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Flagging farm loan waivers, cash transfers & other sops, RBI says rationalise subsidies
Credit: IndiaTimes- Published on December 19, 2024
The Reserve Bank of India expressed concerns over states' rising spending on subsidies like farm loan waivers and freebies, impacting funds for infrastructure and development. State subsidies have surged, with revenue expenditure exceeding capital outlay in several states. While overall fiscal consolidation efforts are positive,...
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Reserve Bank of India
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Poonam Gupta has been appointed as the new Deputy Governor of the Reserve Bank of India (RBI). She replaces MD Patra, who left office in January
Credit: DNA - Published 14 hours ago
Tamil Nadu Chief Minister MK Stalin criticizes RBI's decision to allow banks to increase ATM withdrawal charges beyond the free monthly limits, calling it..
Credit: IndiaTimes - Published 5 days ago
RBI allows banks to increase ATM withdrawal charges from Rs 21 to Rs 23 per transaction beyond free limits starting May 1, 2025.
Credit: DNA - Published 1 week ago
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