by newsworm | Dec 21, 2024 | Banking, Central Bank of India
The Central Bank of India is hiring candidates for the post of Business Correspondent Supervisor on a contract basis. There is only 1 vacancy for this position. The selected candidates will be engaged for a tenure period of 12 months, subject to satisfactory annual... by newsworm | Dec 20, 2024 | Banking, Central Bank of India, RBI
Sri Adhikari Brothers Television Network Limited (SABTNL) had sought an interim stay from the National Company Law Tribunal (NCLT) against a Show Cause Notice (SCN) issued by the Central Bank of India. However, the NCLT has rejected the application. According to the... by newsworm | Dec 19, 2024 | Banking, Central Bank of India
The Enforcement Directorate (ED) conducted simultaneous searches at four locations, including three in Sambalpur and one in New Delhi, linked to former Odisha opposition chief whip Pramila Mallik’s late brother, Khirod Mallik, who is accused of fraudulently... by newsworm | Dec 19, 2024 | Banking, Central Bank of India
Federal Reserve Chairman Jerome Powell has clarified that the central bank does not hold or invest in bitcoin, and there are no plans to change that stance. In a response to a question during a virtual event, Powell said the Fed does not own or invest in... by newsworm | Dec 18, 2024 | Banking, Central Bank of India, RBI
Non-banking finance companies (NBFCs) operating in the digital lending space have requested the Reserve Bank of India’s permission to offer pre-approved credit on the United Payments Interface (UPI) platform. The central bank had earlier opened the UPI platform... by newsworm | Dec 18, 2024 | Banking, Canara Bank, Central Bank of India, HDFC Bank, RBI
The Marginal Cost of Lending Rate (MCLR) is the minimum rate at which banks lend to borrowers, based on their own cost of funds. The MCLR is closely tied to the Reserve Bank of India’s (RBI) repo rate, which is the rate at which the central bank lends to...