Fino Payments Bank gets RBI nod for cross-border remittances

Fino Payments Bank gets RBI nod for cross-border remittances

Fino Payments Bank has received approval from the Reserve Bank of India (RBI) to commence internatio..

RBI cancels certificate of authorisation of two PSOs

RBI cancels certificate of authorisation of two PSOs

The Reserve Bank of India (RBI) has cancelled the Certificate of Authorisation (CoA) of two Payment ..

RBI issues framework for offline digital payments

RBI issues framework for offline digital payments

The Reserve Bank of India (RBI) has fixed the ceiling for digital payments in offline mode at Rs 200..

Private cryptocurrencies pose risk to customer protection: RBI

Private cryptocurrencies pose risk to customer protection: RBI

Continuing its critical stance against cryptocurrencies, the Reserve Bank of India (RBI) has said th..

Fiscal deficit target may come under strain, says RBI

Fiscal deficit target may come under strain, says RBI

The government may find it hard to contain fiscal deficit at the budgeted 6.8% this financial year, ..

Indian economy faces headwinds from Omicron, global developments: RBI Guv

Indian economy faces headwinds from Omicron, global developments: RBI Guv

The Indian economy faces headwinds from global developments and the Omicron variant of Covid-19, the..

Retail-led credit model face headwinds amid rise in home loan delinquencies: RBI

Retail-led credit model face headwinds amid rise in home loan delinquencies: RBI

With corporate credit staying sluggish for quite some time now, banks had turned aggressively to the..

RBI extends restrictions on PMC Bank till end-March

RBI extends restrictions on PMC Bank till end-March

The restrictions on Punjab and Maharashtra Co-operative (PMC) Bank will continue for another three m..

RBI’s report card on banking frauds in H1 of FY22

RBI’s report card on banking frauds in H1 of FY22

The number of fraud cases in banking operations has increased while its value has fallen during the ..

No prior RBI nod needed for NRIs, OCIs to buy or sell immovable properties in India

No prior RBI nod needed for NRIs, OCIs to buy or sell immovable properties in India

Non-resident Indians (NRIs) and overseas citizens of India (OCIs) do not require the Reserve Bank of..

Gross NPAs of banks may swell to 9.5% by September 2022: RBI

Gross NPAs of banks may swell to 9.5% by September 2022: RBI

The gross non-performing assets (NPAs) of banks may swell to 9.5% in September 2022 from 6.9% in Sep..

Bad loans fall amid write-offs, lower slippages: RBI

Bad loans fall amid write-offs, lower slippages: RBI

Bad loans have been on the slide during the coronavirus pandemic year as banks have taken recourse t..

RBI’s assurances and how brokerages look at RBL Bank’s new twist

RBI’s assurances and how brokerages look at RBL Bank’s new twist

Concerned about the possible flight of deposits after the unfolding of dramatic events at RBL Bank, ..

RBI gives nod to re-designate Rajiv Anand as Axis Bank deputy MD

RBI gives nod to re-designate Rajiv Anand as Axis Bank deputy MD

The Reserve Bank of India (RBI) has given its nod to re-designation Rajiv Anand as the deputy managi..

RBI extends card tokenisation deadline by six months

RBI extends card tokenisation deadline by six months

The Reserve Bank of India (RBI) has extended the deadline to comply with new rules for card storage ..