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Fake Rs 2000 notes from 'Children Bank of India' at Delhi ATM

A man who had gone to withdraw money at an ATM in Sangam Vihar in New Delhi allegedly ended up getting four notes of Rs 2,000 with ‘Children Bank of India’ written on them, police said......

How Indian banks will change by 2025

Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in......

Suiters for Air India's Mumbai assets

Though the airline has kept a reserve price of Rs 315 crore for these properties, it hopes to make around Rs 500 crore from the sale. Illustration: Uttam Ghosh/Rediff.com Various government......

SBI cuts saving account rate by 0.5%

SBI said revision of saving bank rate will enable the bank to maintain MCLR based lending rate at existing rates. India's largest lender State Bank of India has slashed interest on savings account......

Alarming rise in banking frauds, warns RBI

It adds that banks could be hiding some of the fraud cases, masking these as bad debt The Reserve Bank of India’s (RBI) financial stability report (FSR) has warned that frauds in the banking......

An ordinance to justify note ban?

An ordinance or amendment in the RBI Act may be required to extinguish the Reserve Bank's liability towards the de-legalised currency notes that are not returned to the banking system.Sudipto......
  Web results for Reserve Bank Of Indiarsquo
Banks are investing big time in venture capital

Banks are allowed to invest up to 10 per cent of the paid-up or unit capital in Category-I or Category-II Alternative Investment Funds... ...

http://www.rediff.com/money/report/banks-are-investing-big-time-in-venture-capital/20180216.htm
RBI tells PNB to pay up LoU dues to other banks

RBI seeks detailed report on what happened between 2011 and now; bankers to recall loans to Nirav Modi entities.  The Reserve Bank of India has... ...

http://www.rediff.com/money/report/rbi-tells-pnb-to-pay-up-lou-dues-to-other-banks/20180216.htm
Banks' NPAs may surge after RBI's new rules

The amount of loans that carry a high risk of slippage into the NPA category over the next few quarters is about Rs 2.8 trillion.  Over Rs 2.8... ...

http://www.rediff.com/money/report/banks-npas-may-surge-after-rbis-new-rules/20180214.htm
Cape Town is running out of water... Bengaluru is next

It’s not just South Africa’s Cape Town which is going dry. Here are 10 other cities that are most likely to run out of drinking water.... ...

http://www.rediff.com/news/report/pix-cape-town-is-running-out-of-water-bengaluru-is-next/20180213.htm
From Emergency to bad loans, PM Modi rips Congress in Parliament

Prime Minister Narendra Modi didn’t hold back on Wednesday when he launched a scathing attack on the Gandhi family and the Congress in... ...

http://www.rediff.com/news/report/country-suffered-due-to-congresss-sins-modi-in-ls/20180207.htm

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