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RBI doubles bullet repayment gold loan limits for urban co-op banks to Rs 4 lakh
The Reserve Bank of India on Friday announced doubling the lending limits for gold loans under the …
PTI
RBI found excessive dominance by 1-2 board members even in big commercial banks: Das
Reserve Bank Governor Shaktikanta Das on Monday said the central bank has noticed "excessive domina…
PTI
RBI imposes first-of-its-kind penalty on AP Mahesh co-op bank for cyber security violations
The Reserve Bank of India (RBI) has imposed a penalty of Rs 65 lakh on AP Mahesh Co-operative Urban…
PTI
RBI imposes penalties on nine cooperative banks for violating compliances
Those banks are The Berhampur Cooperative Urban Bank, The Kendrapara Urban Co-operative Bank , The …
ANI
On the right track — Economic Survey 2023-24 outlines India’s commendable climate action
India's Economic Survey 2023-24 showcases remarkable progress in combating climate change and promo…
Not comfortable with NPAs in urban co-op banks says RBI, asks lenders to focus on governance
RBI Governor Shaktikanta Das on Monday said the central bank is "not comfortable" with the gross no…
PTI
India could emerge as an economic superpower amid dull global economic landscape
IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…
ANI
Capital Small Finance Bank IPO to open on Feb 7, sets price band at ₹445-468/sh
The initial public offer of Capital Small Finance Bank will open on February 7 and close on Februar…
RBI's new cybersecurity guidelines are pushing India's 1,574 urban cooperative banks to bring digital services up to snuff
India's central bank has announced that it's going to bring in more cybersecurity guidelines for ur…
RBI revises exposure limits for urban cooperative banks to single, group borrowers
"On a review, it has been decided that the prudential exposure limits for UCBs for a single borrow…
PTI
Unclaimed deposits of Rs 48,461 crore transferred to Depositor Education & Awareness Fund
ED has further informed that as on August 2, 2023, proceeds of crime of fugitive economic off…
PTI
RBI to supervise cooperative banks — they will adhere to the same rules as other scheduled banks in India
The Union Cabinet has decided to bring all cooperative banks under the supervision of the Reserve B…
India signs $50 million defense LoC agreement to boost maritime capabilities of Maldives
Jaishnakar, who is here on a two-day visit, held a "cordial meeting" with the Defense Minist…
PTI
RBI union calls for tighter supervision of cooperative banks
The union further said, "RBI must initiate on-site supervision and inspection of these small and m…
PTI
All cooperative banks to come under RBI supervision
The decision assumes significance in the wake of a scam in the Punjab and Maharashtra Cooperative (…
PTI
Rajya Sabha passes Banking Amendment Bill 2020 bringing cooperative banks under RBI's umbrella
"During the COVID period, many cooperative banks have come under stress. 277 urban cooperative b…
New India Co-operative Bank shareholders approve conversion to small finance bank
Mumbai, Jan 20 () The New India Co-operative Bank (NICB) on Monday said its shareholders have decid…
PTI
India has well-regulated and well-supervised banking sector: RBI Governor
Reserve Bank of India Governor Shaktikanta Das on Friday gave a thumbs up to the country's banking …
Scam-hit PMC bank depositors are inspired by Shaheen Bhag protests
Scam-hit PMC Bank's depositors from Delhi staged a protest outside the Reserve bank of India here o…
PTI
President promulgates ordinance to bring co-operative banks under RBI supervision
"The Ordinance also amends Section 45 of the Banking Regulation Act, to enable making of a scheme …