-
PMC Bank Scam: Depositors await clarity on withdrawals even after 2 years
Around 1 lakh depositors of PMC bank are expected to get the benefit from the amendment to the DICGC Act.
-
FDI proposal for bank-promoted insurance firm to be vetted by RBI, Irdai
These changes were made by amending the Foreign Exchange Management (Non-debt Instruments) Rules, 2019
-
RBI's data clause: Payment gateways seek exemption
Authorised card operators will be allowed to store credit and debit card details but they won't be able to use the same for auto-checkout.
-
Bank lockers: Lock up your worries with additional insurance
While RBI has provided much-needed clarity and transparency to locker allocation process, compensation in events of loss of items leaves a grey area.
-
Companies crowd up RBI for payment aggregator license
Those who have applied for the authorisation or in the advanced stages of submitting their proposals include Tata Group, Amazon, and Paytm
-
Mumbai tops corporate tax collection in April-July 2021
While the all-India net collection figure during this period stood at Rs 1.44 lakh crore, Mumbai circle topped the chart
-
Bank lockers: RBI issues revised norms
Banks will be required to incorporate a clause in the locker agreement prohibiting the hirer from keeping anything illegal or hazardous in lockers
-
India’s purchase of US treasury bonds goes up by 10% in Q1FY22
The US treasury data shows that as of June India had treasury securities worth $220 billion, up from $200 billion in March
-
RBI says 2021 may turn out to be the year of IPOs
The successful IPOsin the recent months reflect the continued boom in the Indian technology sector, the central bank noted.
-
Small finance banks serving priority sector profitably: RBI
The study contains an initial assessment of the performance of SFBs for early policy inputs
