Dwindling returns on deposits in co-op banks driving customers away: MD
Rajasthan State Cooperative Bank has performed well on almost all the financial parameters in the 2022-23
Source: indiancooperative.com
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Shaktikanta Das | Monetary policy: Reserve Bank of India announces framework for compromise settlements, technical write-offs among lenders
RBI says compromise settlement will mean any negotiated arrangement with borrower to fully settle claims of RE against borrower in cash
Source: telegraphindia.com
RBI permits banks to issue RuPay Prepaid Forex cards
In order to expand payment options for Indians travelling abroad, the Reserve Bank of India on Thursday decided to allow issuance of RuPay Prepaid Forex cards by banks in India for use at ATMs, PoS machines and online merchants overseas. Further, RuPay Debit, Credit, and Prepaid Cards will be
Source: dailypioneer.com
RBI to allow non-bank companies to issue e-RUPI vouchers
Reserve Bank of India Governor Shaktikanta Das announced that now non-bank companies can also issue e-RUPI vouchers. Besides, the RBI also decided to allow the issuance of RuPay Prepaid Forex cards by banks in India.
Source: livemint.com
RBI Permits Banks To Issue Rupay Prepaid Forex Cards
RuPay Debit, Credit, and Prepaid Cards will be enabled for issuance in foreign jurisdictions, which can be used internationally, including in India.
Source: india.com