ECONOMY

Tag Archives: rbi

Fine, Mr Urjit Patel! Now, What is your take on corporate loan waivers and tax concessions?
12.04.17 05:03 as RBI - Devinder Sharma

This smacks of double standards. Soon after Uttar Pardesh Chief Minister Yogi Adityanath announced a Rs 36,359-crore farm loan waiver, benefitting more than 95 lakh small and marginal farmers, the Reserve Bank of India governor Urjit Patel has lamented that any such move ‘undermines honest ...
  


Banks to remain closed on April 1: RBI
29.03.17 05:33 as RBI - team pt

Reversing its earlier order, the Reserve Bank (RBI) today said the bank branches dealing in government businesses need not remain open on April 1 in view of the annual closing business.

In its earlier directive on March 24, the RBI had asked all authorised banks to ...
  


RBI's image dented beyond repair post demonetisation, bank staff write to Chief Urjit Patel
14.01.17 11:48 as RBI - TEAM PT

Employees of the Reserve Bank have taken strong exception to the recent measures involving the demonetisation of Rs 500 and Rs 1,000 notes, stating that the government "is impinging on the RBI’s autonomy and its statutory as well as operational jurisdiction”.
 
The employee unions of the ...
  


RBI gives borrowers additional 60 days to repay loans
21.11.16 19:46 as Business - TEAM PT

In view of cash crunch being faced by borrowers, the RBI today provided additional 60 days for repayment of housing, car, farm and other loans worth up to Rs 1 crore. 

This is applicable to loans payable between November 1 and December 31, the RBI said ...
  


RBI stops the supply of 1,000 denomination notes printed without thread
03.05.16 08:34 as General - pt team

The banknotes of 1,000 denomination that were printed without security thread are genuine, but defective, and issuance of all such banknotes of the series is stopped from circulation, Parliament was informed today.
 
It's one of the RBI's regional offices that had reported on December 11, 2015, ...
  



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