RBI allows reversal of liquidity facilities by banks on weekends, holidays

RBI allows reversal of liquidity facilities by banks on weekends, holidays

The Reserve Bank of India (RBI) has decided to allow reversal of liquidity facilities under both SDF..

Banks write off Rs 10.57 lakh crore in 5 years

Banks write off Rs 10.57 lakh crore in 5 years

Banks have written off Rs 10.57 lakh crore during the last five financial years, of which Rs 5.52 la..

Public sector banks get Rs 15,183 crore on ED action: FM Nirmala Sitharaman

Public sector banks get Rs 15,183 crore on ED action: FM Nirmala Sitharaman

The Enforcement Directorate (ED) has confiscated assets worth Rs 15,186.64 crore under the stringent..

Banks may need Rs 84,000 cr more as RBI tightens norms on consumer loans

Banks may need Rs 84,000 cr more as RBI tightens norms on consumer loans

The Indian banking system will require Rs 84,000 crore of excess capital due to revised unsecured lo..

RBI’s move on unsecured loans to hurt banks more than economy

RBI’s move on unsecured loans to hurt banks more than economy

The Reserve Bank of India’s clamp down on risky consumer lending is likely to hurt banks but only ha..

RBI keeps close watch on high attrition at some private banks

RBI keeps close watch on high attrition at some private banks

Attrition is seen to be high at some private sector banks and the Reserve Bank of India (RBI) is wat..

RBI asks banks to tighten KYC norms

RBI asks banks to tighten KYC norms

The Reserve Bank of India (RBI) has asked banks and regulated entities to adopt a risk-based approac..

Banks feel heat on CASA deposits as interest rates climb

Banks feel heat on CASA deposits as interest rates climb

Banks are seeing a dip in the low-cost CASA (current account savings account) deposits as part of th..

RBI fines 3 co-operative banks, one NBFC

RBI fines 3 co-operative banks, one NBFC

The Reserve Bank of India (RBI) has fined three co-operative banks and one non-banking financial com..

Govt clears 12 ED appointments in public sector banks

Govt clears 12 ED appointments in public sector banks

The government has approved the appointments of 12 general managers as executive directors (EDs) of ..

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..

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..

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..

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..