Sunday, November 17, 2024

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Reserve Bank of India

News Reports

Is Indian currency being printed in China, as claimed by media and some politicians?

OpIndia Staff -
Congress and AAP leaders share Chinese media's claim, government of India calls it baseless
News Reports

All you need to know about the new RBI Director, Swaminathan Gurumurthy

Sanghamitra -
Swaminathan Gurumurthy has been one of India's most powerful voices for decades
News Reports

Raghuram Rajan’s answers on the PNB scam and controversial 20:80 rule do not pass muster

OpIndia Staff -
Rajan spoke out for the first time on the recent issues in banking sector
News Reports

Big loan defaulters could soon be facing music as RBI plans to use insolvency laws

OpIndia Staff -
Reserve Bank of India is planning to use insolvency laws against the big loans defaulters.
News Reports

RBI identifies 12 accounts responsible for 25% of bad loans

OpIndia Staff -
Defaulters have not been named, but banks will be asked to initiate insolvency proceedings to recover the dues.
News Reports

NDTV under I-T scanner for concealing Rs 1600 crore income

OpIndia Staff -
Income Tax Dept is looking into undisclosed income to the tune of Rs 1600 crore relating to NDTV.
News Reports

Now you may keep your account number but change the bank, RBI moots bank account portability

OpIndia Staff -
If the idea is made operational in India, this will be the first of its kind in the entire world.
News Reports

Cabinet approves ordinance that gives teeth to RBI to recover bad loans

OpIndia Staff -
The move will empower the central bank to act on behalf of other banks against wilful defaulters.
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