Latest News on Rbi Circular
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Rbi Circular - Total results - 8
Mar 04, 2020
SC lifts total ban on cryptocurrency trade; quashes 2018 RBI circular banning banks from providing servicesAccording to the 6 April 2018 circular, the entities regulated by the RBI are prohibited from "providing any service in relation to virtual currencies.
Jan 23, 2020
Cryptocurrency transactions opposed to protect integrity of banking system; no formal ban issued: RBI tells SCThe RBI said it had not banned cryptocurrencies such as Bitcoin in India, but only ringfenced regulated entities like banks from risks involved in the trading of virtual instruments.
Apr 20, 2019
Jet Airways employees seek President Ram Nath Kovind's intervention for salary dues, emergency fundsCash-starved Jet Airways, which has around 23,000 employees, has delayed payment of salaries to the employees, including pilots.
Apr 17, 2019
Jet Airways suspends all operations temporarily; cash-strapped airline was unable to get emergency fundsJet Airways is flying its last flight tonight as it temporarily shuts down operations, according to a company statement
Apr 03, 2019
Supreme Court order on NPAs: Power firms body heaves a sigh of relief, says ruling will give flexibility to restructure debtThe apex court quashed the RBI circular of 12 February, 2018, that made it mandatory for banks to recognize even a one-day default by the borrowers
Apr 02, 2019
Supreme Court strikes down RBI's 12 February circular on bankruptcy proceedings, declares it illegalLast month, the RBI had maintained that there was no dilution in its stand with regard to 12 February circular on stressed assets recognition and resolution.
Feb 19, 2019
NPA issue: Will RBI's 12 February circular help expedite bad loan recovery? Signs indicate it is on right pathThis smorgasbord of schemes didn’t even dent the NPA problem. The mountain just kept piling up until it reached 11 percent of total bank assets.
Dec 11, 2018
Urjit Patel resignation: Reticent but independent-minded RBI governor who found his voiceUrjit Patel's resignation came just days ahead of the 14 December meeting of the board of RBI that was to take up issues like governance in the central bank.