SBI MF gets RBI nod to acquire 9.99% stake in IndusInd Bank

SBI MF gets RBI nod to acquire 9.99% stake in IndusInd Bank

The Reserve Bank of India (RBI) has given approval to SBI Mutual Fund to acquire up to 9.99% stake i..

RBI directs Bank of Baroda to stop onboarding new customers on ‘bob world’

RBI directs Bank of Baroda to stop onboarding new customers on ‘bob world’

The Reserve Bank of India (RBI) has directed Bank of Baroda to stop onboarding new customers on its ..

RBI’s open market operations decision jolts bond market

RBI’s open market operations decision jolts bond market

The bond market shook up after the Reserve Bank of India (RBI) on Friday said it may conduct open ma..

RBI keeps repo rate same; liquidity to be tight amid inflation concerns

RBI keeps repo rate same; liquidity to be tight amid inflation concerns

The Reserve Bank of India (RBI) has kept the benchmark repo rate unchanged at 6.50% for the fourth t..

RBI warns against rising personal loans once again

RBI warns against rising personal loans once again

Personal loans extended by banks and non-banking financial companies (NBFCs), which have seen a risi..

Financial household savings on the rise, says RBI deputy governor

Financial household savings on the rise, says RBI deputy governor

Even as media reported that the net financial savings of households  plummeted to a five-decade..

Read Full Text of RBI Governor’s monetary policy speech

Read Full Text of RBI Governor’s monetary policy speech

While the repo rate is unchanged at 6.5%, RBI Governor Shaktikanta Das has signalled that liquidity ..

RBI doubles gold loan limit for urban co-operative banks

RBI doubles gold loan limit for urban co-operative banks

The Reserve Bank of India (RBI) has allowed certain urban co-operative banks to double the lending l..

Rs 12,000 crore of Rs 2,000 notes yet to return: RBI Guv

Rs 12,000 crore of Rs 2,000 notes yet to return: RBI Guv

The Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said 87% of the Rs 2,000 denomina..

RBI appoints Muneesh Kapur as executive director

RBI appoints Muneesh Kapur as executive director

Muneesh Kapur has been appointed as executive director of the Reserve Bank of India (RBI), with effe..

RBI onboards 30 banks on UDGAM portal for unclaimed deposits

RBI onboards 30 banks on UDGAM portal for unclaimed deposits

The Reserve Bank of India (RBI) Thursday said that 30 banks have been onboarded on the UDGAM (Unclai..

RBI penalises four co-operative banks

RBI penalises four co-operative banks

The Reserve Bank of India (RBI) has fined four co-operative banks for rule violations. The name..

RBI sets up external working group on ECL provisioning by banks

RBI sets up external working group on ECL provisioning by banks

The Reserve Bank of India (RBI) has set up an external working group on expected credit loss (ECL) b..

RBI cancels licence of Lucknow Urban Co-operative Bank

RBI cancels licence of Lucknow Urban Co-operative Bank

The Reserve Bank of India (RBI) has cancelled the banking licence of Lucknow Urban Co-operative Bank..

IFC gets RBI nod to acquire 9.7% stake in Federal Bank

IFC gets RBI nod to acquire 9.7% stake in Federal Bank

The Reserve Bank of India (RBI) has given approval to International Finance Corporation (IFC) to acq..