RBI fines One Mobikwik, Spice Money

RBI fines One Mobikwik, Spice Money

The Reserve Bank of India (RBI) has slapped a fine of Rs 1 crore each on two payment system operator..

Policy support needed amid uncertainty: RBI Guv

Policy support needed amid uncertainty: RBI Guv

The Reserve Bank of India (RBI) will continue its policy support to push forward a durable, broad-ba..

PMC depositors pick holes in RBI’s amalgamation scheme

PMC depositors pick holes in RBI’s amalgamation scheme

The depositors of fraud-hit Punjab and Maharashtra Co-operative (PMC) Bank want their money to be pa..

RBI introduces PCA norms for NBFCs

RBI introduces PCA norms for NBFCs

The Reserve Bank of India (RBI) has introduced a prompt corrective action (PCA) framework for non-ba..

RBI fines Punjab National Bank, ICICI Bank

RBI fines Punjab National Bank, ICICI Bank

The Reserve Bank of India (RBI) has fined two leading banks for violating regulatory compliances. Wh..

Inflation needs more RBI attention

Inflation needs more RBI attention

The coronavirus pandemic has pushed the Reserve Bank of India (RBI) into a corner. While the central..

RBI holds rates with eye on growth

RBI holds rates with eye on growth

The Reserve Bank of India (RBI) has left untouched the key lending rate, or the repo rate, at 4% for..

Paytm gets RBI nod to function as scheduled payments bank

Paytm gets RBI nod to function as scheduled payments bank

Payments Bank Limited (PPBL), a unit of leading digital payments firm Paytm, has got the Reserve Ban..

LIC gets RBI nod to up stake in Kotak Mahindra Bank

LIC gets RBI nod to up stake in Kotak Mahindra Bank

The Reserve Bank of India (RBI) has allowed Life Insurance Corporation of India (LIC) to increase it..

RBI sets up panel to assist Reliance Capital administrator

RBI sets up panel to assist Reliance Capital administrator

A day after superseding the board of directors of Reliance Capital, the Reserve Bank of India (RBI) ..

RBI silent on corporate entry into banking

RBI silent on corporate entry into banking

The Reserve Bank of India (RBI) is yet to take a view on the entry of corporates into the banking sp..

RBI supersedes Reliance Capital board amid defaults, governance concerns

RBI supersedes Reliance Capital board amid defaults, governance concerns

Another Anil Ambani-controlled company has tumbled down. The Reserve Bank of India (RBI) on Monday s..

RBI unveils draft scheme for PMC Bank; depositors to get full amount over 10 years

RBI unveils draft scheme for PMC Bank; depositors to get full amount over 10 years

PMC Bank depositors of above Rs 5 lakh will get back their full amount but over a period of 10 years..

RBI tightens NPA upgradation norms for banks

RBI tightens NPA upgradation norms for banks

The Reserve Bank of India (RBI) has directed banks not to upgrade non-performing assets (NPAs) as ‘s..

RBI lifts ban on Diners Club to onboard new customers

RBI lifts ban on Diners Club to onboard new customers

The Reserve Bank of India (RBI) has lifted the ban imposed on Diners Club International from onboard..