UPI Payment Limit To Hospitals, Educational Institutes Raised To Rs 5 Lakh: RBI
Mumbai- In a major decision, the RBI on Friday announced to raise the UPI payment limit to hospitals and educational institutions to Rs 5...
RBI’s MPC Meet Begins Amid Expectations Of Status Quo On Interest Rate
Mumbai- The RBI's high-powered rate setting panel, on Wednesday, began its three-day brainstorming on the next set of bi-monthly monetary policy amid expectation of...
Banks Write Off Rs 10.57 Lakh Crore In 5 Years, Make NPA Recovery Worth...
New Delhi- Banks have written off Rs 10.57 lakh crore during the last five financial years, of which Rs 5.52 lakh crore was in...
Secy DFS Dr. Vivek Joshi Chairs 12th UT-Level Bankers’ Committee Meeting
Srinagar- Implement and Popularize PM Vishwakarma Scheme to provide end-to-end support to artisans and craftspeople who work with their hands and tools so that...
J&K Bank Hosts Secretary DFS Dr Vivek Joshi
“I could see the admirable job J&K Bank is doing in the effective implementation of government schemes”Srinagar- One feels immensely pleased to see that...
J&K Bank Launches Visa Global Debit And Credit Card, Enhances Features Of Mpay Delight...
Srinagar- With a view to keep pace with the fast-changing ecosystem of digital offerings, MD & CEO Baldev Prakash today launched the J&K Bank’s...
Tougher Unsecured Loan Norms A Preemptive Move, In Interest Of Sustainability: RBI Governor
Mumbai- Reserve Bank of India Governor Shaktikanta Das on Wednesday said the central bank's tougher stance on unsecured loans earlier this month is a...
Higher Risk Weight On Unsecured Bank Loans Credit Positive: Moody’s
New Delhi- The RBI's decision to tighten norms for unsecured personal loans is credit positive because lenders will need to allocate higher capital for...
RBI Tightens Norms On Personal Loans For Banks, NBFCs
Mumbai- The Reserve Bank on Thursday tightened norms for unsecured personal loans for banks and non-banking financial companies.The revised norms wherein risk weights have...
Rs 820 Cr Erroneously Credited To UCO Bank Account Holders Due To Technical Glitch
New Delhi- As much as Rs 820 crore were credited to account holders of UCO Bank in what the lender described as an erroneous...