Tuesday, February 23, 2021

reserve bank of india

Deccan Urban Co-op Bank withdrawals capped at Rs 1000 per customer; RBI bars from lending, investing

(Image- REUTERS)The Reserve Bank of India (RBI) on Friday imposed a Rs 1,000 cap on withdrawals from all savings, current or any other accounts of Deccan Urban Cooperative Bank. The restrictions shall stay in force for a period...

Monetary policy: RBI keeps rates on hold, promises ample liquidity

“The cost of capital for companies is going to go up,” bankers said.Despite worries on inflation, Reserve Bank of India (RBI) on Friday opted to leave policy rates unchanged even as it promised an accommodative stance for rates...
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Mumbai: Request all to wear masks, maintain social distancing, says Mayor Kishori Pednekar, as she distributes masks in Dadar

She also said that the awareness programme was conducted with the help of the Mumbai Police, as "people...
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