Stay updated with breaking news from Master Circular. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Minister of State, Dr Bhagwat Karad pointed that these banks collected over Rs 21,000 crore on account of non-maintenance of minimum balance, while over Rs 8,000 was generated due to additional ATM transactions, and SMS services added over Rs 6,000 crore.
The Reliance Asset Reconstruction Company (RARC), a subsidiary of Reliance Capital Ltd., has challenged the Reserve Bank of India's Master Circular on the Swiss Challenge Mechanism as being discriminatory, unjust and arbitrary.
Of this, Rs 21,044 crore was penal charges for non-maintenance of minimum balance
For a conscious ecosystem, transparent and reliable disclosure is just the start; fine-tuning ESG rating practices is vital.
Markets regulator, SEBI has clarified that there is no proposal to curb retail participation in derivative markets.The clarification came after some media articles speculated that SEBI was seeking to curb retail participation in derivative ...