reason

Sonia Gandhi, the current President of the Congress party has asked the Prime Minister to transfer all the funds received under PM CARES, that was set up to fight the Coronavirus pandemic, to the Prime Ministers National Relief Fund (PMNRF)

Indian Army to take over Narela quarantine facility after Tablighi Jamaat attendees defecate in the corridor

Earlier today, two Tablighi Jamaat returnees created a ruckus and defecated in the corridor of the Narela quarantine facility

Did you know that the Prime Minister’s National Relief Fund had the President of Congress party in its managing committee

After PM Modi launched PM CARES Fund, a lot has been discussed about similarities and differences between PM CARES Fund and PMNRF

Tablighi Jamaatis’ piece of sh*t: Attendees defecate in corridor at quarantine centre, FIR registered

After reports of molesting nurses and spitting on hospital staff, two Tablighi Jamaat attendees were reportedly found defecating in the hospital corridor.

Bihar: Elderly woman killed by neighbours after fight over switching off lights on 5 April, Sulaiman, Khalil and others absconding

The families had fought when Surendra Mandal, the deceased woman's son had asked his neighbours to switch off the lights for PM Modi's 9baje9minutes call.

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