Tag: RBI
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RBI says 93 pc of Rs 2000 notes returned to banks
MUMBAI:
The Reserve Bank on Friday said that as much as 93 per cent of Rs 2000 currency notes that were in circulation on May...
Home loan, other borrowers can switch to fixed-rate regime: RBI
MUMBAI:
The Reserve Bank on Thursday said it will come out with a framework allowing borrowers to switch to fixed interest rate from floating interest...
Banks write off Rs 14.56 lakh crore NPAs in last nine financial years
NEW DELHI:
Banks have written off bad loans worth Rs 14.56 lakh crore in the last nine financial years starting 2014-15, Parliament was informed on...
RBI cancels licenses of Bengaluru’s Shushruti Souharda Sahakara Bank Niyamita
MUMBAI:
The Reserve Bank of India (RBI) on Wednesday said it has cancelled the banking licenses of two co-operative banks in Maharashtra and Karnataka.
The licenses...
RBI says 76 pc of Rs 2,000 notes valued at Rs 2.72 lakh crore returned to banks
BENGALURU:
As much as 76 per cent of the Rs 2,000 currency notes in circulation have either been deposited or exchanged at banks, the Reserve...
