Fino Payments Bank gets RBI nod for cross-border remittances

Fino Payments Bank gets RBI nod for cross-border remittances

Fino Payments Bank has received approval from the Reserve Bank of India (RBI) to commence internatio..

RBI extends restrictions on PMC Bank till end-March

RBI extends restrictions on PMC Bank till end-March

The restrictions on Punjab and Maharashtra Co-operative (PMC) Bank will continue for another three m..

RBI’s report card on banking frauds in H1 of FY22

RBI’s report card on banking frauds in H1 of FY22

The number of fraud cases in banking operations has increased while its value has fallen during the ..

Gross NPAs of banks may swell to 9.5% by September 2022: RBI

Gross NPAs of banks may swell to 9.5% by September 2022: RBI

The gross non-performing assets (NPAs) of banks may swell to 9.5% in September 2022 from 6.9% in Sep..

RBI’s assurances and how brokerages look at RBL Bank’s new twist

RBI’s assurances and how brokerages look at RBL Bank’s new twist

Concerned about the possible flight of deposits after the unfolding of dramatic events at RBL Bank, ..

RBI gives nod to re-designate Rajiv Anand as Axis Bank deputy MD

RBI gives nod to re-designate Rajiv Anand as Axis Bank deputy MD

The Reserve Bank of India (RBI) has given its nod to re-designation Rajiv Anand as the deputy managi..

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..

Paytm gets RBI nod to function as scheduled payments bank

Paytm gets RBI nod to function as scheduled payments bank

Payments Bank Limited (PPBL), a unit of leading digital payments firm Paytm, has got the Reserve Ban..

LIC gets RBI nod to up stake in Kotak Mahindra Bank

LIC gets RBI nod to up stake in Kotak Mahindra Bank

The Reserve Bank of India (RBI) has allowed Life Insurance Corporation of India (LIC) to increase it..

RBI silent on corporate entry into banking

RBI silent on corporate entry into banking

The Reserve Bank of India (RBI) is yet to take a view on the entry of corporates into the banking sp..

RBI unveils draft scheme for PMC Bank; depositors to get full amount over 10 years

RBI unveils draft scheme for PMC Bank; depositors to get full amount over 10 years

PMC Bank depositors of above Rs 5 lakh will get back their full amount but over a period of 10 years..

RBI tightens NPA upgradation norms for banks

RBI tightens NPA upgradation norms for banks

The Reserve Bank of India (RBI) has directed banks not to upgrade non-performing assets (NPAs) as ‘s..

RBI lifts ban on Diners Club to onboard new customers

RBI lifts ban on Diners Club to onboard new customers

The Reserve Bank of India (RBI) has lifted the ban imposed on Diners Club International from onboard..

RBI revises PCA norms for banks

RBI revises PCA norms for banks

The Reserve Bank of India (RBI) has dropped profitability from the list of criteria for putting bank..

RBI eases current account openings for bank borrowers

RBI eases current account openings for bank borrowers

For borrowers with bank exposure of less than Rs 5 crore, there will be no restriction on the openin..