Govt extends tenure of public sector bank MDs to 10 years

Govt extends tenure of public sector bank MDs to 10 years

Aiming to provide stability at the top and retain talent, the government has raised the maximum tenu..

RBI fines LIC Housing Finance, others

RBI fines LIC Housing Finance, others

The Reserve Bank has imposed penalties on several financial entities, including LIC Housing Finance,..

RBI cancels licence of Seva Vikas Co-operative Bank

RBI cancels licence of Seva Vikas Co-operative Bank

The Reserve Bank of India (RBI) has cancelled the licence of Pune-based Seva Vikas Co-operative Bank..

Govt, LIC to sell 60.72% stake in IDBI Bank, invite bids

Govt, LIC to sell 60.72% stake in IDBI Bank, invite bids

The Indian government is looking to unload 60.72% stake in IDBI Bank and has invited expressions of ..

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 cancels licence of Deccan Urban Co-operative Bank

RBI cancels licence of Deccan Urban Co-operative Bank

The Reserve Bank of India (RBI) has cancelled the licence of Karnataka-based Deccan Urban Co-operati..

Monetary Policy: Repo rate hike and other key highlights

Monetary Policy: Repo rate hike and other key highlights

The Reserve Bank of India (RBI) has hiked the repo rate by 50 basis points (bps) for the third strai..

PNB, ICICI Bank raise lending rates on day of RBI’s policy announcement

PNB, ICICI Bank raise lending rates on day of RBI’s policy announcement

Private lender ICICI Bank and state-owned Punjab National Bank (PNB) have raised their lending rates..

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 mulls policy framework for fintech

RBI mulls policy framework for fintech

The Reserve Bank of India (RBI) is exploring the introduction of a policy framework for digital bank..

RBI cancels licences of 5 NBFCs for violation of lending norms

RBI cancels licences of 5 NBFCs for violation of lending norms

The Reserve Bank of India (RBI) has cancelled certificates of registration of five non-banking finan..

RBI Governor hints at rate hike in next policy

RBI Governor hints at rate hike in next policy

The Reserve Bank of India (RBI) is looking at another rate hike in early June to bring down inflatio..

Sachin Bansal, 5 others fail to get RBI nod for bank licence

Sachin Bansal, 5 others fail to get RBI nod for bank licence

Reserve Bank of India (RBI) has rejected applications for on-tap licences of six firms, including th..

LIC, Govt to cede management control from IDBI Bank

LIC, Govt to cede management control from IDBI Bank

Life Insurance Corporation, which is headed for the country’s largest initial public offering (IPO),..

RBI policy to push up interest rates

RBI policy to push up interest rates

There is something that has gone unnoticed in the Reserve Bank of India’s (RBI) bi-monthly monetary ..