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Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI may conduct OMO this week to ease liquidity, say bankers

Nearly Rs 50,000-60,000 crore of additional liquidity will go out of the system due to advance tax payments.

9 Sept 2018 1:25 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Lower lending rates to cushion demonetisation

Banks have started lowering their lending rates as demonetisation has led to a surge in deposits.

2 Jan 2017 3:38 PM IST