Saturday, April 17, 2021

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Reserve Bank of India

Media houses spread fake news saying RBI is discontinuing old series of Rs.100, Rs.10 and Rs.5 notes from circulation

PIB said that RBI did not issue any order that says Rs.100, Rs.10 and Rs.5 notes will go out of circulation in March-April

Finance ministry issues guidelines for interest waiver scheme during the lockdown period- Read details

The govt will pay the difference between simple and compound interest from March to August under compound interest waiver scheme

BSP MLA Vinay Shankar Tiwari and wife booked by CBI in Rs 750 crore bank fraud case

Vinay Shankar Tiwari from BSP is the sitting MLA from Chillupar, Gorakhpur.

Big relief by Modi govt for those who stopped paying EMIs during lockdown, no need to pay extra interest accumulated during this period

MSME, education, housing, vehicle, personal loans etc upto Rs 2 crore will attract only simple interest during the moratorium period

Former RBI governor Urjit Patel blames UPA govt for banking mess, says RBI too fell short on several counts

The former RBI governor Urjit Patel in his yet-to-be-released book writes that several government banks did not have senior management in place, and governance suffered.

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

India’s foreign exchange reserves see a significant surge, cross half-a-trillion USD mark for the first time

This is for the first time that India’s foreign exchange reserves have crossed the half-a-trillion US Dollar mark

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

Shekhar Gupta slams Shekhar Gupta for sneering at former IAS officer Shaktikanta Das after he was appointed as RBI Governor

Shekhar Gupta was at the forefront in attacking the decision to appoint Shaktikanta Das as RBI governor, now he says Das was a good choice

RBI Governor announces new measures to ease financial distress amidst coronavirus lockdown

Quoting the IMF projection of 1.9% (GDP) growth, the RBI Governor said that India's growth would be the highest among the G20 countries

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