Thursday, April 9, 2020

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Reserve Bank of India

Coronavirus Outbreak: Banks start rolling out EMI moratorium scheme, know the details and impacts

If EMI moratorium is availed, total interest payable on the loan will go up, resulting in an increase in the number of EMIs to be paid

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.

Enforcement Directorate arrests Yes Bank founder Rana Kapoor over money laundering charges

The founder of the crisis-hit YES Bank, Rana Kapoor, was arrested by the Enforcement Directorate (ED) on Sunday around 3 am in Mumbai.

Phone Pe and Paytm engage in Twitter banter after YES Bank moratorium affects the former

The Twitter confrontation with PayTM happened after PhonePe was forced to temporarily suspended its services

RBI publishes scheme of reconstruction draft for Yes Bank, State Bank of India to pick up 49% stack at ₹10 per share

After placing Yes Bank under moratorium, RBI has published the draft for scheme of reconstruction for the bank

RBI takes over management of Yes Bank and imposes restrictions on withdrawals: All you need to know about the latest crisis in banking sector

RBI imposes moratorium on Yes Bank for a month, caps withdrawals at ₹50,000 and suspends board

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.

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

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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