RBI imposes Rs 5 lakh fine on 16 banks for violation of norms
The Reserve Bank has imposed a fine of Rs 5 lakh each on 16 central cooperative banks for non-adherence of…
01 APR 2015
RBI
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RBI adopts Basel III standards for capital, liquidity
The Reserve Bank of India (RBI) has announced amendments to regulations on capital adequacy and liquidity for lenders operating in…
01 APR 2015
Kotak Mahindra-ING Vysya merger gets RBI approval
The Reserve Bank of India (RBI) has given the green signal to the merger deal between Kotak Mahindra Bank and…
01 APR 2015
RBI wants non-bank finance companies to seek prior nod before any takeover
Tightening its grip on non-banking finance companies (NBFCs), the Reserve Bank of India (RBI) has proposed to regulate the change…
31 MAR 2015
Private banks to hike fines, charges from April 1
Many private banks, including HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank, have announced a hike in charges…
23 MAR 2015
RBI eases norms for home loans for up to Rs 10 lakh
The Reserve Bank of India (RBI) has eased the norms for home loans for up to Rs 10 lakh by…
09 MAR 2015
ItzCash commits Rs 100cr investment for payment bank foray
ItzCash, India’s leading payment solutions Company has announced the capital infusion of Rs 100 corer by its promoter Ashok Goel…
20 FEB 2015
Safe Transit Cover for Banking & Finance Sector: Gaurav Vora
Tamper-proof envelopes and packaging is the core need for movement of high-value goods like credit cards and legal evidence material,…
06 FEB 2015
Reliance, Birla, Bharti seek payment bank licence
Big corporate houses including Reliance Industries, Aditya Birla, Airtel and Future Group have applied for payment bank licence. A number…
03 FEB 2015
RBI slashes repo rate by 25 bps to 7.75 %
The Reserve Bank of India (RBI) on Thursday cut its benchmark repo rate by 25 basis points to 7.75 per…
15 JAN 2015
