97.69 Pc Of Rs 2000 Currency Notes Returned: RBI

97.69 Pc Of Rs 2000 Currency Notes Returned: RBI

New Delhi: The Reserve Bank of India (RBI) on Monday said nearly 97.69 per cent of the Rs 2000 denomination bank notes have returned to the banking system, and only Rs 8,202 crore worth of the withdrawn notes are still with the public. On May 19, 2023, the RBI …

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RBI Imposes Rs 6 Lakh Penalty On The Mandi Cooperative Bank: Heres Why

RBI Imposes Rs 6 Lakh Penalty On The Mandi Cooperative Bank: Heres Why

New Delhi: The Reserve Bank of India on Wednesday imposed a Rs 6 lakh fine on Himachal Pradesh’s The Mandi Cooperative Bank for breaching prudential inter-bank exposure limits in FY22.The Mandi-headquartered bank was found to be breaching certain limits, warranting the imposition of the monetary penalty, as per an official statement. …

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