Tag: credit
'Petrol Pumps To Accept Card Payment Till Friday'
Petrol pumps across the country will continue to accept credit and debit cards till Friday, an AIPDA official said on Monday.....
RBI Lifts ATM Cash Withdrawal Limits From Wednesday
The RBI on Monday ended all curbs on withdrawals from Current Accounts, Cash Credit Accounts and Overdraft Accounts with immediate effect.....
India Commits $5 Bn Credit To Bangladesh For Development, Defence
India commits,$5 bn credit, Bangladesh for development, defence,Prime Minister Narendra Modi, Bangladeshi counterpart Sheikh Hasina, New Delhi,Kolkata and Khulna....
Change In RBI Act, New Law May Be Needed For PCR: RBI
The government may need to amend the Reserve Bank of India Act of 1934 and also bring a special law vis-a-vis setting up of the Public Credit Registry (PCR) to revolutionise the credit sector, an RBI official said on Monday.....
RBI Retains Repo Rate At 6.5%, Inflation Projected At 5.4%
As predicted by economists, the Reserve Bank of India's Monetary Policy Committee (MPC) did not change the repo rate from 6.50 per cent.....
Modi's New Year-eve Sops To Cost Over Rs 3,500 Crore To Economy
Prime Minister Narendra Modi's announcements on the New Year's Eve, including sops in housing, agriculture and for pregnant women, will cost the economy a total of over Rs 3,500 crore annually, a State Bank of India report said on Tuesday.....
Cash Withdrawal Limit To Be Rs 50,000 From February 20; No Limit From March 13
The limits on savings bank cash withdrawals post-demonetisation are to be withdrawn in two stages, the Reserve Bank of India announced on Wednesday, with the limit slated to go up to Rs,50,000 per account from February 20 and to cease from March 13.....
Creditors Need To Take Haircut In Resolving Bankruptcy: Jaitley
Banks and creditors would need to take a "haircut" on their bad loans, even as defaulting promoters could make their businesses operational again by paying the outstanding interest on the loan, Finance Minister Arun Jaitley said on Friday. ....
RBI Raises Retail Exposure Threshold For Banks To Improve Credit Flow
The Reserve Bank of India (RBI) has decided to enhance the threshold limit of retail portfolio of banks to Rs 7.5 crore, with a view to improve the credit flow to small businesses. ....
Lack Of Coordination Between Banks, Government: Vadra
Congress President Sonia Gandhi's son-in-law Robert Vadra on Monday attacked the Centre for lack of management after the petrol pumps across the country threatened to stop accepting payments through credit or debit cards.....
