Tag: RBI

RBI Imposes Restriction on Paytm Payments Bank After Audit Uncovering Persistent...

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New Delhi - In a decisive move, the Reserve Bank of India (RBI) has imposed stringent restrictions on Paytm Payments Bank Ltd (PPBL) after...

RBI Extends Deadline for Rs 2,000 Note Exchange to October 7

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Mumbai - In a recent announcement, the Reserve Bank of India (RBI) has granted a much-needed extension for the exchange and deposit of Rs...

Financial Support for Borrowers in Crisis: RBI and State Government Join...

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In a collaborative effort aimed at mitigating the financial distress faced by borrowers affected by natural calamities, the Reserve Bank of India (RBI) and...

Cooperative Bank Falls Victim to Cyber Security Breach, Duped for Rs...

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In a shocking incident, cyber-criminals have allegedly siphoned off Rs 7.79 crore from the current account of Kangra Co-operative Bank, which is maintained by...

RBI Announces Withdrawal of Rs 2,000 Notes from Circulation; Exchange Facility...

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In a significant development, the Reserve Bank of India (RBI) has declared the withdrawal of Rs 2,000 currency notes from circulation. However, the existing...

22 Complaints of fictitious financial offers from Himachal

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RBI and SEBI to coordinate financial literacy camps in Himachal Shimla: Many gullible people are falling to the trap over fictitious calls offering cheap loan...

Black Money: SIT asks RBI to develop institutional mechanism to track...

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The special investigation team (SIT) on black money has asked the Reserve Bank of India (RBI) to develop an institutional mechanism, in consultation with...

Proliferation of Illegal Collective Investment Schemes

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New Delhi: Ministry of Corporate Affairs, Government of India, sent a list of 34,754 companies having enabling clauses in their Memorandum of Association for...

State Govt takes Rs. 400-cr loan from RBI

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A spokesman of the State Government announced that State Government had taken a loan of Rs. 400 crore from Reserve Bank of India (RBI)...

RBI plans plastic currency notes, Shimla chooses for pilot project

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To curve the spreading menace of counterfeit currency notes, the Reserve Bank of India is planning to introduce plastic currency with the paper notes...

RBI: Set up special cell to tackle cyber crimes

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Concerned over the increasing cases of fraudsters duping the gullible by sending e-mails, SMSes and other communications on fake letterheads, the Reserve Bank of...