RBI redefines ‘non-cooperative’ borrower
To tighten grip on errant borrowers, the Reserve Bank of India (RBI) has come up with a set of revised…
23 DEC 2014
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Himachal cooperative gets bank status
The Himachal Pradesh State Cooperative Bank (HPSCB) has been accorded the status of a commercial bank, as it earned the…
22 DEC 2014
RBI allows banks to lend up to Rs 10 lakh against infra bonds
In its latest move, the Reserve Bank of India has allowed banks to extend loans up to Rs 10 lakh…
29 NOV 2014
RBI issues notice against fake credit cards
The Reserve Bank of India has recently found out that fraudsters are issuing fake credit cards under its name to…
24 NOV 2014
Companies borrowing overseas can park funds in India: RBI
In a significant move, the Reserve Bank of India (RBI) has allowed companies borrowing overseas to park the funds as…
24 NOV 2014
Stricter norms unsuccessful at tackling ‘shadow banking’
Despite RBI tightening the noose around shadow banks with stricter rules, little has been done to tackle the complex problem…
13 NOV 2014
