RBI to defend rupee against jerky movements: Deputy Guv Patra

RBI to defend rupee against jerky movements: Deputy Guv Patra

The Reserve Bank of India (RBI) is intervening in the market to defend the rupee and will not allow ..

Canara Bank launches special FD scheme

Canara Bank launches special FD scheme

Canara Bank, India’s third-largest public sector bank, has introduced a special fixed deposit scheme..

Canara Bank board approves capital raise of Rs 9,000 cr in FY23

Canara Bank board approves capital raise of Rs 9,000 cr in FY23

The board of Canara Bank on 24 June approved a Rs 9,000 crore capital raising plan through a combina..

NBFCs need to diversify risks across sectors: Rajnish Kumar

NBFCs need to diversify risks across sectors: Rajnish Kumar

Former State Bank of India (SBI) chairman Rajnish Kumar has a word of caution for non-banking financ..

High inflation a major concern, says RBI Guv in MPC meeting

High inflation a major concern, says RBI Guv in MPC meeting

Inflationary pressures continue to worry members of the Reserve Bank of India’s Monetary Policy Comm..

RBI gives banks, NBFCs 3 more months to implement card rules

RBI gives banks, NBFCs 3 more months to implement card rules

The Reserve Bank of India (RBI) has given banks and NBFCs three more months to implement three provi..

RBI disallows non-banks from loading credit lines on prepaid payment instruments

RBI disallows non-banks from loading credit lines on prepaid payment instruments

The Reserve Bank of India (RBI) has disallowed non-bank pre-paid wallets and pre-paid cards from loa..

DBS Bank acquires 9.9% stake in NBFC Svakarma Finance

DBS Bank acquires 9.9% stake in NBFC Svakarma Finance

DBS Bank India has acquired a 9.9% stake in Svakarma Finance, a micro business-focused non-banking f..

Banks stare at MTM losses on bond holdings, consider approaching RBI

Banks stare at MTM losses on bond holdings, consider approaching RBI

Staring at huge losses from treasury operations, banks are planning to approach the Reserve Bank of ..

RBI to take strict action against strong-arm tactics of recovery agents: Governor Das

RBI to take strict action against strong-arm tactics of recovery agents: Governor Das

The Reserve Bank of India (RBI) will take strict action against regulated entities who resort to str..

RBI rejects digital-only banks proposal

RBI rejects digital-only banks proposal

The Reserve Bank of India (RBI) has rejected the idea of digital-only banks as the model poses risks..

RBI lifts restrictions on Mastercard

RBI lifts restrictions on Mastercard

The Reserve Bank of India (RBI) on Thursday said it lifted business restrictions imposed on Masterca..

SBI increases deposit, lending rates

SBI increases deposit, lending rates

A little less than a week after the Reserve bank of India (RBI) raised the repo rate by 50 basis poi..

Banks flouting lending norms to govt-owned entities: RBI

Banks flouting lending norms to govt-owned entities: RBI

The Reserve Bank of India (RBI) has found instances of banks flouting the regulator’s norms when it ..

Rupee sinks to life-time low, inflation at 7.04%

Rupee sinks to life-time low, inflation at 7.04%

The Indian rupee plunged to an all-time low against the US dollar on Monday, breaching the 78-mark f..