Banks need to follow these RBI rules at time of resetting loans

Banks need to follow these RBI rules at time of resetting loans

The Reserve Bank of India (RBI) has laid down the guidelines allowing individual borrowers of home, ..

RBI’s CRR hike move to impact margins of banks in Q2

RBI’s CRR hike move to impact margins of banks in Q2

The margins of banks will be impacted and temporary liquidity mismatches created for some of them af..

RBI says 88% of Rs 2,000 notes returned to banks

RBI says 88% of Rs 2,000 notes returned to banks

As much as 88% of the Rs 2,000 banknotes valued at Rs 3.14 lakh crore have returned to the banking s..

UCO Bank gets RBI nod to open eight more special vostro accounts for trade in rupee

UCO Bank gets RBI nod to open eight more special vostro accounts for trade in rupee

UCO Bank has opened four special rupee vostro accounts and has received permission from the Reserve ..

76% of Rs 2,000 notes returned to banks: RBI

76% of Rs 2,000 notes returned to banks: RBI

The Reserve Bank of India (RBI) on Monday said 76% of the Rs 2,000 notes have returned to banks sinc..

Credit card bad debt doubles to 18% for state-run banks: RBI

Credit card bad debt doubles to 18% for state-run banks: RBI

Bad debt from credit cards in public sector banks has doubled to 18% at the end of FY2023, the Reser..

Banks’ bad loans fall to decadal low, may improve further: RBI

Banks’ bad loans fall to decadal low, may improve further: RBI

The bad loan ratio for Indian banks touched a ten-year low of 3.9% aBad loan ratio for Indian banks ..

RBI allows Mahalaxmi Cooperative Bank to operate as NBFC, cancels banking licence

RBI allows Mahalaxmi Cooperative Bank to operate as NBFC, cancels banking licence

The Reserve Bank of India (RBI) has granted non-banking institution licence to Karnataka-based Mahal..

RBI fines Standard Chartered Bank, other entities

RBI fines Standard Chartered Bank, other entities

The Reserve Bank of India (RBI) has slapped penalties on Standard Chartered Bank-India, TransUnion C..

RBI fines three banks

RBI fines three banks

The Reserve Bank of India (RBI) on Friday penalised three banks, including Axis Bank, Bank of Mahara..

RBI’s 4 key measures to strengthen 1,514 urban co-operative banks

RBI’s 4 key measures to strengthen 1,514 urban co-operative banks

The Reserve Bank of India (RBI) has notified four key measures with the aim of strengthening 1,514 u..

50% of Rs 2,000 notes back in banks, no plans to withdraw Rs 500 notes: RBI Guv

50% of Rs 2,000 notes back in banks, no plans to withdraw Rs 500 notes: RBI Guv

Around 50% of Rs 2,000 notes in circulation has returned to the banking system since the announcemen..

RBI allows banks to issue RuPay prepaid forex cards

RBI allows banks to issue RuPay prepaid forex cards

The Reserve Bank of India (RBI) has permitted RuPay to issue foreign currency cards, a move that wil..

RBI Governor cautions banks on loan evergreening, governance gaps

RBI Governor cautions banks on loan evergreening, governance gaps

The Reserve Bank of India (RBI) has cautioned banks against trying to conceal the real status of the..

RBI clears SBI Funds to acquire up to 9.99% stake in HDFC Bank

RBI clears SBI Funds to acquire up to 9.99% stake in HDFC Bank

The Reserve Bank of India (RBI) has allowed asset management company SBI Funds Management to acquire..