RBI cancels licence of Aurangabad-based co-operative bank

RBI cancels licence of Aurangabad-based co-operative bank

The Reserve Bank of India has cancelled the licence of Ajantha Urban Co-operative Bank Maryadit, Aur..

RBI allows minors above 10 years to open and operate bank accounts

RBI allows minors above 10 years to open and operate bank accounts

RBI allows minors above 10 years to open and operate bank accountsMinors can feel like adults as the..

RBI slaps penalty on Kotak Mahindra Bank, IDFC First Bank, PNB

RBI slaps penalty on Kotak Mahindra Bank, IDFC First Bank, PNB

The Reserve Bank of India has fined Kotak Mahindra Bank, IDFC First Bank and Punjab National Bank fo..

In shadow of Trump’s tariffs, RBI heads for interest rate cut cycle

In shadow of Trump’s tariffs, RBI heads for interest rate cut cycle

Just when the global economy showed signs of sinking to a level not many would have earlier imagined..

RBI’s repo cut: Banks start lowering lending rates

RBI’s repo cut: Banks start lowering lending rates

Soon after the Reserve Bank of India cut repo rate, several public sector banks have announced revis..

‘I am not Sanjay of Mahabharat’, says RBI Guv on future rate cuts

‘I am not Sanjay of Mahabharat’, says RBI Guv on future rate cuts

RBI Governor Sanjay Malhotra said he was “not the Sanjay of Mahabharat” who could predict the extent..

RBI proposes to strengthen gold loan norms

RBI proposes to strengthen gold loan norms

The Reserve Bank of India (RBI) on Wednesday issued a draft circular proposing stronger norms for lo..

IndusInd Bank crisis an episode and not failure, says RBI Guv

IndusInd Bank crisis an episode and not failure, says RBI Guv

Incidents like the accounting lapses in IndusInd Bank or the crisis in New India Cooperative Bank ar..

Expect more rate cuts as RBI lowers growth  forecast

Expect more rate cuts as RBI lowers growth forecast

The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points for the second straight tim..

RBI’s six regulatory proposals for banks, fintechs

RBI’s six regulatory proposals for banks, fintechs

The Reserve Bank of India has announced six new regulatory proposals for banks and fintechs.While fo..

 Looking at liquidity surplus of around 1% of deposits, says RBI Governor

Looking at liquidity surplus of around 1% of deposits, says RBI Governor

The Reserve Bank of India is expected to keep sufficient surplus in the banking system to ensure pol..

RBI fines HDFC Bank, Punjab & Sind Bank

RBI fines HDFC Bank, Punjab & Sind Bank

The Reserve Bank of India has slapped penalties on HDFC Bank and Punjab & Sind Bank for deficien..

RBI's new priority sector lending norms from 1 April

RBI's new priority sector lending norms from 1 April

The Reserve Bank of India has revised the guidelines on priority sector lending (PSL), which are to ..

RBI, Bank of Mauritius ink pact to use local currencies in bilateral trade

RBI, Bank of Mauritius ink pact to use local currencies in bilateral trade

Reserve Bank of India and the Bank of Mauritius (BOM) have signed a pact to use local currencies in ..

No need to panic, RBI directs Indusind Bank on remedial action

No need to panic, RBI directs Indusind Bank on remedial action

The Reserve Bank of India (RBI) has assured depositors not to panic while directing IndusInd Bank's ..