Thu, May 09, 2024
Section 269SS of the Income Tax Act stipulated that an individual cannot accept a deposit or loan made by another person other than in the specified modes of payment. Under the section, the permissible cash limit is Rs 20,000.
More >
Tue, May 07, 2024
The new rules of RBI will not have any significant impact on the company... The draft guidelines will not have any impact on the company's profits... The company will grow by 15-20% in the next 5 years.. The company will soon be NPA free: Vivek Kumar Devangan, CMD, REC
Mon, May 06, 2024
Infrastructure-related NBFC stocks such as REC, IREDA and PFC plunged more around 6-12 per cent.
Thu, Sep 22, 2022
Next Bank Holiday October 2022: Banks in India will remain closed to public on 15 days in October. The closure will be city-wise and based on holidays declared by local administrations in different states
Wed, Sep 21, 2022
Reserve Bank of India governor Shaktikanta Das launched NPCI's new initiatives at the Global Fintech Fest in Mumbai. From UPI Lite to using credit cards for UPI transactions, here is all you need to know.
Unified Payments Interface (UPI) is being seen as a potent way to make low ticket payments faster and in a simpler way
Shares of Central Bank of India jumped more than 15 per cent in early trade after the Reserve Bank of India (RBI) removed the bank from the Prompt Corrective Action Framework (PCAF) watchlist.
The intention of the central bank is not to penalize or stifle anyone but to ensure that everyone follows traffic rules.
Tue, Sep 20, 2022
Of the three state-owned lenders under the RBI's PCA framework, Indian Overseas Bank and UCO Bank were removed from the watchlist in September 2021.
The projects are part of the RBI initiative for the digitalization of rural finance wherein banks are collaborating with Reserve Bank Innovation Hub (RBIH).
Mon, Sep 19, 2022
Mondal's appointment, approved by the bank's board on Thursday, is for a period of three years with effect from September 15, 2022
Sat, Sep 17, 2022
Several people were cheated in the last few years by cyber frauds because they have stored their card data on the merchants website for future payments.
Fri, Sep 16, 2022
Zee Business Top Picks 16th Sep'22: From SEBI's new guidelines on settlement of running account for brokers to Prime Minister Narendra Modi in SCO Summit to Rupee fairing against the US Dollar, here is a list of top stories that featured on zeebiz.com. Take a look to know more
The RBI data on Outward Foreign Direct Investment (OFDI) for August 2022 showed that the total financial commitment by the domestic firms was worth USD 1,027.67 million in August, 2022-23. In the same month of 2021-22, it stood at USD 2,500.97 million (USD 2.5 billion).
Thu, Sep 15, 2022
SBI Ecowrap RBI Rate Hike Report: The report has been authored by Dr. Soumya Kanti Ghosh, Group Chief Economic Adviser, State Bank of India.
As per official GDP estimates, the Indian economy expanded 13.5 per cent in June quarter, higher than 4.10 per cent growth clocked in January-March
As the name suggests, such bonds are issued by the Reserve Bank of India. Because they are offered by the government, they are completely secure.
Wed, Sep 14, 2022
Why did the US market panic yesterday? How much will the Fed hike interest rates? What will happen in the policy of RBI this time? Know from Ajay Bagga, Chairman and Market Expert, Elyments Platforms.
Mon, Sep 12, 2022
The RBI Governor-headed Monetary Policy Committee (MPC) is scheduled to be held from September 28 to 30.
Fri, Sep 09, 2022
All ministries or agencies have been asked to take all possible actions to prevent operations of such apps.
Wed, Sep 07, 2022
The Reserve Bank of India (RBI) has issued a warning against applications and platforms that are involved in illegal foreign exchange (forex) transactions and released an ‘Alert List’ consisting of names of 34 firms that are operating electronic trading platforms (ETPs) without due clearance from
RBI warns on illegal trading platforms. RBI releases 'Alert List' of 34 illegal forex trading platforms. Know full news from Ekta Suri.
If you have also deposited your valuables in the bank locker, then it is important for you to be aware of these RBI rules related to bank locker. Know what the rules of Reserve Bank of India say in cases of mishappening.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.