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RBI Asks Non-Banks To Stick To Rs 20,000 Loan Cash Payout Limit: Report
India's central bank has asked non-bank finance companies (NBFC) to strictly adhere to a cap of 20,000 rupees ($240) in cash loans, according to a letter seen by Reuters and two people aware of the development, in a bid to deter cash transactions.
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Urjit Patel Quit Over RBI Payout To Centre, Says Top Panel Member
Former Reserve Bank of India Governor Urjit Patel quit last December after differences over transferring its reserves to the Union government, a member of a panel set up to study the central bank's capital framework has told NDTV.
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Government "Usurps Huge Windfall From RBI": Jairam Ramesh Hits Out
The Govt of India now usurps a huge windfall from the RBI going contrary to what the central bank's own think tank CAFRAL had said, Congress leader Jairam Ramesh said in a tweet.
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"Stealing From RBI Won't Work": Rahul Gandhi Attacks Centre Over Payout
Congress MP Rahul Gandhi today made lacerating comments on the Reserve Bank of India approving a record Rs 1.76 lakh crore payout to the government, a move that he said was the same as "stealing from the RBI".
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RBI Halves Payout To Government, Likely Cause Is Notes Ban
The dividend inflows into government coffers comes at a time when New Delhi is front-loading expenditure.
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RBI Asks Non-Banks To Stick To Rs 20,000 Loan Cash Payout Limit: Report
India's central bank has asked non-bank finance companies (NBFC) to strictly adhere to a cap of 20,000 rupees ($240) in cash loans, according to a letter seen by Reuters and two people aware of the development, in a bid to deter cash transactions.
-
Urjit Patel Quit Over RBI Payout To Centre, Says Top Panel Member
Former Reserve Bank of India Governor Urjit Patel quit last December after differences over transferring its reserves to the Union government, a member of a panel set up to study the central bank's capital framework has told NDTV.
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Government "Usurps Huge Windfall From RBI": Jairam Ramesh Hits Out
The Govt of India now usurps a huge windfall from the RBI going contrary to what the central bank's own think tank CAFRAL had said, Congress leader Jairam Ramesh said in a tweet.
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"Stealing From RBI Won't Work": Rahul Gandhi Attacks Centre Over Payout
Congress MP Rahul Gandhi today made lacerating comments on the Reserve Bank of India approving a record Rs 1.76 lakh crore payout to the government, a move that he said was the same as "stealing from the RBI".
-
RBI Halves Payout To Government, Likely Cause Is Notes Ban
The dividend inflows into government coffers comes at a time when New Delhi is front-loading expenditure.
