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RBI submitted high profile banking fraud cases to PMO: Raghuram Rajan

Vastavam web: A list of high profile cases related to banking frauds was sent to the Prime Minister's Office (PMO) for a coordinated action,...

Google agreed to follow RBI’s norms for payment services

Vastavam web: Internet major Google is learnt to have agreed to follow the RBI's local data storage norm for payment services but wants time...

Commercial banks with more than 10 branches to have internal ombudsman:...

Vastavam web: The Reserve Bank of India (RBI) Monday asked all scheduled commercial banks with more than 10 branches to appoint an internal ombudsman...

Indians returned in almost all currency note ban in 2016: RBI

Vastavam web: Indians returned almost the entire amount of currency withdrawn in the government’s note ban of November 2016, raising fresh questions over the...

RBI likely to maintain status quo in August policy meet

Vastavam web: The Reserve Bank is likely to maintain status quo on the key interest rate on Wednesday notwithstanding elevated oil prices and government's...

Non-food credit growth accelerated to 10.7 per cent for April: RBI

Vastavam web: The Reserve Bank today said non-food credit growth accelerated to 10.7 per cent for April as against 4.5 per cent in the...

Demonetised 500 and 1000 notes are shredded and briquetted says RBI

Vastavam web: Demonetised Rs 500 and Rs 1,000 notes, which have been counted and processed for genuineness, are shredded and briquetted before being disposed...

RBI still processing the banned 500 and 1000 returned notes

Vastavam web: The RBI has said that Rs 500 and Rs 1,000 notes, returned to banks when the government demonetised high value currency 15...

Financial situation of AP slipping to Over-Draft: RBI

Vastavam web: Financial situation of Andhra Pradesh has been slipping to Over-Draft (OD) almost every month since bifurcation.As per the latest info, AP have...

RBI likely to keep key rate unchanged for 2nd time in...

Vastavam web: The Reserve Bank is likely to keep the key rate unchanged on Wednesday and stay focused on inflation control as the rebound in September...

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