Kotak Mahindra Bank gets RBI nod to acquire Sonata Finance

Kotak Mahindra Bank gets RBI nod to acquire Sonata Finance

Kotak Mahindra Bank has got the RBI approval to acquire microlender Sonata Finance for Rs 537 crore...

RBI slaps penalty on ICICI Bank, Kotak Mahindra Bank

RBI slaps penalty on ICICI Bank, Kotak Mahindra Bank

The Reserve Bank of India (RBI) has slapped a penalty of Rs 12.19 crore on ICICI Bank and Rs 3.95 cr..

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..

RBI fines Union Bank of India, RBL, Bajaj Finance over regulatory lapses

RBI fines Union Bank of India, RBL, Bajaj Finance over regulatory lapses

The Reserve Bank of India (RBI) has levied penalties on Union Bank of India, RBL Bank and Bajaj Fina..

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..

RBI penalises Paytm Payments Bank

RBI penalises Paytm Payments Bank

The Reserve Bank of India (RBI) has slapped a penalty of Rs 5.39 crore on Paytm Payments Bank Ltd fo..

SBI MF gets RBI nod to acquire 9.99% stake in IndusInd Bank

SBI MF gets RBI nod to acquire 9.99% stake in IndusInd Bank

The Reserve Bank of India (RBI) has given approval to SBI Mutual Fund to acquire up to 9.99% stake i..

RBI directs Bank of Baroda to stop onboarding new customers on ‘bob world’

RBI directs Bank of Baroda to stop onboarding new customers on ‘bob world’

The Reserve Bank of India (RBI) has directed Bank of Baroda to stop onboarding new customers on its ..

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..

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..