Tags Posts tagged with "RBI"

Tag: RBI

RBI to strictly monitor foreign money transfer

Wealthy individuals sending funds to abroad destinations to offshore entities for investment and other purposes will be facing tighter scrutiny from the Reserve Bank...

RBI directs Axis Bank to reconsider Shikha Sharma reappointment

The Reserve Bank of India (RBI) has directed Axis Bank’s board to rethink its decision of giving the fourth three-year term to Shikha Sharma...

Banks to stay open till 8 pm today: RBI

In a bid to offer better convenience to the tax payers, Reserve Bank of India's offices and all designated branches of agency banks conducting...

Janalakshmi gets final nod from RBI,all set to launch Small Finance...

After receiving the final nod from the Reserve Bank of India (RBI), Janalakshmi Financial Services is all set to launch its Small Finance Bank....

Women share in banking rises to 19.3% in 2017: RBI

Participation of women in the banking sector has seen a considerable rise, says Reserve Bank of India (RBI) report. According to the regulator, one of...

RBI slaps Rs 10 lakh penalty on Equitas Small Finance Bank

The Reserve Bank of India (RBI) has levied a penalty of Rs 10 lakh on Equitas Small Finance Bank for not complying with the...

RBI tightens priority sector lending on foreign banks

The Reserve Bank of India has decided to further tighten the priority sector lending (PSL) for foreign banks. This step is undertaken to mandatorily create...
cyber attacks

Fake RBI websites eyeing customers’ bank details, central bank issues warning

The Reserve Bank of India (RBI) has recently cautioned the customers regarding fake websites created on the layout similar to that of the central...

Banks plan to raise lending rates, may cause threat to economy

Posing a severe challenge to India’s struggling economy, banks are now planning to raise their interest rates. However, rates pertaining to the Reserve Bank of...

Public sector banks’ NPAs alarmingly rose to Rs 7.34 lakh crore...

Non-Performing Assets (NPAs) in public sector banks (PSBs) have inflated to Rs 7.34 lakh crore by the end of second quarter this fiscal, according...

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