Two-day bank strike ends

Two-day bank strike ends

The two-day nationwide bank strike has ended with the threat that more is to follow if the governmen..

PMC depositors pick holes in RBI’s amalgamation scheme

PMC depositors pick holes in RBI’s amalgamation scheme

The depositors of fraud-hit Punjab and Maharashtra Co-operative (PMC) Bank want their money to be pa..

RBI introduces PCA norms for NBFCs

RBI introduces PCA norms for NBFCs

The Reserve Bank of India (RBI) has introduced a prompt corrective action (PCA) framework for non-ba..

RBI fines Punjab National Bank, ICICI Bank

RBI fines Punjab National Bank, ICICI Bank

The Reserve Bank of India (RBI) has fined two leading banks for violating regulatory compliances. Wh..

Inflation needs more RBI attention

Inflation needs more RBI attention

The coronavirus pandemic has pushed the Reserve Bank of India (RBI) into a corner. While the central..

Bank of Maharashtra slashes home loan rate to all-time low of 6.4%

Bank of Maharashtra slashes home loan rate to all-time low of 6.4%

Bank of Maharashtra has cut the interest rate on home loans to its lowest ever even as it targets gr..

RBI holds rates with eye on growth

RBI holds rates with eye on growth

The Reserve Bank of India (RBI) has left untouched the key lending rate, or the repo rate, at 4% for..

Paytm gets RBI nod to function as scheduled payments bank

Paytm gets RBI nod to function as scheduled payments bank

Payments Bank Limited (PPBL), a unit of leading digital payments firm Paytm, has got the Reserve Ban..

Reliance Capital lands in bankruptcy court

Reliance Capital lands in bankruptcy court

Anil Ambani-promoted Reliance Capital has gone into the bankruptcy court. The National Company Law T..

Madras HC stays earlier winding up order, says SpiceJet

Madras HC stays earlier winding up order, says SpiceJet

The Madras High Court has stayed its earlier order of winding up SpiceJet and appointment of officia..

SBI’s massive bad-loan cleanup paved way for record profits

SBI’s massive bad-loan cleanup paved way for record profits

The State Bank of India’s string of record quarterly profits has come after a massive clean-up of ba..

LIC gets RBI nod to up stake in Kotak Mahindra Bank

LIC gets RBI nod to up stake in Kotak Mahindra Bank

The Reserve Bank of India (RBI) has allowed Life Insurance Corporation of India (LIC) to increase it..

RBI sets up panel to assist Reliance Capital administrator

RBI sets up panel to assist Reliance Capital administrator

A day after superseding the board of directors of Reliance Capital, the Reserve Bank of India (RBI) ..

RBI silent on corporate entry into banking

RBI silent on corporate entry into banking

The Reserve Bank of India (RBI) is yet to take a view on the entry of corporates into the banking sp..

RBI supersedes Reliance Capital board amid defaults, governance concerns

RBI supersedes Reliance Capital board amid defaults, governance concerns

Another Anil Ambani-controlled company has tumbled down. The Reserve Bank of India (RBI) on Monday s..