RBI seeks payments’ data storage update every fortnight
Amid heightened concerns around data security, especially post Cambridge Analytica controversy, the Reserve Bank of India (RBI) is learnt to…
11 JUN 2018
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RBI relaxes bond-loss provisions, would ease PSB’s margins
In a significant relief to the lenders hit by treasury losses and bad loans, the Reserve Bank of India (RBI)…
07 JUN 2018
Urban co-op banks get RBI’s nod to become Small Finance Banks
Easing transition of urban co-operative banks (UCB) into traditional banking, the Reserve Bank of India (RBI) has decided to allow…
07 JUN 2018
RBI’s repo rate hiking, a good move: Experts
The Reserve Bank of India’s (RBI) today released its second bi-monthly monetary policy 2018-19 review. The key highlights of the policy…
06 JUN 2018
RBI hikes repo rate by 25 bps
The Reserve Bank of India’s (RBI) much-anticipated monetary policy is out. This time, RBI’s monetary policy committee (MPC) has decided…
06 JUN 2018
RBI’s nod for IDFC Bank, Capital First merger
IDFC Bank Ltd on Wednesday announced that it has received a nod from Reserve Bank of India for its proposed…
06 JUN 2018
IFCI gets Rs 280 crore from Bhushan Steel
The infrastructure term lender Industrial Finance Corporation of India (IFCI) has recovered Rs 280.30 crore from debt-ridden Bhushan Steel (BSL),…
25 MAY 2018
Banks credit in personal loans too high than degrowth in infra sectors: Assocham
While Indian banks are able to deploy credit over-enthusiastically in retail finance like personal loans, credit card overdrafts, vehicle loans,…
23 MAY 2018
Finance Minister Piyush Goyal places 11 PSBs under RBI’s ‘Prompt Corrective Action’
To put a check on the deteriorating financial health of banks in the country, Union Minister of Finance Piyush Goyal…
18 MAY 2018
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…
06 APR 2018
