ATM cash withdrawal charges to increase from 1 January

ATM cash withdrawal charges to increase from 1 January

Withdrawals from ATMs beyond the free transaction limit will cost more from 1 January.The Reserve Ba..

How Troubled is RBL Bank?

How Troubled is RBL Bank?

In the final week preceding the New Year, there is new worry about the health of a bank. After Yes B..

Regulatory action and management changes at RBL Bank on Xmas day

Regulatory action and management changes at RBL Bank on Xmas day

The Reserve Bank of India appointed an additional director on the board of private sector lender RBL..

RBI fines One Mobikwik, Spice Money

RBI fines One Mobikwik, Spice Money

The Reserve Bank of India (RBI) has slapped a fine of Rs 1 crore each on two payment system operator..

Govt for faster resolution, proposes changes in IBC

Govt for faster resolution, proposes changes in IBC

The resolution of toxic loans may get speedier. The ministry of corporate affairs (MCA) has proposed..

RBI extends card tokenisation deadline by six months

RBI extends card tokenisation deadline by six months

The Reserve Bank of India (RBI) has extended the deadline to comply with new rules for card storage ..

Policy support needed amid uncertainty: RBI Guv

Policy support needed amid uncertainty: RBI Guv

The Reserve Bank of India (RBI) will continue its policy support to push forward a durable, broad-ba..

Banks need additional $70bn to support $5-tn economy: SBI chairman

Banks need additional $70bn to support $5-tn economy: SBI chairman

Though well-capitalised, the banking system will require fresh capital of $70 billion to support Ind..

Two-day bank strike ends

Two-day bank strike ends

The two-day nationwide bank strike has ended with the threat that more is to follow if the governmen..

PMC depositors pick holes in RBI’s amalgamation scheme

PMC depositors pick holes in RBI’s amalgamation scheme

The depositors of fraud-hit Punjab and Maharashtra Co-operative (PMC) Bank want their money to be pa..

RBI introduces PCA norms for NBFCs

RBI introduces PCA norms for NBFCs

The Reserve Bank of India (RBI) has introduced a prompt corrective action (PCA) framework for non-ba..

RBI fines Punjab National Bank, ICICI Bank

RBI fines Punjab National Bank, ICICI Bank

The Reserve Bank of India (RBI) has fined two leading banks for violating regulatory compliances. Wh..

Inflation needs more RBI attention

Inflation needs more RBI attention

The coronavirus pandemic has pushed the Reserve Bank of India (RBI) into a corner. While the central..

Bank of Maharashtra slashes home loan rate to all-time low of 6.4%

Bank of Maharashtra slashes home loan rate to all-time low of 6.4%

Bank of Maharashtra has cut the interest rate on home loans to its lowest ever even as it targets gr..

RBI holds rates with eye on growth

RBI holds rates with eye on growth

The Reserve Bank of India (RBI) has left untouched the key lending rate, or the repo rate, at 4% for..