News Topic:Reserve Bank of India (RBI)

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.

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.

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.

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.

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.

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.

Government remits stamp duty on documents for fresh loans

SRINAGAR — In a relief for traders, the Jammu and Kashmir government on Friday ordered remitting of stamp duty on documents for fresh/additional loan...

No proposal for merger of J&K Bank, says RBI

SRINAGAR — Amid unconfirmed reports about the merger of Jammu and Kashmir Bank Limited with some nationalized or private bank, Reserve Bank of India (RBI)...

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Srinagar Lok Sabha Seat: Waheed-ur-Rehman Para poorest candidate in fray

The PDP candidate for the Srinagar constituency, Waheed-ur-Rahman Para, is the poorest candidate in the fray with a house valued at a mere Rs 32 lac.
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PDP to represent sentiment of youth, says Waheed Para

Waheed-ur-Rehman Para on Wednesday said that the party will try its best to represent the sentiment of youth in the Parliament democratically.

BJP’s polarising rants result of INDIA alliance’s success: Mehbooba

Peoples Democratic Party (PDP) President Mehbooba Mufti delivered a scathing critique of the escalating turbulence and fear gripping Jammu and Kashmir.

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Flash flood hits Tenghar village in Pulwama

In a harrowing ordeal for the residents of Tenghar village in southern Kashmir's Pulwama district, a sudden flash flood wreaked havoc, inundating over a dozen homes.

Heavy rain can’t dampen spirits as DDC Member Javed Rahim Bhat joins PDP

In a significant development, District Development Council (DDC) Member Javed Rahim Bhat, hailing from Rajpora, officially joined the Peoples Democratic Party (PDP).