You Searched For "new rbi norms" and got 20 results
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1 min read
RBI extends deadline for periodic KYC update by three months till March 31, 2022
"In view of the prevalent uncertainty due to new variant of COVID-19, the relaxation provided i…
PTI
2 mins read
RBI refuses exceptions on CRR, SLR; gives some leeway on PSL, investments for merger: HDFC Bank
The Reserve Bank of India (RBI) has refused to grant any exceptions on cash reserve ratio (CRR) and…
PTI
2 mins read
RBI revises guidelines on how much to pay a private bank CEO and executives in India— including foreign banks
India's banking regulator issued revised guidelines on compensation for CEOs, whole-time directors,…
3 mins read
Measures taken by IIFCL to keep bad loans under check: Parliamentary panel
The company has put in place a Board approved Management Policy which lays out the Directives…
PTI
1 min read
RBI new asset recognition norms credit negative for banks: Moody's
It said the revisions of the date of DCCO and consequential shift in repayment schedule for equal …
PTI
3 mins read
Customer protection 'guiding light' of revamped microfinance regulations, says RBI deputy governor
Reserve Bank of India’s (RBI) deputy governor M Rajeshwar Rao on Friday outlined several measures i…
1 min read
Bandhan Bank promoter sells 21% stake to meet RBI norms
Post the deal, the holding company's stake in the bank is at 40 per cent, the bank said in a reg…
1 min read
RBI relaxes overdraft facility norms for states, UTs
In order to provide greater flexibility to the state governments to tide over their cashflow misma…
PTI
2 mins read
Digital lending platforms see 3x year-on-year rise in disbursals to ₹14,016 crore in Q2 FY23
Fintechs issuing digital loans witnessed an over three-fold disbursal growth in Q2. The number and …
2 mins read
ADB, Wabag sign USD 25 mn debt facility for sanitation, water security in India
Water treatment player Va Tech WABAG Ltd has signed an agreement with Asian Development Bank to rai…
PTI
8 mins read
Improving workplace decorum – ‘RBI’s recommendations can be seen as onerous but we have to move in that direction,’ says Yes Bank’s CEO
CEO of Yes Bank, Prashant Kumar, has stated that if a bank wants to be customer-centric, it also ne…
2 mins read
RBI needs to further relax IRAC norms to protect financial system
"The announcement of excluding moratorium period from 90-day NPA period will prove to be a relaxati…
PTI
1 min read
RBI bars Mastercard from issuing new cards from July 22
The RBI, however, clarified that its supervisory action will not impact the services of the …
PTI
2 mins read
From increased premium payments to getting seven midnight calls, users vent on social media against RBI’s new auto-debit rules
A user complains that he will have to re-authenticate all the recurring payments. Another…
3 mins read
The road to being classified a bad loan just got longer with RBI’s relaxation
While these businesses need more lending, those who generally lend to them - non-banking finan…
1 min read
RBI slaps Rs 5 lakh fine on UCO Bank for violating govt bond holding norms
A subsidiary general ledger (SGL) account is maintained with the RBI for holding government securit…
PTI
1 min read
RBI removes ban on Diners Club International while restriction on Mastercard, American Express continues
The Reserve Bank of India (RBI) has lifted a ban on payment system operator Diners Club Internation…
2 mins read
Finance Minister assures employment and salary at Yes Bank at least for one year
Within a day after superseding Yes Bank’s board, the Reserve Bank of India (RBI) released a new s…
2 mins read
Burger King says it wants to shut down its 800 restaurants in Russia but can't
Burger King's franchising agreement means it does not have unilateral control of Russian operations.
Mary Meisenzahl
1 min read
RBI tells retailers not to hesitate in depositing cash; relaxes withdrawal norms
In a notification, the RBI stated: "certain depositors are hesitating" to deposit their monies into…