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RBI to impose Penalty Rs.10,000 soon, for non-replenishment of ATMs with cash

RBI: Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit – Extension

All Scheduled Commercial Banks (excluding RRBs), Small Finance Banks, Primary (Urban) Cooperative Banks and EXIM Bank Dear Sir / Madam, Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit –Extension Please refer to the instructions issued vide circular DOR.CRE.REC.06/04.02.001/2021-22dated April 12, 2021. 2. Government of India has approved the extension of Interest Equalization …

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RBI Monetary Policy 2021: No change in interest rates. Know More Key Points

Announcing the decisions taken in the meeting of RBI’s Monetary Policy Committee i.e. MPC, Das said that the country’s economic growth prospects have improved significantly and the inflation rate has come down to 6 percent. He said that inflation has returned below the 4 percent band. Key points: – RBI Governor has estimated the country’s …

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