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
JERC authorises J&K, Ladakh power officers to disconnect supply in theft cases
JERC has authorised designated J&K and Ladakh power officers to disconnect supply on detection of electricity theft, subject to statutory safeguards.
J&K take 41-run first-innings lead over Rest of India in Irani Cup
J&K were bowled out for 278 to take a 41-run lead over Rest of India on Day 2 of the Irani Cup, who reached 24/1 at stumps.
Fatty liver disease in 64% of newly diagnosed Type 2 diabetes patients in Kashmir: Study
A Kashmir study found MASLD in 64% of 272 newly diagnosed Type 2 diabetes patients, with higher prevalence among women and those with obesity.
Must read
Royal Premier League final draws thousands to Pulwama amid traffic congestion
The Royal Premier League final between Sultan Warriors Baramulla and Royal Goodwill Cricket Club drew thousands to Pulwama, causing traffic congestion.
J&K’s digital jobs push needs a verification receipt before trust breaks
To combat fake job offers in Jammu & Kashmir, employers must adopt a "verification receipt" to help candidates instantly identify legitimate opportunities.