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...
24 Nov, 2022, 11.38 PM IST
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...
09 Nov, 2022, 11.36 PM IST
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...
28 Jan, 2021, 10.24 PM IST
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 ..
01 Nov, 2020, 06.54 PM IST
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...
27 Oct, 2020, 01.19 PM IST
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 ...
10 Oct, 2020, 02.33 PM IST
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...
31 Aug, 2020, 07.00 PM IST
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)...
22 Jul, 2020, 05.32 PM IST
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...
26 Jun, 2020, 04.12 PM IST
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.
04 Jun, 2020, 08.46 PM IST
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.
02 Mar, 2020, 03.43 PM IST
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...
21 Jan, 2020, 08.08 AM IST
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...
19 Nov, 2019, 04.37 PM IST
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 ...
22 Aug, 2019, 05.01 PM IST
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.
09 Aug, 2019, 07.25 PM IST
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.
04 Jun, 2019, 07.00 AM IST
Bombay HC asks Kotak to file reply in RBI caseThe RBI had mandated the bank to reduce its promoter shareholding.
02 Apr, 2019, 08.10 AM IST