Bengaluru: A day after Reserve Bank of India (RBI) cautioned Karnataka and other States against “jumping onto the farm-loan waiver bandwagon, by observing that loan waivers impact credit discipline and vitiates credit culture”, the State Government today announced that it will waive off loans taken by small and medium farmers from Co-operative and Agricultural banks….
Bengaluru: The Reserve Bank of India (RBI) has warned that if Nationalised and Cooperative Banks waive of farmers’ loans, the day is not far off when Banks will go bankrupt. RBI Governor Urjit Patel has written letters to the Chief Ministers of all States in this regard, expressing his displeasure and said that banks continuing…
The Reserve Bank of India (RBI) puts into circulation coins minted by the Government of India. These coins have distinctive features. Coins in new denominations to meet transaction needs of public and coins in new designs to reflect various themes — economic, social and cultural — are introduced from time to time. As coins remain…
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