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Sanatan Prabhat > reserve bank

RBI hikes repo rate by 0.50%

01 Oct 2022 | 09:20 AM

Reserve Bank of India (RBI) has hiked the repo rate by 0.50%, taking it to 5.90% from 5.40%. It will result in raising interest on various loans such as housing, vehicle, personal, etc. leading to an increase in the EMI (Equated monthly instalment) for the borrowers.

Categories Delhi, National News Tags economic, inflation, national, reserve bank

Do not fall into the trap of fraudsters, RBI alerts the public

18 May 2022 | 01:43 PM

Reserve Bank of India has alerted people instructing them not to fall prey to fraudsters. In today’s time, many people easily fall prey to fraudsters.

Categories Delhi, National News Tags economic, fraud, national, reserve bank

After Sri Lanka, now Nepal is facing financial crisis !

21 Apr 2022 | 02:17 PM

Sri Lanka is currently going through an economic crisis that is said to be the biggest in the last 70 years. There are indications that a similar crisis could befall Nepal, India’s other neighbour.

Categories International News, Nepal Tags economic, financial, international, nepal, reserve bank

Now ATM card not required to withdraw money : Reserve Bank of India Governor

10 Apr 2022 | 12:45 PM

The cardless money withdrawal facility will curb things such as Card Skimming (a method of stealing the technical information and PIN of the ATM card).

Categories Delhi, National News Tags administration, crime, economic, national, reserve bank

RBI : Printing of Rs. 2,000 notes stops for the financial year 2021-22

30 May 2021 | 11:17 AM

Reserve Bank of India (RBI) has announced that Rs. 2,000 currency notes will not be printed in financial year 2021-22.

Categories Delhi, National News Tags finance, national, reserve bank

Account holders to get refund within 10 days of online fraud!

08 Apr 2021 | 11:33 AM

In view of rising online frauds, the Reserve Bank of India has laid down the guidelines to compensate the victims.

Categories Maharashtra, National News Tags Financial fraud, national, reserve bank

Rs. 5, 10, and 100 currency notes will not be discontinued – RBI clarification

27 Jan 2021 | 11:08 AM

A few days ago media circulated a news that currency notes of Rs. 5, 10, and 100 denominations will be discontinued.

Categories National News Tags india, national, reserve bank

Tirupati temple to draw monthly interest on Rs 12,000 crore deposits due to cash crunch

01 Sep 2020 | 02:35 PM

Apparently faced with a severe liquidity crunch due to a sharp fall in cash offerings by devotees to the Shri Venkateshwara temple on Tirumala, the Tirumala Tirupati Devasthanams on 28th August decided to convert its cash deposits worth over Rs 12,000 crore in various banks into the monthly mode.

Categories National News Tags corona, economic, national, reserve bank, temple

Travancore Devaswom Board is to earn interest through Sabarimala temple’s gold mortgage

31 Aug 2020 | 02:49 PM

To meet the regular expenses, Travancore Devaswom Board has decided to mortgage the Sabarimala temple’s gold at reserve bank.

Categories National News Tags corona, economic, mismanagement of administration, national, reserve bank, save temples

Now, Reserve Bank will control Urban Cooperative Banks

25 Jun 2020 | 10:47 AM

The Central Cabinet, in a meeting have decided to bring 1,482 Urban Cooperative and 58 Multi-state Cooperative banks under the control of Reserve Bank,  informed by Central Minister Prakash Javdekar.

Categories National News Tags national, reserve bank

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