EMIs to rise as PNB, ICICI Bank and HDFC raise lending rates

EMIs to rise as PNB, ICICI Bank and HDFC raise lending rates

Banks continue to raise their lending rates in anticipation of further hikes from the Reserve Bank o..

PNB raises RTGS, NEFT charges

PNB raises RTGS, NEFT charges

Punjab National Bank has revised upwards its service charges for RTGS (real time gross settlement) a..

Ex-SBI executive joins NARCL as MD & CEO

Ex-SBI executive joins NARCL as MD & CEO

Former State Bank of India (SBI) deputy managing director and chief credit officer Natarajan Sundar ..

DICGC settles deposit insurance claims of Rs 8,517 cr in FY22

DICGC settles deposit insurance claims of Rs 8,517 cr in FY22

Deposit Insurance and Credit Guarantee Corporation (DICGC), set up to protect the interest of small ..

NBFCs with higher risk appetite pose potential threat to financial stability: RBI

NBFCs with higher risk appetite pose potential threat to financial stability: RBI

Non-banking financial companies (NBFCs) with higher risk appetite pose a potential threat to the cou..

RBI mulls policy framework for fintech

RBI mulls policy framework for fintech

The Reserve Bank of India (RBI) is exploring the introduction of a policy framework for digital bank..

RBI lowers net worth requirement for non-bank Bharat Bill Payment units

RBI lowers net worth requirement for non-bank Bharat Bill Payment units

The Reserve Bank of India (RBI) has reduced to Rs 25 crore the net worth requirement for non-bank en..

India’s forex reserves start climbing again

India’s forex reserves start climbing again

After falling for ten consecutive weeks, India's forex reserves increased by $4.23 billion to $597.5..

RBI’s balance sheet grows 8.46% to Rs 61.9 lakh cr in FY22

RBI’s balance sheet grows 8.46% to Rs 61.9 lakh cr in FY22

The size of the Reserve Bank of India's balance sheet increased by 8.46% to Rs 61,90,302.27 crore as..

Banks need to monitor restructured loans, slippages: RBI

Banks need to monitor restructured loans, slippages: RBI

India's banks should be watchful of the credit behaviour of restructured loans and the possibility o..

RBI adds 65 tonnes of gold in FY22

RBI adds 65 tonnes of gold in FY22

If there is anything that has been a safe asset class during this period of turmoil following the Ru..

RBI to examine medium term debt strategy

RBI to examine medium term debt strategy

A debt management strategy review is in the offing as the Reserve Bank of India (RBI) seeks to make ..

Rs 2,000 currency notes shrink to account for just 1.6% of total circulation: RBI

Rs 2,000 currency notes shrink to account for just 1.6% of total circulation: RBI

India’s highest denomination currency note of Rs 2,000, introduced in November 2016 soon after demon..

Bank frauds rise but value more than halves in FY22: RBI

Bank frauds rise but value more than halves in FY22: RBI

Fraud cases reported by banks and financial institutions increased but in value terms this more than..

RBI cancels licences of 5 NBFCs for violation of lending norms

RBI cancels licences of 5 NBFCs for violation of lending norms

The Reserve Bank of India (RBI) has cancelled certificates of registration of five non-banking finan..