Reserve Bank of India News


RBI Issues Rs 100 Notes with Latest Numbering Pattern

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Reserve Bank of India (RBI) on Thursday it has issued Rs 100 denomination banknotes in the Mahatma Gandhi Series-2005 with a new numbering pattern. “Now, the numerals in the number Both panels of These banknotes will be in ascending size from left to right while the first three alphanumeric characters Will Remain numerical constant in size. Printing the numerals in ascending size is a visible...

The Reserve Bank of India (RBI) Eased Lending Restrictions on UBI

Reserve Bank of India
Kolkata: Reserve Bank of India (RBI) to further relax the restrictions on the United Bank of India, which has hit the bad assets, it can give advances rating lower than ‘triple A’ if it recovers bad loans. Reserve Bank of India The regulator removed some precautions relaxed shoulders and links to state-owned lender’s ability to cash recoveries from non-performing loans, three senior...