India’s retail inflation eases to 6.83% in August

India’s retail inflation eases to 6.83% in August

Retail inflation eased to 6.83% in August after touching a 15-month high of 7.44% in July, mainly du..

RBI revises norms on bank investment portfolio

RBI revises norms on bank investment portfolio

The Reserve Bank of India (RBI) has revised the norms governing the investment portfolio of banks.Ef..

Bank of Maharashtra plans to raise Rs 1,500 cr via bonds to fund growth

Bank of Maharashtra plans to raise Rs 1,500 cr via bonds to fund growth

Bank of Maharashtra plans to raise Rs 1,500 crore via bonds to fund its business growth.The state-ow..

Sandeep Bakhshi gets RBI nod to head ICICI Bank for 3 more years

Sandeep Bakhshi gets RBI nod to head ICICI Bank for 3 more years

The Reserve Bank of India (RBI) has approved the reappointment of Sandeep Bakhshi as the managing di..

ICICI Bank gets RBI nod to make I-Process wholly owned subsidiary

ICICI Bank gets RBI nod to make I-Process wholly owned subsidiary

The Reserve Bank of India (RBI) has given approval to ICICI Bank to make I-Process Services (India) ..

RBI starts phasing out incremental CRR to provide banks liquidity

RBI starts phasing out incremental CRR to provide banks liquidity

The Reserve Bank of India (RBI) Friday said it will gradually phase out incremental cash reserve rat..

Dipak Gupta gets RBI nod to be interim CEO of Kotak Mahindra Bank

Dipak Gupta gets RBI nod to be interim CEO of Kotak Mahindra Bank

The Reserve Bank of India (RBI) has approved the appointment of Dipak Gupta as interim managing dire..

RBI mulls handing over frictionless credit platform to private firm

RBI mulls handing over frictionless credit platform to private firm

After launching a public tech platform last month for frictionless credit delivery, the Reserve Bank..

Fintechs need to set up self-regulatory body: RBI Guv

Fintechs need to set up self-regulatory body: RBI Guv

Fintech companies should set up a self-regulatory body within a year for an orderly growth of the in..

RBI set to introduce CBDC in call money market

RBI set to introduce CBDC in call money market

The Reserve Bank of India is planning to introduce wholesale a central bank digital currency (CBDC) ..

YONO evolving into a digital bank within the bank: SBI chairman

YONO evolving into a digital bank within the bank: SBI chairman

YONO generates a quarterly fee income of Rs 100 crore and has the potential to have a Rs 30,000 cror..

CBDCs can make cross-border payments efficient: RBI Guv

CBDCs can make cross-border payments efficient: RBI Guv

The adoption of Central Bank Digital Currency (CBDC), or digital currency, can make cross-border pay..

Govt invites bids to engage asset valuer for sale of IDBI Bank

Govt invites bids to engage asset valuer for sale of IDBI Bank

Seeking to sell a majority stake, the government has invited bids to engage an asset valuer for the ..

RBI allows pre-sanctioned credit lines through UPI

RBI allows pre-sanctioned credit lines through UPI

Expanding the scope of the UPI, the Reserve Bank of India on Monday said the payments interface syst..

FSIB recommends Vinay Tonse for MD post in SBI

FSIB recommends Vinay Tonse for MD post in SBI

Vinay M Tonse is set to become the managing director of the State Bank of India (SBI).The Financial ..