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Economy

Banks see whopping 73% spike in frauds at Rs 71,543 cr in Financial Year of 2019

July 5, 2019 The TMC Desk Comments Off on Banks see whopping 73% spike in frauds at Rs 71,543 cr in Financial Year of 2019

Banks have reported a massive 73 percent increase in incidents of fraud worth Rs 71,543 crore in FY19, a senior Reserve Bank official said Thursday. Till March 2019, the top five, 10 and 100 cases […]

Politics

RBI should disclose the list of defaulters: Congress

April 28, 2019 The TMC Desk Comments Off on RBI should disclose the list of defaulters: Congress

Latching on to the recent Supreme Court judgement giving the Reserve Bank of India (RBI) a “last opportunity” to disclose the list of defaulters under the Right to Information Act (RTI), the Congress party on […]

India

RBI finally toes the Modi-Jaitley line, gives Rs 28,000 crores

February 20, 2019 The TMC Desk Comments Off on RBI finally toes the Modi-Jaitley line, gives Rs 28,000 crores

Reserve Bank of India has decided to write an early cheque to the government to help prevent its budget shortfall from widening, even as it opens its coffers to fund pre-election sops. On Feb. 18, […]

TMC Special

Bank having Amit Shah as a director collected highest amount of banned notes among DCCBs: RTI reply

June 22, 2018 The TMC Desk Comments Off on Bank having Amit Shah as a director collected highest amount of banned notes among DCCBs: RTI reply

News18, Firstpost, New Indian Express, and Times Now initially had this story from IANS on their sites however took down later likely fearing another defamation case against them. New Delhi, June 22,2018 (TMC Desk) A […]

Economy

ATM operators seek higher ‘interchange rates’, customers may be hit

April 18, 2018 The TMC Desk Comments Off on ATM operators seek higher ‘interchange rates’, customers may be hit

Mumbai (Maharashtra), April 18, 2018 (TMC Desk) Bank customers may be hit as ATM operators have demanded higher “interchange rates” for ATM transactions to enable them to comply with recent stringent RBI guidelines, an industry body […]

Economy

RBI’s neutral stance shows it is less hawkish: JP Morgan

February 9, 2018 The TMC Desk Comments Off on RBI’s neutral stance shows it is less hawkish: JP Morgan

–TMC Desk New Delhi, Feb 9: With retail inflation in India going over the five per cent mark, the RBI continuing its neutral stance at its final monetary policy review of the fiscal earlier this week […]

Economy

RBI holds repo at 6% thrice in succession with neutral stance

February 7, 2018 The TMC Desk Comments Off on RBI holds repo at 6% thrice in succession with neutral stance

–TMC Desk Mumbai, Feb 7: The Reserve Bank of India (RBI) kept its key interest rate unchanged at 6 per cent for the third time in succession at its final bi-monthly monetary policy review of the […]

Economy

RBI maintains key rates, GVA projection, concerned over inflation

December 7, 2017 The TMC Desk 1

–TMC Desk  Mumbai, Dec 6: In its penultimate monetary policy review of the fiscal, the RBI on Wednesday maintained status quo on key lending rates while citing concerns over rising inflation. It also retained economic growth […]

Economy

MPs question on note ban, Still Counting, replies RBI Governor Urjit Patel

July 12, 2017 The TMC Desk 12

Reserve Bank of India Governor Urjit Patel today told a parliamentary panel that old notes deposited after demonetisation are still being counted by a special team working round the clock, with people getting no off-days […]

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