Depositors money is safe in any bank: Reserve Bank of India
Mumbai/IBNS: The Reserve Bank of India on Sunday assured that people should not panic as there is no such concern about safety of their deposits in any bank.
Yes Bank crisis: FM's assurance is right, depositors' money not at risk, says SBI chairman
Mumbai/New Delhi/IBNS: Amid the panic of the customers of crisis-hit Yes Bank, State Bank of India (SBI) chairman Rajnish Kumar on Saturday said the depositors' money was safe throwing weight behind the statement of Union Finance Minister Nirmala Sitharaman.
No clue about Yes Bank's crisis: Founder Rana Kapoor
Mumbai/IBNS: Yes Bank founder and former MD Rana Kapoor has said he is unaware of the developments that led the Reserve Bank of India to impose moratorium on the private bank, an India Today report said.
Yes Bank update impacts fintech start ups and app based services
Mumbai/IBNS: Several fintech startups and apps are facing problems in their operations after Yes Bank was put under moratorium by the Reserve Bank of India on Thursday.
Yes Bank crisis: Depositors' money is safe, says FM Nirmala Sitharaman
New Delhi/IBNS: Reacting to the Yes Bank crisis, Union Finance Minister Nirmala Sitharaman on Friday assured all depositors that their money was safe, media reports said.
Yes Bank customers throng branches after RBI puts restriction on withdrawal
Lucknow/UNI: Customers of Yes Bank rushed to their branches on Friday after they were informed through media and other sources, that RBI has put restriction on their withdrawal till April 3.
Yes Bank crisis: Depositors' money is safe, says FM Nirmala Sitharaman
New Delhi/IBNS: Reacting to the Yes Bank crisis, Union Finance Minister Nirmala Sitharaman on Friday assured all depositors that their money was safe, media reports said.
Swift action will be taken to revive Yes Bank: RBI Governor Shaktikanta Das
Mumbai/IBNS: Reserve Bank of India (RBI) governor Shaktikanta Das on Friday said the crisis-hit Yes Bank will be revived by the country's central bank very "swiftly" and "fast".
Bill to give RBI powers to regulate cooperative banks introduced in LS
New Delhi/UNI: Union Finance Minister Nirmala Sitharaman on Tuesday introduced the Bill which proposes to amend the Banking Regulation Act and bring multi-state cooperative banks under effective regulation of RBI.
RBI keeps repo rate unchanged at 5.15 pc
Mumbai/IBNS: To fight inflation, the Reserve Bank of India (RBI) kept the repo rate unchanged at 5.15 per cent, according to the Bi-monthly Monetary Policy Statement of the central bank.
RBI likely to keep rates unchanged in bimonthly policy meeting
New Delhi/UNI: The Reserve Bank of India is likely to keep repo rates unchanged at 5.15 per cent at its bimonthly policy meeting on Thursday, as the country battles rising inflation and slowing economy.
RBI cancels Vodafone M-Pesa certificate
Mumbai/UNI: The Reserve Bank of India (RBI) on Tuesday cancelled the certificate of Vodafone’s mobile phone-based banking service M-Pesa Limited due to voluntary surrender of authorisation.
Michael Debabrata Patra becomes RBI Deputy Governor
New Delhi/UNI: The government on Tuesday appointed Michael Debaprata Patra as the Deputy Governor of the Reserve Bank of India (RBI).
Career Central Banker Michael Patra appointed as RBI Deputy Governor
Mumbai/IBNS: The government on Tuesday appointed Career Central Banker Michael Patra as the Deputy Reserve Bank of India (RBI) Governor, media reports said.
Wholesale inflation increases 0.58% in November
New Delhi/IBNS: The wholesale inflation jumped 0.58% in November, government data released on Monday revealed.