Prashant Kumar gets RBI nod to rule Yes Bank for 3 more years

Prashant Kumar gets RBI nod to rule Yes Bank for 3 more years

Prashant Kumar, responsible for the turnaround of Yes Bank, has got to rule for three more years to ..

RBI hikes repo rate, lowers GDP forecast

RBI hikes repo rate, lowers GDP forecast

The Reserve Bank of India (RBI) has increased the repo rate by 50 basis points and more rate hikes a..

RBI keeps inflation forecast unchanged

RBI keeps inflation forecast unchanged

The Reserve Bank of India (RBI) has retained the inflation forecast at 6.7% for FY23 while expressin..

RBI plans to deploy AI for better regulatory supervision

RBI plans to deploy AI for better regulatory supervision

The Reserve Bank of India (RBI) is planning to extensively use advanced analytics, artificial intell..

SBI, ICICI Bank signal how EMIs, deposits will behave as RBI hikes rates

SBI, ICICI Bank signal how EMIs, deposits will behave as RBI hikes rates

State Bank of India (SBI), Bank of India and other lenders have hiked their lending rates  whil..

Mahindra Finance’s vehicle recovery pace to slow down after RBI order

Mahindra Finance’s vehicle recovery pace to slow down after RBI order

Mahindra & Mahindra Financial Services (MMFS) expects repossession activity of vehicles to reduc..

RBI bars Mahindra Finance from outsourcing loan recovery activity

RBI bars Mahindra Finance from outsourcing loan recovery activity

The Reserve Bank of India (RBI) today directed Mahindra & Mahindra Financial Services to immedia..

RBI cancels licence of Laxmi Co-op Bank

RBI cancels licence of Laxmi Co-op Bank

The Reserve Bank of India (RBI) today cancelled the licence of Maharashtra's Laxmi Co-operative Bank..

RBI lifts Central Bank of India out of PCA

RBI lifts Central Bank of India out of PCA

The Reserve Bank of India (RBI) has removed state-owned Central Bank of India from the prompt correc..

RBI Deputy Guv pitches for data law to protect customers’ privacy

RBI Deputy Guv pitches for data law to protect customers’ privacy

Reserve Bank of India (RBI) deputy governor T Rabi Sankar has urged for a law to protect customers' ..

RBI names 34 illegal forex trading sites in alert list

RBI names 34 illegal forex trading sites in alert list

Reserve bank of India (RBI) has released an alert list of illegal forex trading platforms and cautio..

Former RBI Guv bats for 10-year road map for privatisation of all PSBs

Former RBI Guv bats for 10-year road map for privatisation of all PSBs

The government should come up with a 10-year road map for privatisation of all public sector banks (..

RBI gives banks, NBFCs until end-Nov to comply with new digital lending rules

RBI gives banks, NBFCs until end-Nov to comply with new digital lending rules

The Reserve Bank of India (RBI) has given banks and non-banking financial companies (NBFCs) until th..

RBI ban out, American Express can add new customers

RBI ban out, American Express can add new customers

After more than a year, the Reserve Bank of India (RBI) has lifted the restrictions on American Expr..

RBI clarifies position on bank privatisation article in bulletin

RBI clarifies position on bank privatisation article in bulletin

Not wanting to be seen as being opposed to privatisation of banks, the Reserve Bank of India (RBI) c..