RBI slaps fine on IndusInd Bank

RBI slaps fine on IndusInd Bank

The Reserve Bank of India (RBI) has imposed a penalty of Rs 27.30 lakh on IndusInd Bank for non-comp..

RBI imposes penalty on Manappuram Finance

RBI imposes penalty on Manappuram Finance

The Reserve Bank of India (RBI) has slapped a fine of Rs 20 lakh on Manappuram Finance for non-compl..

RBI lifts restrictions on two Edelweiss Group companies

RBI lifts restrictions on two Edelweiss Group companies

The Reserve Bank of India (RBI) has lifted the business restrictions on two Edelweiss Group entities..

Sanjay Malhotra is new RBI Governor

Sanjay Malhotra is new RBI Governor

Sanjay Malhotra replaces Shaktikanta Das as the Reserve Bank of India Governor, facing the challengi..

RBI allows small finance banks to offer pre-sanctioned credit lines via UPI

RBI allows small finance banks to offer pre-sanctioned credit lines via UPI

The Reserve Bank of India has proposed to allow small finance banks (SFBs) to extend pre-sanctioned ..

RBI keeps repo rate unchanged, cuts CRR

RBI keeps repo rate unchanged, cuts CRR

In the battle between growth and inflation, the RBI-led monetary policy committee (MPC)has left the ..

Canara Bank gets RBI nod to divest stake in insurance and mutual fund biz

Canara Bank gets RBI nod to divest stake in insurance and mutual fund biz

Canara Bank has got the Reserve Bank of India's (RBI) approval for a proposal to divest the bank's s..

RBI increases UPI Lite wallet limit to Rs 5,000

RBI increases UPI Lite wallet limit to Rs 5,000

The Reserve Bank of India has increased the UPI Lite wallet limit to Rs 5,000 and per-transaction li..

SBI writes to RBI on inoperative accounts

SBI writes to RBI on inoperative accounts

Faced with the challenge of ensuring an account remains operative, the State Bank of India (SBI) has..

RBI directs banks to bring down inoperative accounts

RBI directs banks to bring down inoperative accounts

The Reserve Bank of India (RBI) has directed banks to ‘urgently’ reduce the number of inoperative or..

RBI cancels registration of Nagpur-based Zavron Finance

RBI cancels registration of Nagpur-based Zavron Finance

The Reserve Bank of India (RBI) has cancelled the certificate of registration of Nagpur-based Zavron..

Gold loans surge amid RBI worries

Gold loans surge amid RBI worries

Banks have seen a surge in gold loans as prices for the yellow metal have soared and the Reserve Ban..

SBI, HDFC Bank, ICICI Bank remain in RBI’s ‘too-big-to-fail’ list

SBI, HDFC Bank, ICICI Bank remain in RBI’s ‘too-big-to-fail’ list

State Bank of India, HDFC Bank and ICICI Bank remain named as domestic systemically important banks ..

RBI cancels licence of Vijayawada-based co-operative bank

RBI cancels licence of Vijayawada-based co-operative bank

The Reserve Bank of India has cancelled the licence of Vijayawada-based Durga Co-operative Urban Ban..

RBI issues rules for reclassification of FPI to FDI

RBI issues rules for reclassification of FPI to FDI

The Reserve Bank of India has issued an operational framework to allow foreign portfolio investors (..