Mumbai: RBI Supersedes New India Cooperative Bank Board For 12 Months, Deposit Restrictions Imposed; VIDEO
Mumbai: Thousands of anxious depositors of the New India Cooperative Bank, which was once controlled by the socialists, ...
India's central bank supersedes board of New India Co-operative Bank
India's central bank said on Friday it has taken control of the board of New India Co-operative Bank for 12 months, a day ...
India's RBI imposes business curbs at New India Co-operative Bank on supervisory concerns
India's central bank on Thursday barred Mumbai-based New India Co-operative Bank from issuing new loans or allowing the withdrawal of deposits due to supervisory concerns.
RBI to Issue New ₹50 Banknotes: Key Changes and Reasons Behind the Decision
The Reserve Bank of India (RBI) has declared the release of new banknotes with a denomination of ₹50 signed by Sanjay ...
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Reserve Bank of India Injects Record $28.85 Billion to Stabilize Rupee and Boost Liquidity
The Reserve Bank of India (RBI) is set to infuse a record 2.50 trillion rupees ($28.85 billion) into the banking system ...
India Inflation Nears 4% Target, Raising Hopes of Rate Cut
India’s inflation eased to a five-month low in January, justifying the central bank interest rate cut, though risks remain amid a depreciating currency and threat of tariffs.
Indian Central Bank to Infuse Record Overnight Funds Post Heavy FX Intervention
MUMBAI (Reuters) - India's central bank will infuse a record quantum of funds into the banking system through an overnight ...