RBI doubles gold loan limit for urban co-operative banks

RBI doubles gold loan limit for urban co-operative banks

The Reserve Bank of India (RBI) has allowed certain urban co-operative banks to double the lending l..

Rs 12,000 crore of Rs 2,000 notes yet to return: RBI Guv

Rs 12,000 crore of Rs 2,000 notes yet to return: RBI Guv

The Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said 87% of the Rs 2,000 denomina..

RBI keeps repo rate same; liquidity to be tight amid inflation concerns

RBI keeps repo rate same; liquidity to be tight amid inflation concerns

The Reserve Bank of India (RBI) has kept the benchmark repo rate unchanged at 6.50% for the fourth t..

RBI appoints Muneesh Kapur as executive director

RBI appoints Muneesh Kapur as executive director

Muneesh Kapur has been appointed as executive director of the Reserve Bank of India (RBI), with effe..

RBI onboards 30 banks on UDGAM portal for unclaimed deposits

RBI onboards 30 banks on UDGAM portal for unclaimed deposits

The Reserve Bank of India (RBI) Thursday said that 30 banks have been onboarded on the UDGAM (Unclai..

Government extends SBI chairman Dinesh Khara’s tenure

Government extends SBI chairman Dinesh Khara’s tenure

Dinesh Kumar Khara, the chairman of State Bank of India, gets an extension till August next year.The..

ICICI Bank raises Rs 4,000 cr via bonds

ICICI Bank raises Rs 4,000 cr via bonds

Private sector lender ICICI Bank has raised Rs 4,000 crore via bonds to fund business growth.The ban..

RBI penalises four co-operative banks

RBI penalises four co-operative banks

The Reserve Bank of India (RBI) has fined four co-operative banks for rule violations. The name..

RBI sets up external working group on ECL provisioning by banks

RBI sets up external working group on ECL provisioning by banks

The Reserve Bank of India (RBI) has set up an external working group on expected credit loss (ECL) b..

Post-merger, HDFC Bank’s CASA dips; surge in credit, deposits

Post-merger, HDFC Bank’s CASA dips; surge in credit, deposits

In the first quarter after merging with mortgage financier HDFC Ltd, private sector lender HDFC Bank..

Dhanlaxmi Bank posts 13% loan growth in Q2

Dhanlaxmi Bank posts 13% loan growth in Q2

Despite being caught in a controversy when independent director Sridhar Kalyanasundaram levelled cha..

RBI cancels licence of Lucknow Urban Co-operative Bank

RBI cancels licence of Lucknow Urban Co-operative Bank

The Reserve Bank of India (RBI) has cancelled the banking licence of Lucknow Urban Co-operative Bank..

IFC gets RBI nod to acquire 9.7% stake in Federal Bank

IFC gets RBI nod to acquire 9.7% stake in Federal Bank

The Reserve Bank of India (RBI) has given approval to International Finance Corporation (IFC) to acq..

RBI extends deadline to exchange Rs 2,000  notes at banks to 7 October

RBI extends deadline to exchange Rs 2,000 notes at banks to 7 October

The Reserve Bank of India (RBI) has extended the deadline to exchange and deposit Rs 2,000 bank note..

Bank CEO resigns days after Rs 9,000 crore wrongly credited to Chennai cab driver

Bank CEO resigns days after Rs 9,000 crore wrongly credited to Chennai cab driver

A week after Rs 9,000 crore was wrongly credited into a taxi driver’s account, Tamilnad Mercantile B..