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# rbi

7 posts in `rbi` tag

Manappuram Finance Limited Rs 42.78 Lakh RBI Penalty

After looking at reports and letters, the RBI found that the company didn't follow the RBI's instructions about giving back extra money to certain borrowers.

RBI Statistical Handbook Indian States 2022-23

India is rapidly advancing as an economy and aims to sustain this growth, aspiring to attain developed economy status by 2047, marking the centenary of its independence.

Significant RBI Rule Amendment Fixed Deposit Regulations

The Reserve Bank of India has announced a change in the rules for non-callable term deposits.

RBI Fines Paytm Payments Bank 5.39 Crore Non Compliance

Upon reviewing the audit reports, the RBI-determined that Paytm Payments Bank had not correctly identified the beneficial owner concerning the entities that were brought on board to offer payout services.

RBI Extends Last Date Exchanging RS 2000 Notes

According to an RBI press release dated September 30, 2023, this extension was decided upon after reviewing the situation when the original deadline for withdrawal had passed.

Deposit 2000 notes without attracting income tax notice

Notice RBI: There has been a decrease in the overall worth of Rs. 2000 notes in circulation, accounting for approximately 10.8% of the total as of March 31, 2023, which is around Rs 3.62 lakh crore.

RBI Will Withdraw 2000 Notes From Circulation

In order to ensure operational convenience and to avoid disruption of regular activities of bank branches, the exchange of Rs 2000 banknotes into banknotes of other denominations can be made upto a limit of Rs 2000/- at a time at any bank starting from May 23, 2023,