Reserve Bank of India Archives - Page 8 of 16

RBI extends bank locker agreement renewal deadline to Dec 2023, relieves customers from renewal stress

Banking

RBI gives extension for locker agreements renewal till Dec 31

PGurus Newsdesk - January 24, 2023 0

Banks get time till Dec-end to execute the revised agreement with locker holders On Monday the Reserve Bank of India (RBI) extended the deadline for...

The agency alleged that Mayaram as Finance Secretary granted an 'illegal' three years extension to an 'expired contract'

Corruption

CBI books ex-Finance Secretary Arvind Mayaram for corrupt & dubious contracts...

Team PGurus - January 12, 2023 6

CBI files cases against ex-Finance Secy Arvind Mayaram, others; recovers incriminating documents in the raids The Central Bureau of Investigation (CBI) on Thursday conducted searches...

Investing

Amid global economic slowdown, Standard Chartered cautions investors to Follow SAFE...

PGurus Newsdesk - January 5, 2023 0

India's growth-inflation dynamics are stable and better than its peers: Standard Chartered Standard Chartered has said in a report that investors can follow the strategy...

In its latest Financial Stability Report (FSB), the central bank said that crypto assets are highly volatile

Politics

India mulls prohibiting unbacked crypto assets in its G20 presidency

PGurus Newsdesk - December 30, 2022 0

RBI suggests a common approach to crypto assets to avoid financial risks Under India's G20 presidency, one of the priorities is to develop a framework...

Presenting the figures of the last five years in Parliament, Sitharaman has told that the loans stuck in the banks for the last five years have been transferred to the write-off account as per the RBI guidelines

Finance

Indian Banks wrote off loans amounting to Rs.10.09 lakh crores in...

Team PGurus - December 20, 2022 1

SBI wrote off the highest amount of bad loans in 2021-22 India’s banks have written off loans amounting to over Rs.10.09 lakh crore in the...

Price of SGB will be fixed in Indian rupees on the basis of a simple average of closing price of gold of 999 purity

Investing

Govt to issue third, fourth tranches of sovereign gold bond scheme...

PGurus Newsdesk - December 16, 2022 1

Sovereign gold bond scheme 2022-23 series 3rd and 4th The third and fourth tranches of the sovereign gold bond (SGB) scheme (2022-23) will soon be...

Raghuram Rajan was the Governor of RBI during the second term of the UPA and the initial years of the Modi Govt

Politics

Former RBI Governor Raghuram Rajan joins Congress party’s Bharat Jodo Yatra

PGurus Newsdesk - December 14, 2022 0

Raghuram walks with Rahul in 'Bharat Jodo Yatra' On Wednesday former RBI Governor Raghuram Rajan joined the Congress party’s Bharat Jodo Yatra led by MP...

Supreme Court was hearing a batch of 58 petitions challenging the demonetisation exercise announced by the Centre on November 8, 2016

Law and Order

Supreme Court directs Centre, RBI to submit records relating to Govt’s...

PGurus Newsdesk - December 7, 2022 5

SC reserves order on demonetisation plea, asks Centre, RBI to present related records The Supreme Court on Wednesday directed the Centre and the Reserve Bank...