In the Statement on Developmental and Regulatory Policies, RBI announced that the cash reserve ratio (CRR) of all banks by…
In the Statement on Developmental and Regulatory Policies issued today as part of the Bi-monthly Monetary Policy Statement for 2024-25…
The Reserve Bank of India (RBI) announced its fifth bi-monthly monetary policy for FY25 today, December 6, 2024. The announcement…
The Government of Chhattisgarh on October 23rd, 2024 issued a list of Declaration of Holidays for the Year 2025. The…
On the 22nd of November, 2024, the Government of Jharkhand issued a notification regarding the official holidays for the year…
The Banking Regulation Act, of 1949 empowers the Reserve Bank of India to inspect and supervise commercial banks. These powers…
Audits and inspections are both important activities that help ensure compliance with regulations and protocols, and they can be used…
The RBI on Monday directed banks to immediately reduce the number of inoperative/ Unclaimed Deposits and make activation to facilitate…
The Government of Odisha (earlier known as Orissa) in its circular No. RDM-Reg-MISC-0013-2024-39068 dated 12.11.2024, declared 20 holidays for the…
A contingent liability may be defined as a possible obligation that arises from past events and depends on the outcome…