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RBI AFFIDAVIT
UDGAM portal facilitates users to search unclaimed deposits across multiple banks: RBI to SCThe submissions were made before a bench of Justices Vikram Nath, Sandeep Mehta and Vijay Bishnoi which was hearing a plea filed by journal...- SC seeks RBI affidavit on borrowers' rights in 4 weeksThe apex court was hearing a Punjab National Bank's (PNB) appeal against the Punjab and Haryana High Court's judgment that quashed PNB's de...
- Aware of concerns of visually impaired but issuing new banknotes huge task: RBI to HCThe Reserve Bank of India on Wednesday told the Bombay High Court while it acknowledges the concerns of visually impaired persons regarding...
- DeMo proposal emanated from centre, not RBI: P ChidambaramA five-member Constitution bench comprising justices Abdul S Nazeer, BR Gavai, AS Bopanna, V Ramasubramanian and BV Nagarathna had on Octob...
- SC displeased with government for delayed response on demonetisation"Normally, a Constitution bench never adjourns like this. We never rise like this once we have started. It is very embarrassing for this co...
- Have no responsibility to audit members of UPI ecosystem: RBI tells Supreme CourtThe Reserve Bank of India (RBI), in its affidavit filed in the top court, also said that the matters related to data privacy and data shari...
- Loan moratorium: Banks told to credit 'interest on interest' to borrowers, RBI tells SC"I say..Ministry of Finance, Department of Financial Services in view of the unprecedented and extreme COVID-19 situation vide its letter ..
- Lenders to credit 'interest on interest' to borrowers account by November 5, Centre tells SC"Under the scheme, all lending institutions (as defined under clause 3 of the scheme) shall credit the difference between compound interest...
- Moratorium period exceeding six months may result in vitiating overall credit discipline: RBI to SCThe banking regulator fled the affidavit in pursuance to the apex court's October 5 order asking the Centre and the RBI to place on record ...
- Google Pay has no access to Aadhaar database: Google to Delhi High CourtThe allegation, according to Google's affidavit, was made by financial economist Abhijit Mishra in the rejoinder filed by him in his PIL cl...
- GPay does not need RBI authorisation as not a payment system operator: Google to HCGoogle, in an affidavit, has said the PSO authorised by the Reserve Bank of India (RBI) is the National Payment Corporation of India (NPCI)...
- HC queries Centre, RBI on different treatment to PMC Bank depositors vis-a-vis Yes BankThe court noted that as per a March notification issued by the Centre, the RBI as well as the central government had a crucial role to play...
- Rs 2 lakh crore will be lost if interest is waived off during loan moratorium: RBI tells SCRBI told the Supreme Court that a forced waiver of interest would risk the financial viability of banks.
- Indiabulls Housing soars 20% as RBI dismisses violation chargeOther group firms including Indiabulls Real Estate and Indiabulls Integrated Services gained up to 5 per cent.
- RBI says crypto not banned, but don’t bank on itThe central bank said this in a response to a petition filed by the Internet and Mobile Association of India (IAMAI), which wanted it to re...
- PMC case: 'Depositors can approach RBI admin for emergency withdrawals'In an affidavit filed in the HC in response to petitions challenging the fund withdrawal restrictions, the RBI has mentioned the withdrawal...
- Changing features of currency notes, coins often not proper, says Bombay HCA division bench of Chief Justice Pradeep Nandrajog and Justice Bharati Dangre asked the Reserve Bank of India (RBI) to state in two weeks ...
- HC raps RBI for callous attitude in not filing response to PIL on financial data misuseIt appears that the RBI is negligent in assisting in the matter," the bench said.
- Refusing to back off, Uday Kotak says his bank meets ownership normsTells Bombay HC that RBI never spoke to promoters on reducing holding in past 16 years.
- Bombay HC asks Kotak to file reply in RBI caseThe RBI had mandated the bank to reduce its promoter shareholding.
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