RBI Archives – The Bengal

Reserve Bank of India hosts All India Public Sector Football Tournament 2024-25

August 3, 2024August 3, 2024adminLeave a Comment

Kolkata: Reserve Bank of India (RBI) entered the 90th year of its existence on April 01, 2024. To commemorate this milestone year, RBI is hosting the All India Public Sector Football Tournament – 2024-25 in collaboration with All India Public Sector Sports Control Board (AIPSSCB) from August 3 to 10, 2024 at National Centre of […]

Small Entrepreneurs Forced to Turn to Moneylenders with Exorbitant Interest Rates After RBI Ban on IIFL Gold Loans

July 31, 2024July 31, 2024adminLeave a Comment

Kolkata : The Reserve Bank of India’s (RBI) recent ban on IIFL Finance’s gold loan business has left many small entrepreneurs in West Bengal in dire straits, forcing them to seek loans from moneylenders charging astronomical interest rates of up to 60% per annum. IIFL Finance, which claims to serve sixty lakh customers, primarily small […]