While RBI has never made any such claims in the recent past, the WhatsApp messages allege to be an important update from the RBI.
This is the second successive year that RBI will transfer the interim surplus to the government.
According to sources, RBI imposed monetary penalty of Rs 1 cr against Bank Of Baroda, State Bank Of India, Union Bank of India and penalty of Rs 2 cr against Corporation Bank.
The book is about the three pillars - state, markets and community - that support society and how the right balance among them can be restored so that society prospers.
The Rs 10 coin carries the portrait of Shrimad Rajchandra in the centre. The coin was minted to commemorate the 150th birth anniversary of Shrimad Rajchandra.
The State Bank of India on Friday reduced the interest rate by five basis points on home loans up to Rs 30 lakh.
The key Indian equity indices traded in the green on Thursday afternoon after the Reserve Bank of India (RBI) announced a rate cut of 25 basis points.
The Reserve Bank of India (RBI) Thursday raised the limit of collateral-free agricultural loans to Rs 1.6 lakh from the current Rs 1 lakh with a view to help small and marginal farmers.
The Reserve Bank of India (RBI) on Thursday cut the repo rate by 25 basis points to 6.25 per cent in its monetary policy.
However, the exercise of the greenshoe option within one or more securities in an auction will be within the overall notified amount for the auction, it said.
Benchmark indices started on a choppy note Tuesday as investors turned cautious amid selling by domestic and foreign funds ahead of RBI's monetary policy review.
A man was killed and three others were injured after their motorcycle was hit by a truck at Yusufpur village here, police said Tuesday.
The rupee Monday depreciated by 48 paise to 71.73 in early trade on the forex market ahead of the Reserve Bank of India's policy review meet and lower opening in domestic equity market.
A research report of DBS Economics said it would be a "tricky monetary policy path for RBI" as the government projected fiscal slippage in the Budget.
The issue price of the Bond during this period will be three thousand three hundred twenty-six rupees per gram with the settlement date of 1st of February.
Asian share moved up marginally after the Wall Street ended higher. However, there was nervousness as investors await new developments on US-China trade talks.
The annual rate of inflation, based on monthly Wholesale Price Index (WPI), stood at 3.80% (provisional) for the month of December, 2018 as compared to 4.64% in December, 2017.
Vegetables, too, saw deflation at 17.55 per cent in December, compared to 26.98 per cent in the previous month.