Saturday, April 27, 2024

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RBI

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.

After RBI’s restrictions on PMC bank, customers file police complaint against bank officials

The Reserve Bank of India on Tuesday imposed restrictions on PMC Bank (Punjab and Maharashtra Cooperative Bank), a Mumbai based urban cooperative bank

No, Rahul Gandhi, the govt is not ‘stealing RBI money’: Here are the facts

The RBI act, 1934, mandates the central bank to transfer surplus amount it profited to the centre

RBI to transfer surplus of Rs 1.76 lakh crore to the government as per Bimal Jalan Committee recommendation

RBI found that it has more capital than required, and decided to transfer the excess amount to the government

The skewed analysis must stop: We need to stop looking at just the repo rates and talk about real rates instead

A recent article by a commentator in Hindustan Times mentions that the MPC had little ability to stimulate growth

RBI to launch mobile app for currency note identification to help visually impaired people

If successful, the RBI would help about 80 lakh blind or visually impaired people in the country

Former RBI governor Urjit Patel says before 2014, RBI and government was slow in tackling bank crisis

Urjit Patel held dilatory tactics adopted by the regulator, government and the banks till 2014 responsible for the looming NPA crisis

RBI Deputy Governor Viral Acharya resigns, six months prior to scheduled end of term

Acharya reportedly had a difference of opinion with Reserve Bank Governor Shaktikanta Das over easing of interest rates to boost economic growth.

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