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
Truck-Eeco collision in Pattan claims life, leaves another injured
A person was killed and another injured after a road accident involving a truck and an Eeco vehicle bearing registration number JK04H-7988 at Hyderbeigh area of Pattan.
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J&K braces for fresh spell of rain and snow
After the season’s first major widespread snowfall, Jammu and Kashmir is set to witness another spell of rain and snow from Monday evening, the MeT said.
TRAI Report: Reliance Jio and Airtel dominate network performance in Katra and Udhampur; BSNL lags behind
The Telecom Regulatory Authority of India (TRAI) released its latest IDT findings, revealing significant disparities in mobile network performance across the J&K.
Must read
From Kashmir to Kanyakumari, one man walks for a purer India
As dawn broke in Kashmir, Mr Gaurav Tyagi with an unwavering resolve took steady strides southward, echoing a purpose that transcends borders, languages, and beliefs.
Pulwama’s young students endure scorching heat as school construction stalls
For more than a year, young students at Government Upper Primary School (UPS) Chewakalan in Pulwama have been forced to study in sweltering, makeshift tin sheds.