Tag: Banking
RBI has issued consolidated/ revised guidelines and instructions for scheduled commercial banks and payment banks, regarding opening of Current Accounts and Cash Credit/ Overdraft (CC/ OD) Accounts in various …
RBI has issued revised/ updated Master Circular on Prudential Norms for Income Recognition, Asset Classification (IRAC) and Provisioning pertaining to Advances, which consolidates the RBI Guidelines/ Directions/ Instructions/ Revisions …
RBI has taken action against Paytm Payments Bank Ltd. and has issued directions to stop ‘onboarding of new customers’ with immediate effect, till IT Audit of the Bank and …
RBI has observed that unscrupulous elements are using innovative social media techniques, mobile phone calls, etc. to defraud/ mislead and has cautioned the members of public to be aware …
Reserve Bank of India (RBI) has cancelled the Certificate of Authroisation (CoA) of two companies, namely, Muthoot Vehicle & Asset Finance Limited, Kochi and Eko India Financial Services Private …
Small Value Digital Payments upto Rs. 2,000 allowed by RBI in Offline Mode (without Internet/ OTP), under the new framework applicable w.e.f. 03/01/2022, to give a boost to digital …
Govt. has announced to hike the NPS Contribution and Family Pension for Public Sector Bank Employees, i.e. Bank Employees Family Pension to be increased to 30% of last pay …
