Will ₹200 Notes Be Discontinued? RBI Clarifies
Chandigarh, January 16, 2025 (Punjab Khabarnama Bureau): You must remember the day of demonetization. After that, you also saw how the RBI slowly withdrew ₹2000 notes from circulation. Now, reports…
Bank Holidays: RBI Declares November 12 as a Bank Holiday – Here’s Why
All banks in the country will remain closed tomorrow on Tuesday. All public and private sector banks are going to remain closed on 12 November. Banks are going to remain…
RBI Maintains Repo Rate: No EMI Relief for Home and Car Loans Yet – Here’s Why
The RBI has decided to maintain the repo rate, keeping it unchanged at 6.5%. This decision means no immediate relief for home and car loan EMIs. The RBI's focus is…
RBI Governor Warns: Over-Reliance on AI in Finance Could Lead to Issues
The RBI Governor has cautioned against the excessive reliance on artificial intelligence (AI) in the financial sector, warning that it could lead to unforeseen challenges. While AI offers significant benefits,…
“RBI Approves Tata Capital’s NBFC-ICC Conversion”
15 august 2024 : The Reserve Bank of India (RBI) has granted approval for Tata Capital Limited (TCL) to transition from a non-banking finance company (NBFC)-core investment company (CIC) to…
RBI Governor Counters Economic Survey: Food Inflation Can’t Be Ignored
08 august 2024 : In contrast to the perspectives presented in the Economic Survey regarding the exclusion of food from retail inflation, the Reserve Bank of India (RBI) asserted on…
RBI Governor calls on banks to enhance efforts in combating mule accounts
3 July 2024 Punjab Khabarnama : On July 3, Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), conducted meetings with the Managing Directors and Chief Executive Officers…
RBI Sets New Rules for NBFC Executive Payouts
28 June 2024 Punjab Khabarnama : Payouts to to key management personnel at non-banking financial companies have gone under scrutiny of the Reserve Bank of India following its directive issued…
FD interest rates are going to come down, SBI chairman hinted
June 13 (Punjab Khabarnama) : State Bank of India (SBI) Chairman Dinesh Kumar Khara has said that interest rates on FDs are at their peak and are expected to come…
You will have to pay more charges for withdrawing money from ATM, ATM operators have asked RBI to increase the fees
June 13 (Punjab Khabarnama) : A big news has come out related to those who withdraw money from ATM. You may have to pay more charges for withdrawing cash after…