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2 mins read
Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley
Earlier this month, the apex bank had already issued a stern warning to the NBFC sector, discouragi…
2 mins read
RBI slaps fine of Rs 2.91 crore on Axis Bank and HDFC Bank: All details
The Reserve Bank of India has fined Axis Bank and HDFC Bank a total of ₹2.91 crore for regulatory l…
3 mins read
RBI to focus on disinflation, food inflation sticky to core, note RBI's MPC minutes
The fiftieth meeting, conducted under Section 45ZB of the RBI Act, 1934, ended with the decision to…
ANI
2 mins read
Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions
Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …
2 mins read
RBI imposes penalties on three housing finance companies for non-compliance with directions
The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies f…
ANI
1 min read
Stable, strong financial system to act as bedrock for economic progress: RBI Governor
Reserve Bank Governor Shaktikanta Das on Monday said the endeavour of the central bank would be to …
PTI
2 mins read
RBI can't ignore food inflation while setting rates, will wait for NSO to review CPI weightage: Das
"The MPC (monetary policy committee) may look through high food inflation if it is transitory; …
PTI
1 min read
HDFC gets RBI nod to acquire 9.5% stake in IndusInd Bank
The Reserve Bank of India (RBI) has approved HDFC Bank's proposal to acquire an up to 9.5 per cent …
1 min read
RBI proposes rationalising regulations on export, import transactions
The RBI on Tuesday proposed rationalising regulations that cover export and import transactions wit…
PTI
4 mins read
RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
2 mins read
RBI penalizes five banks, including PNB, for regulatory non-compliance in first week of July
The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in …
ANI
1 min read
RBI to act early to prevent any risk to India's fastest growth potential: Guv Shaktikanta Das
Reserve Bank Governor Shaktikanta Das on Thursday said India is one of the fastest growing major ec…
PTI
2 mins read
RBI Monetary Policy Meeting: Central Bank likely to keep rates steady
Reserve Bank of India Governor Shaktikanta Das will announce the outcome of the first Monetary Poli…
ANI
1 min read
RBI issues omnibus framework for recognising SROs for regulated entities
The Reserve Bank on Thursday issued an omnibus framework for recognising Self-Regulatory Organisati…
PTI
1 min read
India is building up gold reserves says RBI governor Shaktikanta Das
Reserve Bank Governor Shaktikanta Das on Friday said India has been building up gold reserves as pa…
PTI
2 mins read
Action against Paytm bank was in customers' interest: RBI
Reserve Bank of India Governor Shaktikanta Das said on Thursday that all its actions, including cer…
ANI
2 mins read
RBI to come up with unified regulatory framework on connected lending
The Reserve Bank of India (RBI) said on Friday that it will come up with a unified regulatory frame…
3 mins read
RBI curbs: JM Financial says 'no material deficiencies in loan sanctioning process'
JM Financial on Wednesday said it had a "careful and detailed review" of the Reserve Bank's order i…
PTI
1 min read
RBI asks card network to restrain unauthorised commercial payment system
The Reserve Bank of India on Thursday restrained a card network, that had an arrangement to enable …
ANI
2 mins read
Corp affairs ministry probing Chinese cos linked to loan apps; investigations at advanced stages
The corporate affairs ministry is probing various Chinese companies, especially those with links to…