RBI penalises Federal Bank, Bank of India

RBI penalises Federal Bank, Bank of India

Federal Bank has been fined Rs 5.72 crore by the Reserve Bank of India (RBI) for deficiencies in reg..

Razorpay, Stripe, Pine Labs get RBI nod for payment aggregator licence

Razorpay, Stripe, Pine Labs get RBI nod for payment aggregator licence

Online payment gateways Razorpay, Stripe and Pine Labs have received approval from the Reserve Bank ..

RBI’s data on bank credit, deposit growth

RBI’s data on bank credit, deposit growth

Bank credit grew by 13.29% to Rs 123.81 lakh crore and deposits by 9.77% to Rs 169.61 lakh crore in ..

RBI slaps fine on Ola Financial Services

RBI slaps fine on Ola Financial Services

The Reserve Bank of India has imposed a penalty of over Rs 1.67 crore on Ola Financial Services for ..

RBI sets up mechanism for global trade settlement in rupee

RBI sets up mechanism for global trade settlement in rupee

The Reserve Bank of India (RBI) has asked banks to put in place a mechanism to settle international ..

RBI fines 3 co-operative banks

RBI fines 3 co-operative banks

The Reserve Bank of India (RBI) has fined three co-operative banks for deficiencies in regulatory co..

RBI introduces 5 measures to check rupee fall, boost forex inflows

RBI introduces 5 measures to check rupee fall, boost forex inflows

With the Indian currency sliding to new lows this month, the Reserve Bank of India (RBI) on Wednesda..

RBI approves HDFC Bank’s merger proposal with parent

RBI approves HDFC Bank’s merger proposal with parent

HDFC Bank, India’s largest private lender, has received the Reserve Bank of India's (RBI) nod for it..

RBI penalises Kotak Mahindra Bank, IndusInd Bank

RBI penalises Kotak Mahindra Bank, IndusInd Bank

The Reserve Bank of India (RBI) has fined private sector lenders Kotak Mahindra Bank and Indusind Ba..

Muthoot Finance gets RBI nod to open 150 branches

Muthoot Finance gets RBI nod to open 150 branches

After a three-year hiatus, Muthoot Finance is on a branch expansion spree across southern and northe..

Gross bank NPA ratio at six-year low: RBI

Gross bank NPA ratio at six-year low: RBI

The gross non-performing asset (GNPA) ratio of banks has fallen from 7.4% in March 2021 to a six-yea..

Cryptocurrencies are a clear danger: RBI Guv

Cryptocurrencies are a clear danger: RBI Guv

Describing cryptocurrencies as “clear danger”, Reserve Bank of India (RBI) Governor Shaktikanta Das ..

RBI extends deadline for card tokenisation by 3 months

RBI extends deadline for card tokenisation by 3 months

The Reserve Bank of India (RBI) has, in consultation with the stakeholders, extended the deadline fo..

This is why RBI penalises Indian Overseas Bank

This is why RBI penalises Indian Overseas Bank

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 57.50 lakh on state-run Indian ..

RBI to defend rupee against jerky movements: Deputy Guv Patra

RBI to defend rupee against jerky movements: Deputy Guv Patra

The Reserve Bank of India (RBI) is intervening in the market to defend the rupee and will not allow ..