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
Reserve Bank of India
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Reserve Bank of India
Zero tolerance policy on flouting KYC norms in the offing
The Reserve Bank of India (RBI) is likely to adopt a zero tolerance policy to violations of know your customer/anti-money…
09 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
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
United Bank of India requests RBI to lift cap on lending
United Bank of India has approached the Reserve Bank of India (RBI) with a plea for phased removal of cap…
12 JAN 2015
Why charge customers for using ATM, HC asks RBI
The Delhi High Court has issued notice to the Reserve Bank of India (RBI) on a plea against RBI’s decision…
30 DEC 2014
Credit card spending hits 3-year high
The latest data from the Reserve Bank of India (RBI) says that the growth in credit spends is at a…
29 DEC 2014
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
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
