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DD News Misquotes RBI Governor On Vaccine Availability For All
Fact Check

DD News Misquotes RBI Governor On Vaccine Availability For All

The RBI Governor did not say that vaccines will be available for all in 2022; but was quoting an estimate of the IMF

5 May 2021 7:44 AM GMT
CitiBank To Exit Consumer Banking In India: All You Need To Know
Explainers

CitiBank To Exit Consumer Banking In India: All You Need To Know

No immediate service disruptions expected as it will continue to serve all its existing customers

16 April 2021 12:15 PM GMT
IMF Upgrades Indias Growth Projections To 12.5% In FY22 In Latest WEO
Explainers

IMF Upgrades India's Growth Projections To 12.5% In FY22 In Latest WEO

India will grow 12.5% in FY22 after contracting by 8% in FY21, even though the pandemic is yet to subside, says IMF.

6 April 2021 3:37 PM GMT
RBI Extends Auto Debit Rules By Six Months: What It Means For You
Explainers

RBI Extends Auto Debit Rules By Six Months: What It Means For You

Noting that many stakeholders are yet to migrate to a AFA framework, the RBI has now extended this deadline to Sept 30

31 March 2021 2:59 PM GMT
Bank Holidays: Services Available For 2 Days From March 27 To April 4
Explainers

Bank Holidays: Services Available For 2 Days From March 27 To April 4

Services in most private and public sector banks across India will be available for only two days between March 27 and...

26 March 2021 7:29 AM GMT
Were Axis, HDFC Bank, ICICI Bank PSUs Before Privatisation? A FactCheck
Fact Check

Were Axis, HDFC Bank, ICICI Bank PSUs Before Privatisation? A

The viral post presents an oversimplified history of these banks, stating that they were publicly owned and later...

24 March 2021 3:08 PM GMT
Supreme Court Waives Interest on Interest For Loans During Pandemic
Law

Supreme Court Waives Interest on Interest For Loans During Pandemic

SC held that any amount collected as compound interest shall either be refunded or adjusted in lieu of pending...

23 March 2021 8:07 AM GMT
Explained: IDBI Bank Exiting The PCA And What It Means
Explainers

Explained: IDBI Bank Exiting The PCA And What It Means

The bank's removal from the PCA framework was conveyed through an RBI notification on March 10 after nearly 4 years in...

12 March 2021 12:21 PM GMT
Explained: What Is A Bad Bank, How It Has Been Used Around The World
Explainers

Explained: What Is A Bad Bank, How It Has Been Used Around The World

Bad banks have gained steam since being announced in the budget, but have been used in great measure abroad since 1988.

3 March 2021 8:28 AM GMT
GDP Growth At 0.4% In Q3, Economy To Still Contract By 8% In FY21
Explainers

GDP Growth At 0.4% In Q3, Economy To Still Contract By 8% In FY21

Quarterly, while the economy has regained its path of growth, the economy is still expected to contract a revised 8%.

26 Feb 2021 1:05 PM GMT
Jack Dorsey, Jay-Z Name India-Focused Bitcoin Fund Before Possible Ban
Explainers

Jack Dorsey, Jay-Z Name India-Focused Bitcoin Fund Before Possible Ban

The fund is initially focused on Africa and India, comes at a time of regulatory uncertainty around cryptocurrencies

14 Feb 2021 3:30 AM GMT
RBI Denies Media Reports On Withdrawal Of ₹100, ₹10 And ₹5 Banknotes
Fact Check

RBI Denies Media Reports On Withdrawal Of ₹100, ₹10 And ₹5 Banknotes

The clarification by the Twitter handle of the RBI follows a weekend frenzy of another demonetisation.

25 Jan 2021 1:05 PM GMT