RBI extends loan moratorium by 3 more months
Banking regulator the Reserve Bank of India today extended the moratorium on loan repayments by three more months. The facility…
22 MAY 2020
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RBI pushes usage of digital modes for banking transactions
As the nation enters lockdown 4.0, the banking regulator Reserve Bank of India (RBI) on Wednesday once again pushed the…
20 MAY 2020
IBA demands RBI to extend NPA classification period from 180 days to 90 days
Indian Banks’ Association (IBA) has requested banking regulator Reserve Bank of India to extend the days of declaring Non-Performing Asset…
19 MAY 2020
RBI cancels CKP Cooperative Bank’s licence due to weak financial health
The Reserve Bank of India has cancelled the licence of The CKP Co-operative Bank Ltd., Mumbai, amid its weak financial…
04 MAY 2020
COVID Update: RBI Governor Discusses Loan Moratorium, Credit with Bank Heads
Reserve Bank of India (RBI) Governor Shaktikanta Das today called a meeting with the heads of major public and private sector…
02 MAY 2020
RBI’s attempt to form payments entity draws India Inc attention
The Reserve Bank of India’s call to bring private sector firms to participate in the operation and governance of the…
28 APR 2020
COVID-19 update: RBI announce measures to combat pandemic
The Reserve Bank of India (RBI), through a press conference, announced long-term repos worth Rs 50,000 crore yesterday for non-bank…
18 APR 2020
Coronavirus has trimmed India’s growth outlook drastically: RBI
The outbreak of coronavirus has altered the outlook of India’s economic recovery significantly, said the Reserve Bank of India in…
10 APR 2020
Covid-19: India faces greatest economic emergency, says Raghuram Rajan
The coronavirus pandemic is likely to emerge as the biggest economic crisis faced by India since the emergency, says former…
07 APR 2020
Coronavirus update: Some Bank branches may be shut
In a bid to carry out basic essential financial transactions, the Indian Banks’ Association (IBA) has directed banks to open…
24 MAR 2020
