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RBI extends restrictions on Millath Co-op Bank by 3 months

Mumbai, May 8 | The Reserve Bank of India (RBI) has extended the restrictions on Karnataka-based Millath Co-operative Bank by three months, till August...

RBI’s Regulations Review Authority sets up advisory group

Mumbai, May 7 | The Regulations Review Authority of the Reserve Bank of India (RBI) has constituted an advisory group to support it.The group...

‘RBI liquidity window can augment healthcare infra’

Mumbai, May 7 | The Rs 50,000 crore liquidity window offered by the Reserve Bank of India (RBI) to banks under priority-sector lending to...

RBI eases KYC compliance; extends video KYC to new customers

Mumbai, May 5 | The Reserve Bank of India did not stop at providing liquidity enhancement measures to tackle the current economic strain unleashed...

RBI relaxes Overdraft (OD) facility for states to aid fight Covid

Mumbai, May 5 | To enable the State Governments to better manage their fiscal situation in terms of their cash-flows and market borrowings, the...

RBI announces 2nd round of loan restructuring for MSMEs, individuals

Mumbai, May 5 | The Reserve Bank of India has announced another round of loan restructuring for MSMEs, small businesses and individuals with aggregate...

RBI Relief: Liquidity support unleashed to suppress Covid turbulence (Ld)

Mumbai, May 5 | India's Reserve Bank has initiated several liquidity boosting measures to combat economic turbulence unleashed by the resurgence of Covid-19.In virtual...

RBI announces Rs 50K cr liquidity window for Covid-related health services

Mumbai, May 5 | As the county's healthcare system reels under the severe Covid crisis, the Reserve Bank of India (RBI) on Wednesday...

Equity indices in green as RBI Guv announces liquidity measures

Mumbai, May 5 | The key Indian equity indices traded on a positive note on Wednesday as the RBI Governor announced few measures to...

RBI unleashes liquidity support to suppress Covid induced turbulence

Mumbai, May 5 | India's Reserve Bank will initiate measures to combat economic turbulence unleashed by the resurgence of Covid-19.In virtual address, RBI Governor...

RBI Governor meets MD, CEOs of small finance banks

Mumbai, April 30 | The Reserve Bank of India on Friday held a meeting with heads of small finance banks on credit flows to...

RBI to conduct OMOs worth Rs 10K cr on May 6

Mumbai, April 29 | To pump up liquidity, the Reserve Bank of India will conduct a one-day 'Open Market Operations' on May 6 to...

Implement norms for statutory auditors in next fiscal, FIDC to RBI

Mumbai, April 28 | The Finance Industry Development Council (FIDC) has urged the Reserve Bank of India (RBI) to implement the new norms regarding...

Imagindia calls on RBI to delay ban on Amex, Diners Club

New Delhi, April 28 | Independent think-tank Imagindia Institute has called upon the Reserve Bank to delay the ban on Amex, Diners Club.Recently, the...

NBFC body urges RBI to allow loan restructuring (Lead)

Mumbai, April 27 | The Finance Industry Development Council (FIDC) has written to the Reserve Bank of India (RBI) seeking permission to restructure loans...

NBFC body urges RBI to allow loan restructuring

Mumbai, April 27 | The Finance Industry Development Council (FIDC) has written to the Reserve Bank of India (RBI) seeking permission to restructure loans...

Banks require prior RBI nod for appointment of statutory auditors

Mumbai, April 27 | Commercial banks will have to take prior approval of the Reserve Bank of India (RBI) for appointment of Statutory Central...

RBI imposes restrictions on American Express, Diners Club (Ld)

Mumbai, April 23 | The Reserve Bank of India (RBI) has imposed restrictions on American Express Banking Corp and Diners Club International Ltd from...

RBI imposes restrictions on American Express, Diners Club

Mumbai, April 23 | The Reserve Bank of India (RBI) has imposed restrictions on American Express Banking Corp and Diners Club International Ltd from...

RBI directs banks to halve dividend payouts amid 2nd Covid wave

Mumbai, April 23 | The Reserve Bank of India (RBI) has directed the banks to restrict dividend payouts to 50 per cent in a...

Supreme Court rejects stay of Telangana Judgment on Fraud Classification as...

New Delhi, April 19 | In a setback to SBI and RBI, the Supreme Court has refused to stay the judgment dated December 10,...

RBI sets up new Regulations Review Authority

Mumbai, April 15 | The Reserve Bank of India (RBI) has set up a new Regulations Review Authority (RRA 2.0) for a period of...

RBI received 8 applications to set up universal, small finance banks

Mumbai, April 15 | The Reserve Bank has received eight applications for acquiring 'on tap' licenses to set up universal banks and small finance...

Yogi opts for RBI’s e-Kuber system for payment disbursement

Lucknow, April 9 | To ease government transactions and improve transparency and efficiency, the Yogi Adityanath government has decided to implement the e-Kuber system...

Policy support: RBI MPC retains accommodative stance, rates (Roundup)

Mumbai, April 7 | To support a faster economic recovery amid a resurgence of Covid-19 cases, the Reserve Bank of India on Wednesday retained...

RBI move boosts markets, banking stocks rise (Roundup)

Mumbai, April 7 | India's benchmark equity indices rose on Wednesday as the Reserve Bank decided to retain its key short-term lending rates...

RBI asks banks to put in place policy to refund ‘interest...

Mumbai, April 7 | The Reserve Bank of India (RBI) has directed all banks and NBFCs to immediately put in place a board-approved policy...

Rupee slips on RBI’s dovish stance, loose policy

New Delhi, April 7 | The RBI's stance on maintaining an ultra-loose monetary policy, along with liquidity infusion amidst rising Covid cases, weakened Indian...

Realtors expected more from RBI MPC

The RBI has maintained its accommodative stance until it sees an appropriate time to drive economic growth without jeopardizing its key goal of taming...

RBI to constitute committee for review of ARC working

Mumbai, April 7 | The Reserve Bank of India (RBI) has proposed to constitute a Committee to undertake a comprehensive review of the working...

RBI decides to open up RTGS, NEFT for payment system operators

Mumbai, April 7 | In a major move in the online payments segments, the Reserve Bank of India (RBI) has decided to allow payment...

Inflation focused RBI now moves to absorb excess liquidity

Mumbai, April 7 | With an eye on inflation and surplus liquidity in the system, the RBI on Wednesday decided to conduct variable rate...

RBI announces Rs 50,000 cr for NABARD, NHB, SIDBI

Mumbai, April 7 | In a liquidity boost to all-India financial institutions such as NABARD and National Housing Bank (NHB), the Reserve Bank of...

RBI extends ‘TLTRO on Tap’ scheme by 6 months

Mumbai, April 7 | The Reserve Bank on Wednesday decided to extend the 'TLTRO on Tap' liquidity scheme till September 30.The scheme provides liquidity...

RBI Guv calls for coordinated action to give tax relief on...

Mumbai, April 7 | Reserve Bank of India Governor Shaktikanta Das on Wednesday put onus on both Centre and the States to ensure that...

CPI inflation for April-June seen at 5.2%: RBI

Mumbai, April 7 | The Reserve Bank of India (RBI) has pegged retail inflation for the Apri-June quarter of the current financial year at...

Policy support: RBI MPC retains accommodative stance, rates

Mumbai, April 7 | To support a faster economic recovery amid the surge in Covid-19 cases, the Reserve Bank retained its key short-term lending...

Sensex in green ahead of RBI’s monetary policy announcement

Mumbai, April 7 | The key Indian equity indices traded in the green on Wednesday morning ahead of the Reserve Bank of India's monetary...

India retains RBI’s retail inflation target band

New Delhi, March 31 | India has retained the Reserve Bank's retail inflation target band of 2-6 per cent under the 'Flexible Inflation Targeting'...

RBI extends restrictions on PMC Bank till June 30

Mumbai, March 26 | The Reserve Bank of India (RBI) on Friday extended the restrictions on the withdrawal and deposits in the scam-hit Punjab...

RBI flags major concerns over cryptocurrency

New Delhi, March 25 | Reserve Bank of India Governor Shaktikanta Das on Thursday said that the central bank has flagged major concerns over...

FY22 growth estimate of 10.5% need not be revised: RBI Guv

New Delhi, March 25 | Showing confidence on India economic recovery, Reserve Bank of India Governor Shaktikanta Das said that the growth projection of...

RBI names SEAC members, former Deputy Governor Gopinath at head

Mumbai, March 22 | The Reserve Bank's committee for evaluating applications for universal as well as small finance banks will be chaired by its...

‘Yield tandav’: RBI forewarns against ‘Bond Vigilantes’ (Lead)

Mumbai, March 19 | The Reserve Bank of India on Friday warned against 'Bond Vigilantes' as they could undermine recovery, unsettle financial markets and...

RBI nod before foreign national transacting in real estate mandatory: SC

New Delhi, March 17 | The Supreme Court has held that the condition predicated in Section 31 of the 1973 Act of obtaining "previous"...

RBI approves Piramal Group’ proposed takeover of DHFL

Mumbai, Feb 18 | The Reserve Bank of India (RBI) has approved the takeover of Dewan Housing Finance Corporation Ltd (DHFL) by Piramal Group.The...

Finance Minister addresses the Central Board of RBI Directors

New Delhi, Feb 16 | The 587th meeting of the Central Board of Directors of Reserve Bank of India was held under the...

RBI tightening supervision of largest NBFCs to avoid systemic spillovers: Moody’s

New Delhi, Feb 8 | India's risk-based internal audit requirement for non-banking finance companies is credit positive, Moodys Investors Service said.The Reserve Bank of...

Business

UN report predicts stronger world economic growth

United Nations, May 12 | A UN report has revised up the world economic growth as a result of robust rebounds in China and...