RBI asks NBFCs to reduce dependence on banks for funds

RBI asks NBFCs to reduce dependence on banks for funds

The Reserve Bank of India (RBI) has asked non-banking financial companies (NBFCs) to broad-base thei..

IDFC Ltd-IDFC First Bank reverse merger receives RBI nod

IDFC Ltd-IDFC First Bank reverse merger receives RBI nod

Reserve Bank of India (RBI) has given its approval for the reverse merger of IDFC Ltd with its banki..

RBI gives nod to Rajan’s appointment as Kotak Mahindra Bank chairman

RBI gives nod to Rajan’s appointment as Kotak Mahindra Bank chairman

Kotak Mahindra Bank on Wednesday said the Reserve Bank of India (RBI) has approved the appointment o..

RBI, two banks receive bomb threat mail

RBI, two banks receive bomb threat mail

The Reserve Bank of India (RBI), HDFC Bank and ICICI Bank on Tuesday received 11 bomb threats in Mum..

RBI introduces card tokenisation facility at bank level

RBI introduces card tokenisation facility at bank level

The RBI has introduced a Card-on-File (CoF) token facility at the level of banks and other instituti..

RBI lifts ban on Razorpay, Cashfree

RBI lifts ban on Razorpay, Cashfree

After almost a year of freeze, the Reserve Bank of India (RBI) has lifted the ban on payment aggrega..

RBI targets evergreening of loans via AIFs, tightens norms

RBI targets evergreening of loans via AIFs, tightens norms

The Reserve Bank of India (RBI) has tightened certain norms with the objective of checking evergreen..

IMF terms RBI’s currency intervention excessive, RBI opposes

IMF terms RBI’s currency intervention excessive, RBI opposes

The International Monetary Fund (IMF) has reclassified India’s exchange rate regime from a “floating..

RBI cautions against misleading ads on loan waiver

RBI cautions against misleading ads on loan waiver

The Reserve Bank of India (RBI) has cautioned public not to fall prey to misleading advertisements o..

RBI Governor on interest rate, inflation, growth

RBI Governor on interest rate, inflation, growth

Why the MPC decided to keep the repo rate unchanged at 6.5% while remaining prepared to undertake ap..

RBI keeps repo rate unchanged at 6.5%

RBI keeps repo rate unchanged at 6.5%

The Reserve Bank of India (RBI) has kept the repo rate unchanged for the fifth consecutive time whil..

RBI raises GDP projection to 7% in FY24

RBI raises GDP projection to 7% in FY24

Buoyant domestic demand and higher capacity utilisation in the manufacturing sector has led the Rese..

RBI retains inflation projection at 5.4% in FY24

RBI retains inflation projection at 5.4% in FY24

The Reserve Bank of India (RBI) has retained the retail inflation projection for the current fiscal ..

RBI raises UPI transaction limit

RBI raises UPI transaction limit

The Reserve Bank of India (RBI) has raised the UPI payment limit to hospitals and educational instit..

RBI to set up fintech repository by April 2024

RBI to set up fintech repository by April 2024

The Reserve Bank of India (RBI) has proposed to set up  a fintech repository by April 2024.Fint..