Fri, Dec 01, 2023
Consequently, while it becomes more expensive for financial institutions to lend in these segments, the borrower will also have to bear the brunt of higher interest rates.
Sat, Nov 25, 2023
The auctions, scheduled for December 1, will be facilitated by the Reserve Bank of India (RBI) at its Mumbai Office.
Fri, Nov 24, 2023
SBI Card share price: The brokerage firm InCredit Equities pointed out in its report that while private banks will see an impact of around 5 per cent of the net loans, SBI Card will see a 100 per cent impact.
Mon, Jan 24, 2022
A penalty of Rs 4 lakh has been imposed on The Associate Co-operative Bank Ltd, Surat (Gujarat) for contravention of directions on 'Loans and advances to directors, relatives and firms/concerns in which they are interested', and non-compliance with the Master Directions on KYC
Sat, Jan 22, 2022
Shadow banking players must give utmost importance to protection of customers as it is "non-negotiable" Reserve Bank of India (RBI) Deputy Governor M Rajeshwar Rao on Friday urged the NBFC sector.
Thu, Jan 20, 2022
Reserve Bank of India (RBI) has simplified rules for the Non Banking Finance Companies or NBFCs. The banking regulator has simplified rules for the factoring business
The scam happens via an e-mail allegedly sent by RBI. The fraud email claims to offer Rs 4 crores 62 lakhs on payment of Rs 12,500.
Wed, Jan 12, 2022
RBI has released the Annual Report of the Ombudsman Schemes for the year 2020-21, which has been prepared for the nine-month period from July 1, 2020, to March 31, 2021, in alignment with the change in the financial year of the RBI from 'July-June' to 'April-March' with effect from July 1, 2020
Tue, Jan 04, 2022
Both the Payment System Operators (PSOs) had authorisation for issuance and operation of prepaid payment instruments.
Withdrawing cash from the bank ATMs has become dearer now. Banks will now be charging Rs 21 from the customers for every transaction made by them beyond the free limit. Source: PTI
Tue, Dec 28, 2021
Reserve Bank of India (RBI) has extended the restrictions as further action on the draft scheme for the takeover of the crisis-hit bank by the Delhi-based Unity Small Finance Bank (USFB) is in process
Return on assets (RoA) of SCBs improved from 0.2 per cent at end-March 2020 to 0.7 per cent at end-March 2021, aided by stable income and decline in expenditure.
The RBI said the assessment of the systemic impact of climate change on the economy and financial stability is still evolving and so are the responses of central banks and supervisors around the world.
Mon, Dec 27, 2021
The Reserve Bank of India has also appointed its Chief General Manager Yogesh K Dayal as an additional director on the board of RBL Bank.
Sun, Dec 26, 2021
RBL Bank's Vishawvir Ahuja has stepped down as MD & CEO of the bank, and the bank has appointed Rajeev Ahuja as the interim Managing Director and Chief Executive Officer of the bank with immediate effect
Thu, Dec 23, 2021
Earlier, RBI had given a deadline of December 31 for tokenisation.
Here is this article, FAQs on Tokenisation – Card Transactions have been answered as per the information given on RBI website - rbi.org.in
After Dec 31, 2021, online merchants will not be able to store card information of users.
Fri, Dec 17, 2021
The Board also discussed various aspects relating to Central Bank Digital Currency and Private Crypto Currencies.
Wed, Dec 15, 2021
Following the ISE and examination of other documents, the RBI found contravention of its provisions relating to the pledge of shares by the PNB.
Tue, Dec 14, 2021
PCA Framework for NBFCs: In a major development, the Reserve Bank of India (RBI) on Tuesday issued the Prompt Corrective Action (PCA) Framework for Non-Banking Financial Companies (NBFCs).
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.