Banks can sell fraud loans to ARCs: RBI

Banks can sell fraud loans to ARCs: RBI

The Reserve Bank of India (RBI) has allowed lenders to sell loans classified as fraud to asset recon..

RBI cautions against fraud in name of KYC updation

RBI cautions against fraud in name of KYC updation

The Reserve Bank of India (RBI) has cautioned bank customers against frauds in the name of KYC updat..

RBI lifts UCO Bank out of PCA list

RBI lifts UCO Bank out of PCA list

After four years of handcuff, Kolkata-headquartered UCO Bank will have no lending restrictions as it..

Crypto can’t be currency, needs regulation as asset: ex-RBI deputy Guv

Crypto can’t be currency, needs regulation as asset: ex-RBI deputy Guv

Crypto should be treated and regulated as a separate asset class to enable governments to effectivel..

RBI slaps fine on 2 co-operative banks

RBI slaps fine on 2 co-operative banks

The Reserve Bank of India (RBI) has slapped a fine of Rs 50 lakh on Bombay Mercantile Co-operative B..

RBI fines Axis Bank for due diligence failure on a customer account

RBI fines Axis Bank for due diligence failure on a customer account

The Reserve Bank of India (RBI) has slapped a fine of Rs 25 lakh on Axis Bank for violation of certa..

RBI may launch digital currency trial by Dec: Guv Shaktikanta Das

RBI may launch digital currency trial by Dec: Guv Shaktikanta Das

The RBI is working on phased introduction of a central bank digital currency (CBDC), which will be a..

RBI should be given powers to take action against PSBs

RBI should be given powers to take action against PSBs

The Reserve Bank of India (RBI) has been blamed for being late in detecting frauds or red flagging b..

RBI penalises Dhanlaxmi Bank

RBI penalises Dhanlaxmi Bank

The Reserve Bank of India (RBI) has imposed a penalty of Rs 27.50 lakh on Kerala-based Dhanlaxmi Ban..

RBI panel proposes 4-tier structure for urban co-operative banks

RBI panel proposes 4-tier structure for urban co-operative banks

The Reserve Bank of India’s expert committee on urban co-operative banks (UCBs) has proposed a four-..

Sandeep Bakhshi gets RBI nod to remain ICICI Bank boss

Sandeep Bakhshi gets RBI nod to remain ICICI Bank boss

Sandeep Bakhshi, who took charge of ICICI Bank after Chanda Kochchar was unceremoniously removed on ..

MPC member Varma wants RBI reverse repo rate to be raised

MPC member Varma wants RBI reverse repo rate to be raised

Prof. Jayanth R Varma, the only monetary policy member (MPC) to vote against the Reserve Bank of Ind..

RBI's policy support on growth to continue amid Covid

RBI's policy support on growth to continue amid Covid

Reserve Bank of India Governor Shaktikanta Das has said that the economy is struggling to regain the..

IBA moves RBI seeking licence to set up bad bank

IBA moves RBI seeking licence to set up bad bank

The Indian Banks' Association (IBA), which is entrusted with the task of setting up a bad bank, has ..

How RBI's new guidelines on bank lockers can impact customers

How RBI's new guidelines on bank lockers can impact customers

If you are looking for a bank locker, get prepared to open a term deposit that would cover three yea..