RBI withdraws circular asking banks to disclose exposure to IL&FS
The Reserve Bank of India (RBI) has withdrawn the circular that had asked the banks and financial institution to disclose…
10 MAY 2019
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Cyclone Fani: RBI directs banks to stay open till 6PM; Exchange Damaged Notes
Offering major relief to the Cyclone Fani crippled Bhubaneswar, the Reserve Bank of India (RBI) has directed the bank branches…
09 MAY 2019
Finance Commission meets RBI Governor, discusses setting up state level commission
The 15th Finance Commission met the Reserve Bank of India Governor Shaktikanta Das and other senior functionaries of the Central…
09 MAY 2019
RBI may cut interest rate in June: Report
The Reserve Bank of India is likely to cut the interest rates one more time in June, as per the…
08 MAY 2019
RBI directs banks to raise cap on home loans under priority sector lending
The Reserve Bank of India has directed the banks to increase the eligibility cap on housing loan for Regional Rural…
08 MAY 2019
Finance commission to meet RBI governor, bank officials in Mumbai on May 8
The 15th finance commission chaired by N K Singh will be meeting the governor of Reserve Bank of India’s (RBI)…
07 MAY 2019
No gold shifted outside India in 2014 or thereafter : RBI
The Reserve Bank of India (RBI) has denied all the media reports of gold being shifted from India to other…
04 MAY 2019
RBI imposes penalty on five PPI issuers
The Reserve Bank of India (RBI) has announced that it has imposed penalties on five Prepaid Payment Instrument (PPI) issuers,…
04 MAY 2019
SBI becomes first Indian lender to link saving bank interest with RBI’s repo rate
India’s largest lender the State Bank of India (SBI) has become the first Indian bank to link its interest rates…
02 MAY 2019
RBI planning to tighten liquidity mismatch margins for NBFCs: Report
The Reserve Bank of India (RBI) is likely to impose new limits on the liquidity mismatches that Non-Banking Financial Companies…
02 MAY 2019
