The Reserve Bank of India is India's central banking institution, which controls the issuance and supply of the Indian rupee. Until the Monetary Policy Committee was established in 2016, it also controlled monetary policy in India. Read More
The ongoing crisis over the Punjab & Maharashtra Cooperative Bank claimed its fifth victim in a week on Saturday amidst speculation that the Reserve Bank of India (RBI) is likely to take some major decisions in the matter on Tuesday, a day after the ...
Asset stripping is something that Indian promoters have perfected into an art form. For years, the Singh Bros - Malvinder Mohan Singh (MMS) and Shivinder Mohan Singh (SMS) have got away with the proverbial blue murder and finally their luck ran out w ...
Asset stripping is something that Indian promoters have perfected into an art form. For years, the Singh Bros - Malvinder Mohan Singh (MMS) and Shivinder Mohan Singh (SMS) have got away with the proverbial blue murder and finally their luck ran out w ...
At the RBI Monetary Policy Committee (MPC) meeting here earlier this month, external member Chetan Ghate had complained of monetary transmission getting worse, according to the minutes of the MPC meeting released on Friday. ...
Unable to withdraw money for his treatment, a senior depositor with the scam-hit Punjab & Maharashtra Cooperative (PMC) Bank died here on Friday, family sources said. ...
The Supreme Court on Friday refused to entertain plea seeking directions for redressal of certain aspects, including insuring around 15 lakh people whose money is blocked in the scam-hit Punjab & Maharashtra Co-operative Bank (PMC Bank). ...
A petition was filed in the Supreme Court seeking quashing of the Reserve Bank of India circular which has restricted the withdrawal, to Rs 40,000 only, by account-holders of the scam-hit Punjab and Maharashtra Cooperative (PMC) Bank. ...
Former prime minister Dr Manmohan Singh on Thursday appealed to Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and Maharashtra Chief Minister Devendra Fadnavis to look into the Punjab and Maharashtra Co-operative (PMC) Bank matter ...