Banking stress
Bangladesh’s banking system is living through its most severe stress test since independence.
Bangladesh’s banking system is living through its most severe stress test since independence.
A seminar on Banking System and the Utility of Translation, and Hindi Computing Tools & Kanthasth-2.0 was organised under the joint aegis of SBI, LHO and TOLIC (Bank), Kolkata on Wednesday.
RBI will buy government bonds worth Rs 60,000 crore in three tranches and conduct a 56-day variable rate repo auction worth Rs 50,000 crore on Feb 7, it said in a statement.
The total value of Rs 2000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023, has declined to Rs 7,581 crore at the close of business on June 28, 2024.
Reserve Bank of India’s six-member Monetary Policy Committee decision to keep the repo rate unchanged at four per cent is a step in the right direction, especially when it is borne in mind that inflation is now on the rise.
The unclaimed deposits rose to Rs 11,494 crore in 2017 from Rs 8,928 crore in 2016, Finance Minister Nirmala Sitharaman said in a written reply to the Lok Sabha.
The remarks come a day after former RBI Governor Raghuram Rajan blamed the indirect taxation reform for derailing India's growth story.
The information was provided by the RBI's Department of Currency Management, an official told PTI.
International banking provides the opportunity to work on a variety of concepts, practices and procedures, providing great professional exposure.
With ATMs suddenly running dry in several states, Congress President Rahul Gandhi on Tuesday slammed Prime Minister Narendra Modi for…
