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Ground Report | New Delhi: ATM cash withdrawal charges; After crossing the free transaction limit on ATM transactions starting next month (January), people will have to spend more money. The Reserve Bank of India (RBI) in June allowed banks to charge people more fees for using ATMs above the monthly limit for free transactions as … Read more
Ground Report | New Delhi: Fraud can happen in the name of updating-KYC; The Reserve Bank of India on Monday advised the general public not to share account login details, personal information, KYC documents, card information, PIN, password, and OTP with unknown persons or agencies. “Such information should not be shared on any unconfirmed/unauthorized websites … Read more
Governor of the (RBI) Reserve Bank of India Shaktikanta Das said that people are facing many kinds of problems in the midst of the COVID-19 epidemic. The RBI has made several announcements to keep the economy on track during the pandemic period. The RBI governor said that the corona infection may be more serious than … Read more
The Reserve Bank of India (RBI) has said that for the present, no changes will be made in the repo red and reverse repo rates. RBI Governor Shaktikanta Das said on Friday that after the meeting of the Monetary Policy Committee, RBI has decided to keep the repo rate at 4 per cent and the … Read more
The central government has fixed the withdrawal limit from Lakshmi Vilas Bank. This limit has been set for the next month i.e. 16 December. Till then the bank account holders can withdraw a maximum of 25 thousand rupees from one account. Reserve Bank has appointed Administrator in place of Board of Directors of Laxmi Vilas Bank. The … Read more
The Reserve Bank of India (RBI) on Tuesday said that all lending institutions, including non-banking financial companies, that by November 5 they would have to implement the scheme of interest waiver on loans up to Rs 2 crore for a period of six months. Starting March 1. The apex bank said “the rate of interest … Read more
