RBI fines Standard Chartered Bank

RBI fines Standard Chartered Bank

The Reserve Bank of India has imposed a penalty of Rs 2 crore on Standard Chartered Bank-India for d..

RBI slaps Rs 2 cr penalty on Deutsche Bank

RBI slaps Rs 2 cr penalty on Deutsche Bank

The Reserve Bank of India has slapped a fine of Rs 2 crore on Deutsche Bank AG for violating deposit..

Shivalik Bank gets RBI licence to operate as small finance bank

Shivalik Bank gets RBI licence to operate as small finance bank

Shivalik Mercantile Co-operative Bank (SMCB) has become the first urban cooperative bank (UCB) in In..

RBI looking into SBI's mobile banking outages

RBI looking into SBI's mobile banking outages

The Reserve Bank of India (RBI) is looking into the frequent disruptions in service suffered by user..

Bank chief executives weigh RBI's monetary policy

Bank chief executives weigh RBI's monetary policy

Chief executives of banks are having to walk a tightrope as the Indian economy struggles to bounce b..

Allowing corporates to own banks is a panel report, not RBI view: Guv Shaktikanta Das

Allowing corporates to own banks is a panel report, not RBI view: Guv Shaktikanta Das

The Reserve Bank of India has yet to form a view on an internal panel's recommendation of allowing c..

RBI directs HDFC Bank to halt issue of credit cards, digital launches

RBI directs HDFC Bank to halt issue of credit cards, digital launches

The Reserve Bank of India has asked HDFC Bank to temporarily halt all launches of its digital busine..

Bank credit growth decelerates to 5.8% in Sep quarter: RBI data

Bank credit growth decelerates to 5.8% in Sep quarter: RBI data

Bank credit growth has decelerated to 5.8% in the Sep quarter from 8.9% in the year-ago period, acco..

Large NBFCs can convert into banks: RBI panel

Large NBFCs can convert into banks: RBI panel

The RBI internal working group suggests that well-run large non-banking financial companies (NBFCs),..

RBI panel proposes upping promoter cap in private banks to 26%

RBI panel proposes upping promoter cap in private banks to 26%

After allowing Kotak Mahindra Bank to retain its promoter holding at 26%, the Reserve Bank of India'..

Payments banks can convert to small finance banks: RBI panel

Payments banks can convert to small finance banks: RBI panel

Reserve Bank of India's internal working group has recommended that payments banks can convert to a ..

RBI panel paves way for entry of large corporate houses into banks

RBI panel paves way for entry of large corporate houses into banks

The Reserve Bank of India (RBI) may be finally opening up the banking sector to large industrial hou..

RBI sets withdrawal cap of Rs 5 lakh for Lakshmi Vilas Bank depositors

RBI sets withdrawal cap of Rs 5 lakh for Lakshmi Vilas Bank depositors

The Reserve bank of India (RBI) has allowed depositors of Chennai-based Lakshmi Vilas Bank (LVB) to ..

DBS to rescue Lakshmi Vilas Bank; RBI imposes moratorium

DBS to rescue Lakshmi Vilas Bank; RBI imposes moratorium

After a tumultuous year, the Reserve Bank of India (RBI) imposed a one-month moratorium on Lakshmi V..

NBFCs should have incentives to convert into banks: RBI Dy Guv

NBFCs should have incentives to convert into banks: RBI Dy Guv

Non-banking financial companies (NBFCs) should have incentives either to convert into a commercial b..