Govt, RBI discussing cross-border rupee trade with South Asian nations

Govt, RBI discussing cross-border rupee trade with South Asian nations

The government and the central bank are in discussion with South Asian countries to have cross-borde..

RBI details process for re-KYC

RBI details process for re-KYC

Bank customers need to update their KYC by furnishing a fresh KYC (know your customer) or re-KYC in ..

RBI lifts restrictions on Mahindra Finance

RBI lifts restrictions on Mahindra Finance

The Reserve Bank of India (RBI) has lifted the ban on Mahindra & Mahindra Financial Services (M&..

SBI, ICICI Bank, HDFC Bank remain systemically important banks: RBI

SBI, ICICI Bank, HDFC Bank remain systemically important banks: RBI

The Reserve Bank of India (RBI) continues to categorise State Bank of India (SBI), ICICI Bank and HD..

Gross NPA ratio falls to 7-year low: RBI

Gross NPA ratio falls to 7-year low: RBI

The gross non-performing assets (NPAs) of commercial banks dropped to a seven-year low of 5% and the..

Retail loans can become a systemic risk, cautions RBI

Retail loans can become a systemic risk, cautions RBI

Retail loans, which had grown exponentially while corporate credit stayed muted in the last couple o..

Banking fraud cases up, value down: RBI

Banking fraud cases up, value down: RBI

Banking fraud incidents have increased but the amount involved have more than halved in FY2021-22, t..

RBI asks banks to monitor slippages

RBI asks banks to monitor slippages

The Reserve Bank of India (RBI) has asked banks to monitor slippages in their restructured assets ev..

Payment system operators to report fraud on RBI’s DAKSH from 1 Jan

Payment system operators to report fraud on RBI’s DAKSH from 1 Jan

Reserve Bank of India on Monday said the fraud reporting module will be migrated to DAKSH from 1 Jan..

Govt, RBI take steps against Chinese loan apps

Govt, RBI take steps against Chinese loan apps

Government departments and the Reserve Bank of India (RBI) are taking coordinated steps to check Chi..

RBI shortlists 7 firms to use AI to improve regulatory supervision

RBI shortlists 7 firms to use AI to improve regulatory supervision

The Reserve Bank has shortlisted seven global consultancy firms to use artificial intelligence and m..

RBI hikes repo rate, lowers GDP forecast

RBI hikes repo rate, lowers GDP forecast

The Reserve Bank of India (RBI) has moved along expected lines, raising the repo rate by 35 basis po..

RBI extends market trading hours

RBI extends market trading hours

The Reserve Bank of India (RBI) has decided to restore market trading hours to pre-pandemic timings,..

Loan EMIs go up after RBI hikes repo rate

Loan EMIs go up after RBI hikes repo rate

Loans have become costlier as some banks have hiked their benchmark lending rates soon after the Res..

Digital currency transactions to remain largely anonymous: RBI

Digital currency transactions to remain largely anonymous: RBI

People should have no ‘fear psychosis’ over privacy concerns and transactions through the newly-intr..