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 -
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