High inflation a major concern, says RBI Guv in MPC meeting

High inflation a major concern, says RBI Guv in MPC meeting

Inflationary pressures continue to worry members of the Reserve Bank of India’s Monetary Policy Comm..

RBI gives banks, NBFCs 3 more months to implement card rules

RBI gives banks, NBFCs 3 more months to implement card rules

The Reserve Bank of India (RBI) has given banks and NBFCs three more months to implement three provi..

RBI disallows non-banks from loading credit lines on prepaid payment instruments

RBI disallows non-banks from loading credit lines on prepaid payment instruments

The Reserve Bank of India (RBI) has disallowed non-bank pre-paid wallets and pre-paid cards from loa..

Banks stare at MTM losses on bond holdings, consider approaching RBI

Banks stare at MTM losses on bond holdings, consider approaching RBI

Staring at huge losses from treasury operations, banks are planning to approach the Reserve Bank of ..

RBI to take strict action against strong-arm tactics of recovery agents: Governor Das

RBI to take strict action against strong-arm tactics of recovery agents: Governor Das

The Reserve Bank of India (RBI) will take strict action against regulated entities who resort to str..

RBI rejects digital-only banks proposal

RBI rejects digital-only banks proposal

The Reserve Bank of India (RBI) has rejected the idea of digital-only banks as the model poses risks..

RBI lifts restrictions on Mastercard

RBI lifts restrictions on Mastercard

The Reserve Bank of India (RBI) on Thursday said it lifted business restrictions imposed on Masterca..

Banks flouting lending norms to govt-owned entities: RBI

Banks flouting lending norms to govt-owned entities: RBI

The Reserve Bank of India (RBI) has found instances of banks flouting the regulator’s norms when it ..

RBI names DHFL administrator as RBL Bank CEO

RBI names DHFL administrator as RBL Bank CEO

The Reserve Bank of India (RBI) has approved the appointment of R Subramaniakumar as the managing di..

RBI allows credit card linking with UPI, RuPay gets first to bat

RBI allows credit card linking with UPI, RuPay gets first to bat

The Reserve Bank of India (RBI) has allowed linking of RuPay credit cards to the UPI network, settin..

RBI raises repo rate by 50 bps, inflation forecast to 6.7%

RBI raises repo rate by 50 bps, inflation forecast to 6.7%

Continuing its fight against rising inflation, the Reserve bank of India (RBI) has increased the rep..

RBI raises housing loan limits for co-operative banks

RBI raises housing loan limits for co-operative banks

The Reserve Bank of India (RBI) has raised the limits on individual housing loans extended by co-ope..

RBI dismisses rumours about Tagore, Kalam replacing Gandhi on banknotes

RBI dismisses rumours about Tagore, Kalam replacing Gandhi on banknotes

The Reserve Bank of India (RBI) has clarified that there is no proposal to replace the face of Mahat..

RBI issues provisioning norms for large NBFCs

RBI issues provisioning norms for large NBFCs

Large non-banking finance companies (NBFCs) will have to maintain provisions for standard assets in ..

NBFCs with higher risk appetite pose potential threat to financial stability: RBI

NBFCs with higher risk appetite pose potential threat to financial stability: RBI

Non-banking financial companies (NBFCs) with higher risk appetite pose a potential threat to the cou..