Chandra Devi, 53, holds up a loan slip, its creases more prominent than its text. It states that she borrowed a loan of ₹35,000, allegedly from RBL Bank, a private sector institution, in May 2024. “I have to repay the…
Tag: reserve bank of india

Senior citizen duped of life savings of ₹53 lakh by fraudster posing as Delhi Police DCP
A 77-year-old man from Ameerpet was conned out of ₹53 lakh in a cyber fraud involving a fake money laundering investigation and impersonation of a senior police officer. The cybercrime wing of the Hyderabad Police booked a case and initiated…
Civilisation and its discontents – The Hindu
Archaeological excavations in progress at Keeladi in Tamil Nadu’s Sivaganga district. File | Photo Credit: The Hindu Civilisation and culture are deeply entwined in the identity of any society and attempts to reinterpret or regulate them often invite political consequences.…
Where does the RBI’s surplus come from? | Explained
The story so far: Putting an end to much speculation, the Reserve Bank of India’s Central Board on Friday (May 23, 2025) announced that it had decided to transfer ₹2.69 lakh crore to the Central government as a surplus for…
Trump tax on remittances could hurt India, but flows from other countries might limit damage
U.S. President Donald Trump signs a document in the Oval Office at the White House in Washington, U.S. File photo | Photo Credit: REUTERS A proposal by the Donald Trump administration to levy a 5% tax on remittances to other…
Reserve Bank of India receives bomb threat, probe under way
File picture of security personnel beside a logo of Reserve Bank of India outside RBI Headquarters in Mumbai on Friday. | Photo Credit: Emmanual Yogini The Reserve Bank of India (RBI) in Mumbai received a bomb threat email on Friday…