News Topic:Reserve Bank of India (RBI)
India
India’s inflation climbs to 1.33% in December
Consumer price inflation (CPI) in India accelerated to 1.33% in December, up from 0.71% the previous month, driven largely by rising food costs.
Business & Economy
RBI imposes Rs 3.31 crore penalty on J&K Bank for regulatory violations
The Reserve Bank of India (RBI) has imposed a penalty of Rs 3.31 crore on Jammu and Kashmir Bank for lapses in regulatory compliance.
KNT -
India
NHAI asks Paytm FASTag users to switch to other banks’ FASTag
To ensure a seamless travel experience and avoid inconvenience at toll plazas, NHAI has advised Paytm FASTag users to procure a new FASTag issued by another bank.
KNS -
India
RBI to withdraw ₹2000 notes, continue as legal tender
The Reserve Bank of India (RBI) made an announcement today regarding the withdrawal of ₹2000 notes from circulation.
KNS -
Business & Economy
India’s forex reserves rise $4.532 billion to $588.78 billion
India’s foreign exchange reserves jumped USD 4.532 billion to USD 588.78 billion for the week ended April 28, the Reserve Bank of India said on Friday.
PTI -
Business & Economy
J&K Bank among 14 banks face RBI’s monetary penalty
Reserve Bank of India has imposed a monetary penalty to 14 banks including Jammu and Kashmir Bank for non-compliance with certain provisions.
KDC -
J&K
RBI extends term of J&K Bank Chairman R K Chhibber
Reserve Bank of India (RBI) has extended the term of present Chairman and Managing Director J&K Bank, R K Chhibber, by six months.
KNS -
Business & Economy
J&K Bank has Rs 7,711.6 Cr gross NPAs: Government
Jammu and Kashmir Bank has Rs 7,711.60 crore gross non-performing assets and Rs 2,810.32 crore net non-performing assets, according to RBI’s quarterly result.
GNS -
Latest news
Why Financial Analyst Skills Are Becoming Essential in a Data-Driven Economy
Enrolling in a financial analyst course has become less of a career bonus and more of a deliberate response to a market that has already moved on.
Pakistani currency seized in Poonch’s Mendhar sector
Security forces recovered Pakistani currency notes and a slip containing several Pakistani mobile phone numbers during a search operation in the Mendhar sector of Jammu.
Army soldier found dead at 16 RR headquarters in Surankote
An Army soldier was found dead at the headquarters of 16 Rashtriya Rifles in the Draba area of Surankote in Poonch district during the early hours of Thursday.
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When a Black Hole Whispers to the World’s Thinnest Material
A black hole and a sheet of graphene seem to belong to completely different worlds. Yet modern physics has taught us a lesson: nature is often more connected than it appears.
Iran rejects US ultimatum on Strait of Hormuz as conflict intensifies
Iran has formally rejected a 48-hour deadline issued by US President Donald Trump to reopen the strategic Strait of Hormuz, further deepening the volatility of the conflict.