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Deadline for Paytm Payments Bank to Stop Transactions is Extended

The Reserve Bank of India (RBI) on Friday gave 15 days more till March 15, 2024, to Paytm Payments Bank Ltd (PPBL) to stop deposits, credit transactions, or top-ups in…

2,000 Notes Exchange Facility Will Be Unavailble On Jan. 12 At Mumbai: RBI

The Reserve Bank of India (RBI) on January 11 said the exchange of Rs 2,000 notes will not be available on January 12 at RBI’s Mumbai Regional Office due to…

2,000 Notes Can Be Through Post Offices As Well: RBI 

Mumbai/Hyderabad, Jan 6 (Hydnow): The Reserve Bank of India (RBI) has said that Rs. 2,000 notes can be exchanged through post offices as well.  There are reports of people queuing…

RBI Has Imposed Penalty Of Rs 12 Crore on ICICI Bank And Rs 3.85 Crore on Kotak Mahindra Bank

The RBI on Tuesday imposed a penalty of Rs 12.19 crore on ICICI Bank Ltd and slapped a fine of Rs 3.95 crore on Kotak Mahindra Bank Ltd for the…

Deadline For Depositing Rs. 2000 Note Is Extended Till October 7

The Reserve Bank of India, in a press release on Saturday announced that the deadline for the exchange of Rs. 2000 notes will be extended till October 7.

Revised Norms for Classification And Valuation of Investment By Banks Issued

The RBI on Tuesday issued revised norms for classification, valuation, and operation of investment portfolios of commercial banks, aligning them with global standards and best practices.

88 Percent Of Rs. 2,000 Notes Are Being Returned to Banks: RBI

The Reserve Bank of India (RBI) on Tuesday said 88 percent of the Rs 2,000 banknotes valued at Rs 3.14 lakh crore have returned to the banking system after it…

Cryptocurrency Future: RBI Digital Currency to Come Soon

The government of India announced a day back that it has planned to move a Bill regulating private cryptocurrency in India during the upcoming winter session of the Parliament. The decision, which was announced…

Fine on Banks for Non-Availability of Cash in ATMs

The Reserve Bank of India (RBI) took a key decision keeping in mind the concerns of a common man. RBI took a key decision to impose penalties on banks for non-availability of cash in ATMs.