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Bank of Maharashtras former Pune zonal head violated norms while sanctioning loans to the company.

Bank of Maharashtra cuts MCLR rates by 0.05-0.15 per cent from monday

Base rate remains unchanged at 9.70 per cent per annum, Bank of Maharashtra said in a regulatory filing.

7 Aug 2017 8:02 PM IST

The 3.5 kgs gold, which has been seized, is assessed to be worth Rs 92.87 lakh. Both the accused have been arrested, Garg said. (Representational Image)

Sovereign gold bonds to start trading from August 8

Government had issued eight tranches of Gold Bond Schemes and mobilised Rs 5,400 crore.

7 Aug 2017 6:19 PM IST

Image for representational purpose only

Jan Dhan withdrawals limited to Rs 10,000 a month

The move was aimed at protecting farmers and rural account holders of from money launderers and legal consequences under...

30 Nov 2016 9:01 AM IST

Reserve Bank of India

Banks won't be reducing rates

This has been done with retrospective effect from September 16 to November 26 on incremental deposits of Rs 3.2 lakh...

29 Nov 2016 6:39 AM IST

RBI Governor Urjit Patel. (Photo: PTI)

Taking action to help honest citizens after note ban: RBI Guv

Patel said that printing presses were being made to work at full capacity to meet the demand for new notes.

27 Nov 2016 5:52 PM IST

District Cooperative Banks got Rs 5,000 crore from November 10-13

District Cooperative Banks got Rs 5,000 crore from November 10-13

Likely reason for RBI banning district co-ops from exchanging notes.

27 Nov 2016 3:22 AM IST

Govt had allowed Rs 1,000, Rs 500 notes for certain utility services till November 24. (Representational image)

Exchange old currency notes at RBI counters

On Thursday, govt stopped over the counter exchange of notes facility at banks.

25 Nov 2016 11:04 AM IST

A meeting was held of all district banks against the RBIs decision.

Delay likely in salaries of teachers in aided schools

The bench said it couldn't hear the petitions filed by district co-operative banks on demonetisations issue or grant any...

25 Nov 2016 3:54 AM IST

Employees of Finance Ministry stand in a long queue to withdraw cash from an ATM at North Block in New Delhi on Tuesday. (Photo: PTI)

No cap on cash withdrawal likely by February-end

RBI recently raised ATM withdrawal limit to Rs 10,000 a day with a weekly cap of Rs 24,000.

26 Jan 2017 11:12 AM IST

Chief Election Commissioner Nasim Zaidi, along with Election Commissioners Achal Kumar Jyoti and Om Prakash Rawat, announcing poll schedule for five states. (Photo: PTI)

Raise weekly withdrawal limit for poll candidates: EC to RBI

The EC has asked the Reserve Bank of India to increase the limit to Rs 2 lakh per week from the existing Rs 24,000.

25 Jan 2017 8:00 PM IST

Viral Acharya. (Photo: YouTube screengrab)

RBI has new roles for Urjit Patel's deputy governors

Viral Acharya as MPC head has crucial task of working on repo rate for sixth bimonthly policy review on Feb 8.

23 Jan 2017 2:39 PM IST

Panic among people during the initial days (of demonetisation) had led customers rushing to banks and deposit their money. (Photo: Representational Image/PTI)

NSDL to shortly seek final RBI go-ahead for payments bank

RBI to start payments banks with an 18-month window to apply for the final nod.

21 Jan 2017 12:43 PM IST