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Month: February 2019

RBI approves Amalgamation of DBS Bank Ltd., India with DBS Bank India Limited

The Reserve Bank of India has sanctioned the Scheme of Amalgamation of the entire undertaking of DBS Bank Ltd., India with DBS Bank India Limited which has been granted licence by the Reserve Bank to carry on the business of banking in India through Wholly Owned Subsidiary (WOS) Mode under section 22(1) of the Banking Regulation Act, 1949.

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RBI Working Paper No. 01/2019: Inflation Expectations of Households: Do They Influence Wage-Price Dynamics in India?

The Reserve Bank of India today placed on its website a Working Paper titled “Inflation Expectations of Households: Do They Influence Wage-Price Dynamics in India?” under the Reserve Bank of India Working Paper Series*. The Paper is authored by Sitikantha Pattanaik, Silu Muduli, and Soumyajit Ray.

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उंगली के ‘खेल’ से बैंक से ठगे ₹1.5 लाख

गुजरात के सूरत में एक शख्स को एटीएम से छेड़छाड़ कर 1.54 लाख रुपये की धोखाधड़ी के आरोप में गिरफ्तार किया गया है। पुलिस गिरफ्तार आरोपी से इस मामले में पूछताछ कर रही है।

from The Navbharattimes https://ift.tt/2GQi2CU… Read More... “उंगली के ‘खेल’ से बैंक से ठगे ₹1.5 लाख”

RBI releases ‘Quarterly Statistics on Deposits and Credit of SCBs: December 2018’

Today, the Reserve Bank released its web publication entitled Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks (SCBs), December 2018 on its Database on Indian Economy (DBIE) portal (web-link: https://dbie.rbi.org.in/DBIE/dbie.rbi?site=publications#!3). Data on deposits, disaggregated by type and total credit are classified by states, districts, centres, population groups and bank groups, are collected from all SCBs, including regional rural banks (RRBs) and small finance banks (SFBs), under the basic statistical return (BSR) – 7 system.

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Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) – The CKP Co-operative Bank Ltd, Mumbai, Maharashtra

The CKP Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions vide directive dated April 30, 2014, from close of business on May 2, 2014. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive dated November 27, 2018 and was valid upto February 28, 2019 subject to review.

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