Articles
RBI Limits excessive charges on loans up to Rs 50,000 under PSL
Bank said that no loan-related and ad hoc service charges or inspection charges shall be levied on priority sector loans up to Rs 50,000. This crucial step has been taken to protect small borrowers from unnecessary financial stress and to also ensure fair that there is a fair lending process
25 March,2025 10:47 AM IST | Mumbai
NIC Bank case: Non-bailable warrant issued against ex-chairman, his wife
The two has fled the country just before the Rs 122 crore embezzlement case came to light last month, the officials said
19 March,2025 08:54 PM IST | Mumbai | mid-day online correspondent
RBI, Bank of Mauritius sign pact on use of local currencies for transactions
The MoU documents were exchanged in Port Louis, Mauritius, in the presence of Prime Minister Narendra Modi and his counterpart, Dr Navinchandra Ramgoolam, last week
18 March,2025 04:57 PM IST | Mumbai | mid-day online correspondent
BREAKING
New India Co-Operative Bank case: Mumbai BJP leader's brother held by EOW
Azam was taken into custody late Monday evening after his name surfaced during the interrogation of Unnathan Arunachalam
17 March,2025 11:18 PM IST | Mumbai | Faizan Khan
Civil contractor arrested from Vadodara in New India Cooperative Bank case
According to the police, Rs 12 crore of the misappropriated amount was credited to Kapil Dedhia's account. Further investigation is underway to trace the entire fund flow and identify other individuals involved in the fraud
15 March,2025 07:23 PM IST | Mumbai | mid-day online correspondent
New India Cooperative Bank case: EOW conducts polygraph test on Mehta
Mehta is the prime accused in the Rs 122 crore embezzlement case, officials said
11 March,2025 09:54 PM IST | Mumbai | mid-day online correspondent
BREAKING
RBI to issue Rs 100 and Rs 200 notes
The design of these notes is similar in all respects to Rs 100 and Rs 200 banknotes in Mahatma Gandhi (New) Series, RBI said
11 March,2025 05:05 PM IST | Mumbai | mid-day online correspondent
RBI will push payment systems innovations with soft touch regulations: Governor
The governor said apart from the RBI, the government and other important stakeholders like banks and payment system operators have also taken a number of initiatives to encourage the adoption of digital payments
10 March,2025 11:26 PM IST | Mumbai | PTI
New India Cooperative Bank case: EOW searches ex-chairman's home
During the searches, the EOW recovered several documents, which police are examining, the officials said
05 March,2025 09:54 PM IST | Mumbai | mid-day online correspondent
New India Cooperative scam case: Rs 122 crore flagged as missing from vaults
Cops say money was siphoned off directly by former general manager; an Interpol blue-corner notice being issued against wanted couple
04 March,2025 08:26 AM IST | Mumbai | Faizan Khan