by newsworm | Feb 20, 2025 | Banking, Central Bank of India, RBI
The Reserve Bank of India (RBI) has rejected all bids for its auction of 91-day and 182-day treasury bills, amounting to Rs 26,000 crore, in an effort to ease liquidity in the banking system. This move comes as the RBI has been selling dollars in the foreign exchange... by newsworm | Feb 19, 2025 | Banking, Equitas Small Finance Bank, Jana Small Finance Bank, RBI, Ujjivan Small Finance Bank
Shivalik Small Finance Bank (SFB) has reduced its fixed deposit (FD) interest rates in response to the Reserve Bank of India’s (RBI) recent repo rate cut. The new FD interest rates range from 3.50% to 8.55% for general citizens and 4% to 9.05% for senior... by newsworm | Feb 18, 2025 | Banking, Central Bank of India, Nainital Bank, RBI, Ujjivan Small Finance Bank
The Reserve Bank of India (RBI) has imposed penalties on three financial institutions, Shriram Finance, Ujjivan Small Finance Bank, and The Nainital Bank Limited, for non-compliance with regulatory norms. The penalties were imposed following the RBI’s Inspection... by newsworm | Feb 18, 2025 | Banking, Karnataka Bank, RBI
Karnataka Bank has recently reported to the Reserve Bank of India (RBI) a suspicious cross-border Unified Payments Interface (UPI) transaction worth Rs 18.87 crore. The bank claims that it has suffered a loss of Rs 18.57 crore due to an UPI reconciliation issue, which... by newsworm | Feb 17, 2025 | Banking, Karnataka Bank, RBI
Karnataka Bank has reported a suspicious cross-border UPI (Unified Payments Interface) transaction of Rs 18.87 crore to the Reserve Bank of India (RBI). According to reports, the bank has requested the RBI to reverse the transaction, which is suspected to be an... by newsworm | Feb 17, 2025 | Banking, Central Bank of India, RBI
Preparing for the Central Bank of India Zone Based Officer (ZBO) Exam 2025 requires a well-structured plan and a clear understanding of the exam. With intense competition, simply studying from various sources is not enough. Candidates need a smart strategy to stay...