The move has been initiated at a time when Sanjay Malhotra has just taken over as the new Governor of the RBI succeeding ...
The Reserve Bank has imposed financial penalties on Jammu and Kashmir Bank, Bank of India, and Canara Bank for regulatory ...
The Central Bank Digital Currency (CBDC) could be used for the collection of micro-loans as an innovative tool to streamline ...
The RBI has advised all regulated entities like banks, etc to use TRAI's Mobile Number Revocation List (MNRL) hosted on the ...
Some large Indian lenders’ earnings have been more robust. Kotak Mahindra Bank’s shares jumped more than 9 per cent on Monday after it posted a 10 per cent rise in quarterly profit, even as money set ...
The banking system cash deficit, as measured by banks’ borrowings from the Reserve Bank of India, was Rs 3.3 trillion ($38.2 ...
IDFC First Bank Ltd. estimates 2 trillion rupees ($23.1 billion) of transfer by the Reserve Bank of India while QuantEco ...
The RBI clarified that the penalties are based on deficiencies in regulatory compliance and do not question the validity of transactions undertaken by the banks.
The Reserve Bank of India (RBI) has requested commercial banks to report the impact of the proposed stringent liquidity ...
Sanjiv Bajaj, Chairman and Managing Director (CMD) of Bajaj Finserv said that while liquidity is not a concern for large ...
The Reserve Bank of India (RBI) has recently issued new directives aimed at streamlining the nomination process for savings ...