RBI mulls new penalty framework for banks: Report
There is also speculation about the possibility of imposing additional capital charges on regulated entities, as per the report
There is also speculation about the possibility of imposing additional capital charges on regulated entities, as per the report
The RBI said that the facility of exchange of 2000 rupees banknotes across the counter shall be provided to the public, in the usual manner
The office-bearers of these banks wrote to the city police commissioner to conduct an inquiry into the case, after which the SOG began an investigation
The RBI said the deadline will be extended in a phased manner by December 31, 2023
The Government has called upon bankers to ensure availability of at least one banking outlet within five kilometers of all inhabited villages
Most people who prefer mutual funds to fixed deposits have moved to equity funds
The entity is in discussions primarily with public sector card companies like SBI Card, PNB Cards and Union Bank