RBI slaps fine on Standard Chartered Bank

RBI slaps fine on Standard Chartered Bank

The Reserve Bank of India (RBI) has slapped a penalty of Rs 1.95 crore on Standard Chartered Bank fo..

RBI bans auditors Haribhakti & Co for 2 years

RBI bans auditors Haribhakti & Co for 2 years

The Reserve Bank of India (RBI) has banned chartered accountant firm Haribhakti & Co from audi..

PMC Bank resolution at an advanced stage: RBI dpy guv

PMC Bank resolution at an advanced stage: RBI dpy guv

The resolution process for Punjab and Maharashtra Co-operative (PMC) Bank is at an advanced stage, a..

RBI lifts Indian Overseas Bank out of PCA curbs

RBI lifts Indian Overseas Bank out of PCA curbs

The Reserve Bank of India (RBI) has pulled Indian Overseas Bank (IOB) out of the prompt corrective a..

Banks can sell fraud loans to ARCs: RBI

Banks can sell fraud loans to ARCs: RBI

The Reserve Bank of India (RBI) has allowed lenders to sell loans classified as fraud to asset recon..

RBI lifts UCO Bank out of PCA list

RBI lifts UCO Bank out of PCA list

After four years of handcuff, Kolkata-headquartered UCO Bank will have no lending restrictions as it..

RBI slaps fine on 2 co-operative banks

RBI slaps fine on 2 co-operative banks

The Reserve Bank of India (RBI) has slapped a fine of Rs 50 lakh on Bombay Mercantile Co-operative B..

RBI fines Axis Bank for due diligence failure on a customer account

RBI fines Axis Bank for due diligence failure on a customer account

The Reserve Bank of India (RBI) has slapped a fine of Rs 25 lakh on Axis Bank for violation of certa..

RBI penalises Dhanlaxmi Bank

RBI penalises Dhanlaxmi Bank

The Reserve Bank of India (RBI) has imposed a penalty of Rs 27.50 lakh on Kerala-based Dhanlaxmi Ban..

Sandeep Bakhshi gets RBI nod to remain ICICI Bank boss

Sandeep Bakhshi gets RBI nod to remain ICICI Bank boss

Sandeep Bakhshi, who took charge of ICICI Bank after Chanda Kochchar was unceremoniously removed on ..

RBI panel proposes 4-tier structure for urban co-operative banks

RBI panel proposes 4-tier structure for urban co-operative banks

The Reserve Bank of India’s expert committee on urban co-operative banks (UCBs) has proposed a four-..

IBA moves RBI seeking licence to set up bad bank

IBA moves RBI seeking licence to set up bad bank

The Indian Banks' Association (IBA), which is entrusted with the task of setting up a bad bank, has ..

How RBI's new guidelines on bank lockers can impact customers

How RBI's new guidelines on bank lockers can impact customers

If you are looking for a bank locker, get prepared to open a term deposit that would cover three yea..

Post RBI ban lift, HDFC Bank CEO plans aggressive credit card growth

Post RBI ban lift, HDFC Bank CEO plans aggressive credit card growth

HDFC Bank has chalked out aggressive plans to regain market share after the Reserve Bank of India (R..

Small finance banks showing healthy profitability: RBI paper

Small finance banks showing healthy profitability: RBI paper

Small finance banks (SFB), which started in 2017 as a new category of banks, are serving the intende..