The central bank doubled the loan restructuring limits of struggling small businesses to Rs 50 crore from Rs 25 crore in view of the impact of the second wave of COVID-19 on such companies
India s foreign exchange reserves jumped by $2.865 billion to hit a record high of $592.894 billion for the week ended May 21, bolstered by gold and currency assets, RBI data showed on Friday
New Delhi [India], May 29 (ANI): A number of petitions have been filed before the Supreme Court seeking to initiate contempt of court proceedings against Reserve Bank of India (RBI) Governor, Shaktikant Das, Chief Executive of Indian Banks Association (IBA) and others for allegedly flouting the SC's earlier order, by turning and declaring the account of the petitioners as Non Performing Assets (NPA) in connection with the moratorium matter.
New Delhi [India], May 27 (ANI): A petition was filed before the Supreme Court on Wednesday seeking to initiate contempt of court proceedings against RBI Governor Shaktikants Das, Chief Executive of Indian Banks Association (IBA) and others for allegedly flouting the top court's earlier order by turning and declaring the account of petitioners as Non Performing Assets (NPA) in connection with moratorium matter.