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Tamil Nadu Chief Minister M K Stalin on Sunday flayed the RBI's decision allowing banks to charge for ATM withdrawals beyond the monthly limit and said this will make people withdraw more than ...
Tamil Nadu Chief Minister M K Stalin on Sunday flayed the RBI's decision allowing banks to charge for ATM withdrawals beyond the monthly limit and said this will make people withdraw more than ...
The Reserve Bank of India on Friday permitted banks to increase charges on ATM cash withdrawals beyond the mandatory free monthly usage by Rs 2 to Rs 23 per transaction from May 1. Customers are ...
He urged the Reserve Bank of India to regulate these charges and ensure faster complaint resolution for customers. Chadha said credit card debt is pushing the middle class into financial distress ...
Upon reviewing HDFC Bank’s response and additional submissions, RBI identified two critical areas of non-compliance: Risk categorisation failure: The bank failed to categorise certain customers ...
RBI stated it had performed a required inspection of the bank regarding its financial status as of March 31, 2023. The Reserve Bank of India (RBI) has imposed monetary penalties on HDFC Bank and ...
To tackle the burden, the Reserve Bank of India and the government are swapping maturing debt with longer-dated notes.
It said "Loans against gold jewelry acquired by banks from NBFCs are not eligible for priority sector status". The RBI has also assured that all loans categorized under the earlier PSL guidelines ...
Commercial banks are in talks with Central Bank of Kenya (CBK) for an overhaul of their loan pricing models to come up with a common base lending rate amid concerns that they are not cutting ...
New Delhi [India], March 25 (ANI): The Reserve Bank of India (RBI) has made it clear that banks cannot impose excessive charges, particularly on smaller loan amounts under the priority sector lending ...
The Reserve Bank of India (RBI) has introduced new guidelines for Priority Sector Lending (PSL) effective from April 1, 2025. Key updates include increased loan limits for housing, expanded ...
The Reserve Bank of India has enhanced guidelines for priority sector lending, which is expected to facilitate better targeting of bank credit to the priority sectors of the economy, the central bank ...
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