Reserve Bank of India
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.
The founder of the crisis-hit YES Bank, Rana Kapoor, was arrested by the Enforcement Directorate (ED) on Sunday around 3 am in Mumbai.
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.
The Reserve Bank of India had earlier enforced regulatory restrictions on the PMC bank limiting its customers from withdrawing not more than Rs 1000.
The Reserve Bank of India on Tuesday imposed restrictions on PMC Bank (Punjab and Maharashtra Cooperative Bank), a Mumbai based urban cooperative bank