Search Results for: RBI's reserve

PMC bank created more than 21,000 fraudulent account to conceal loans

The complaint has accused the bank's Chairman, Waryam Singh, and its Managing Director Joy Thomas, along with other bank officials of criminal breach of trust, forgery and falsification of records.

Oct 2, 2019

Signs of revival? FPI invests Rs 7,850 crore into stock market in September

The news has come as a major relief for the government as FPIs were net sellers in July and August.

Oct 1, 2019

Will RBI cut interest rate by 40 bps for 5th successive time this year?

Most experts expect a rate cut though they differ on the quantum ranging between 15 and 40 basis points; Finance Minister Nirmala Sitharaman's growth push is likely to guide RBI's monetary policy

Sep 29, 2019

Finance Minister Nirmala Sitharaman asks CPSEs to clear all dues by Oct 15

The government isreviewing counter-claims related to arbitration and a meeting will be held between the Ministry of Finance and the RBI on the issue.

Sep 29, 2019

Should RBI's regulatory action on Lakshmi Vilas Bank worry erring lenders?

Lakshmi Vilas Bank became second major private lender to get the rap under 'prompt corrective action' framework of the RBI, after the action against PMC Bank.

Sep 29, 2019

PMC Bank customers panic after RBI restricts withdrawals

PMC becomes latest bank out of 23 others to face RBI action over irregularities

Since the beginning of 2019, the RBI has put 23 more co-operative banks under similar restrictions.

Sep 27, 2019

PMC Bank crisis exposes regulatory failures plaguing cooperative banking space

Reserve Bank of India failed to intervene though PMC Bank chairman Waryam Singh's close links with bankrupt real estate company Housing Development and Infrastructure Ltd was known for long.

Sep 27, 2019

Centre to introduce separate combat fatigues for security forces in Kashmir to avoid confusion

Usually, the three forces, Indian Army, CRPF and Jammu, and Kashmir Police operates donning similar fatigues during operations which creates confusion among the ranks.

Sep 26, 2019

CBI raids ex-Bengaluru Police Commissioner Alok Kumar's house in Karnataka phone tapping case

A team of CBI officers is present at the residence of Alok Kumar in connection with illegal phone tapping of several politicians and officers of Karnataka.

Sep 26, 2019

Customers panic after RBI intervention in PMC Bank

Explainer: What is PMC Bank and why are the customers panicking?

RBI has capped withdrawals to Rs 1,000 for six months to prevent a run on the bank; authorities are probing major accounting issues.

Sep 25, 2019

indian farmer, farm loan waiver, up govt waives farm loans, bjp kisan morcha, congress govt, bank loans, rbi governor urjit patel

UAE companies plan $7 billion investment in India to ensure food security

UAE companies plan to invest up to $5 billion in mega food parks and similar facilities in Indian cities and up to $2 billion in contract farming, sourcing of farm products.

Sep 25, 2019

Modi govt plans another round of PSU stake sale to recover loss from tax bonanza

Centre may also opt for using buffer, which means a slight deviation from the target, and then close the deficit again once the economy is back on a high growth track.

Sep 24, 2019

37th GST Council meeting: Rate on hotel tariffs cut, caffeinated drinks get costlier

The key sectors which would benefit from GST rate cuts are hotels, gems and jewellery, defence and automobiles.

Sep 21, 2019

FM Sitharaman announces steps to boost liquidity, demand

FM Sitharaman's liquidity drive gives the economy a booster shot of demand rise

Credit fairs by public sector banks will bring early festival cheer to consumers as corporate tax bonanza will put on steroids PM Modi's FDI push after Howdy Modi.

Sep 20, 2019

WATCH | US Army band plays Indian National Anthem; takes friendship to next level

A video is going viral of the US Army band playing the Indian national anthem during a joint training exercise on Wednesday.

Sep 19, 2019

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Search Results for: RBI's reserve

PMC bank created more than 21,000 fraudulent account to conceal loans

Signs of revival? FPI invests Rs 7,850 crore into stock market in September

Will RBI cut interest rate by 40 bps for 5th successive time this year?

Finance Minister Nirmala Sitharaman asks CPSEs to clear all dues by Oct 15

Should RBI's regulatory action on Lakshmi Vilas Bank worry erring lenders?

PMC becomes latest bank out of 23 others to face RBI action over irregularities

PMC Bank crisis exposes regulatory failures plaguing cooperative banking space

Centre to introduce separate combat fatigues for security forces in Kashmir to avoid confusion

CBI raids ex-Bengaluru Police Commissioner Alok Kumar's house in Karnataka phone tapping case

Explainer: What is PMC Bank and why are the customers panicking?

UAE companies plan $7 billion investment in India to ensure food security

Modi govt plans another round of PSU stake sale to recover loss from tax bonanza

37th GST Council meeting: Rate on hotel tariffs cut, caffeinated drinks get costlier

FM Sitharaman's liquidity drive gives the economy a booster shot of demand rise

WATCH | US Army band plays Indian National Anthem; takes friendship to next level

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]