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| RBI board takes stock of economy, rate transmission; no decision on loan recast Contrary to expectations, the Central Board of the Reserve Bank of India (RBI) did not take up the proposal to restructure the loans of borrowers hit by ...
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| RBI extends enhanced borrowing limit under MSF till Sep 30 "On a review, it has now been decided to extend this enhanced limit till September 30, 2020," the Reserve Bank of India (RBI) said in a circular. Banks ...
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| Bringing co-operative banks under RBI could create challenges for states The central bank and state governments may often end up in courts over the powers of the RBI in overruling the managements of the lenders if the veto ...
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| PMC Bank update | RBI doubles withdrawal limit to Rs 1 lakh, extends restrictions by 6 months The Reserve Bank of India (RBI) on June 19 raised withdrawal limit from fraud-ridden ...
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| Explained: Govt gives more teeth to RBI to govern co-operative banks: What does it mean? This will mean more than 1,500 urban and multi-state cooperative banks will be brought under the RBI's watch, Javadekar said. According to the latest ...
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| PMC scam effect: Ordinance to bring cooperative banks under RBI regulation notified The RBI, as a temporary measure, had increased the borrowing limit of scheduled banks under the marginal standing facility (MSF) scheme from 2% to 3 ...
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| Upset RBI officers knock at Governor Shaktikanta Das's door over new unified cadre, HR bias Officers of the Reserve Bank of India (RBI) have formally raised a red flag over the creation ...
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| RBI to create Payments Infrastructure Development Fund with initial corpus of Rs 250 cr ... mobile phones, cards, etc," the RBI said in a statement. "To provide further fillip to digitisation of payment systems, it is necessary to give impetus to ...
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| RBI's Association hails RBI's control of UCBs RBI's Employees Association has hailed the government's decision to bring all cooperative banks under RBI supervision. The association has also ...
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| Liquidity window for mutual funds induced confidence in system: SEBI "The move by SEBI & RBI jointly to extend a liquidity window to mutual funds helped build confidence in the system, though not much use was made of ...
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| Bringing co-operative banks under RBI could create challenges for states RBI still has to consult state registrars and they will have to tread carefully while dealing with them," said Sanjay Agarwal, senior director, Care Ratings.
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