Banks stare at MTM losses on bond holdings, consider approaching RBI

Banks stare at MTM losses on bond holdings, consider approaching RBI

Staring at huge losses from treasury operations, banks are planning to approach the Reserve Bank of ..

RBI to take strict action against strong-arm tactics of recovery agents: Governor Das

RBI to take strict action against strong-arm tactics of recovery agents: Governor Das

The Reserve Bank of India (RBI) will take strict action against regulated entities who resort to str..

RBI rejects digital-only banks proposal

RBI rejects digital-only banks proposal

The Reserve Bank of India (RBI) has rejected the idea of digital-only banks as the model poses risks..

RBI lifts restrictions on Mastercard

RBI lifts restrictions on Mastercard

The Reserve Bank of India (RBI) on Thursday said it lifted business restrictions imposed on Masterca..

SBI increases deposit, lending rates

SBI increases deposit, lending rates

A little less than a week after the Reserve bank of India (RBI) raised the repo rate by 50 basis poi..

Banks flouting lending norms to govt-owned entities: RBI

Banks flouting lending norms to govt-owned entities: RBI

The Reserve Bank of India (RBI) has found instances of banks flouting the regulator’s norms when it ..

Rupee sinks to life-time low, inflation at 7.04%

Rupee sinks to life-time low, inflation at 7.04%

The Indian rupee plunged to an all-time low against the US dollar on Monday, breaching the 78-mark f..

RBI names DHFL administrator as RBL Bank CEO

RBI names DHFL administrator as RBL Bank CEO

The Reserve Bank of India (RBI) has approved the appointment of R Subramaniakumar as the managing di..

HDFC Bank’s advances cross Rs 3 lakh cr in Maharashtra

HDFC Bank’s advances cross Rs 3 lakh cr in Maharashtra

HDFC Bank’s total advances in Maharashtra have crossed Rs 3 Lakh crore, the private lender said.&nbs..

Yes Bank set to exit rescue plan, form new board

Yes Bank set to exit rescue plan, form new board

The turnaround story executed, Yes Bank is in the process of forming an alternate board more than tw..

RBI allows credit card linking with UPI, RuPay gets first to bat

RBI allows credit card linking with UPI, RuPay gets first to bat

The Reserve Bank of India (RBI) has allowed linking of RuPay credit cards to the UPI network, settin..

No OTP required for auto-debit transactions of up to Rs 15,000

No OTP required for auto-debit transactions of up to Rs 15,000

For auto-transactions up to Rs 15,000, customers will not have to authenticate such payments through..

Lending rates rise, HDFC hikes retail prime lending rate by 50 basis points

Lending rates rise, HDFC hikes retail prime lending rate by 50 basis points

Lending rates are on a swift rise, much ahead of the upward movement of deposits. Housing Developmen..

SBI reshuffles top deck, Alok is new MD

SBI reshuffles top deck, Alok is new MD

State Bank of India (SBI) chairman Dinesh Khara has reshuffled the top deck even as Alok Kumar Choud..

RBI raises repo rate by 50 bps, inflation forecast to 6.7%

RBI raises repo rate by 50 bps, inflation forecast to 6.7%

Continuing its fight against rising inflation, the Reserve bank of India (RBI) has increased the rep..