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.
Wed, Nov 22, 2023
RBI Governor Shaktikanta Das reiterated that the top priority of the Monetary Policy Committee (MPC) priority is inflation over growth and to drain out excess liquidity from the system.
Thu, Sep 30, 2021
Bank loans to agriculture and allied activities continued to perform well, registering an accelerated growth of 11.3 per cent in August 2021, as against 4.8 per cent in August 2020, the data showed
Wed, Sep 29, 2021
The Reserve Bank of India (RBI) released a list of bank holidays every month and for the month of October there are twenty-one days when public and private banking operations will remain closed.
Tue, Sep 28, 2021
Upscaling of supporting infrastructure like RTGS and NEFT to be available round-the-clock not only improves choices for customers and businesses alike, they enhance the availability to non-banks and reduce settlement risk of satellite payments systems, RBI Deputy Governor T Rabi Sankar said
Mon, Sep 27, 2021
“This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers,” RBI release said
Fri, Sep 24, 2021
The provisions of the direction are applicable to banks, all non-banking finance companies (NBFCs), including housing finance companies (HFCs), NABARD, NHB, EXIM Bank, and SIDBI.
Thu, Sep 23, 2021
It further said that on a review of current liquidity conditions, the Reserve Bank of India has decided to conduct a simultaneous sale of government securities under Open Market Operations (OMO) for an aggregate amount of 15,000 crore on the same day
Sun, Sep 19, 2021
RBI has said NBFCs, Payment System Providers and Payment System Participants desirous of obtaining Aadhaar Authentication License - KYC User Agency (KUA) License or sub-KUA License, may submit their application to the central bank for onward submission to Unique Identification Authority of India (UIDAI)
Thu, Sep 16, 2021
"In August, we believe that India passed a turning point which consolidates and thrives come September," said the article authored by a team lead by RBI Deputy Governor Michael Debabrata Patra.
The Reserve Bank of India (RBI) in a letter dated September 15, 2021, has approved the constitution of 'Special Committee of Directors' with three independent directors as its members, Ujjivan SFB said in a regulatory filing on Thursday
Tue, Sep 14, 2021
The Reserve Bank of India (RBI) on Tuesday issued a warning, informing the general public against recent upticks in fraudulent activity.Even after that, why are these kind of cases increasing? To find out, watch this report.
This will allow users of each of the two fast payment systems to make instant, low-cost fund transfers on a reciprocal basis without a need to get onboarded onto the other payment system
Mon, Sep 13, 2021
RBI has also informed that the process of periodic updation of KYC has been simplified to a large extent in a circular dated May 10, 2021.
Sat, Sep 11, 2021
The Reserve Bank of India (RBI) has extended restrictions on People`s Co-operative Bank Limited, Kanpur, for a further period of three months from September 11 to December 10.
Fri, Sep 10, 2021
For the week ended September 3, the increase was on account of a rise in foreign currency assets, a major component of the overall reserves, RBI weekly data released on Friday showed.
Thu, Sep 09, 2021
RBI Governor Shaktikanta Das on Thursday said many fast indicators are showing an uptick in economic activity and the Reserve Bank is quite optimistic about its 9.5 per cent GDP growth estimate for FY2021-22 at present.
Wed, Sep 08, 2021
The restrictions disable banks in several ways to lend freely and force them to operate under a restrictive environment that turns out to be a hurdle to growth.
Tue, Sep 07, 2021
For transaction tracking and/or reconciliation purposes, entities can store limited data – last four digits of actual card number and card issuer’s name – in compliance with the applicable standards, an RBI directive said
Tue, Aug 31, 2021
The two companies have applied under the RBI's on-tap licensing guidelines released by the central bank in December 2019.
Thu, Aug 26, 2021
The Reserve Bank of India (RBI) has on Wednesday said it has imposed a penalty of Rs 15 lakh on The Baghat Urban Co-operative Bank Limited, Solan, for violation of certain norms, including, those related to NPA classification, a PTI report said.
Wed, Aug 18, 2021
The RBI article was referring to the IPO of Zomato which got oversubscribed 38 times.
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