Search For "rbi"
RBI supersedes Board of Directors of Abhyudaya Cooperative Bank for 12 mon
Updated : 14 hours, 55 min ago IST
The action against the Abhyudaya Cooperative Bank Ltd was needed due to "certain material concerns emanating from poor governance standards" observed in the bank.
Read More
RBI's vigilance: New consumer credit norms to bolster India's financial st
Updated : 22 hours, 34 min ago IST
The central focus of the regulatory adjustments is to mandate banks and NBFIs to allocate more capital against unsecured consumer credit.
Read More
Stock market ends on a red note amidst fluctuations; RBI governor highligh
Updated : 1 day, 17 hours ago IST
The Sensex marked a 5.43-point downturn, closing at 66,017.81, while the Nifty followed suit with a 9.85-point decline, settling at 19,802.00. Among Nifty companies, 25 witnessed advances, while 25 faced declines.
Read More
Banks, NBFCs must stress test their books, suggests RBI Governor
Updated : 2 days, 19 hours ago IST
Reserve Bank of India governor Shaktikanta Das on Wednesday once again called upon banks and non-banking financial companies (NBFCs), among other financial entities to continue to do stress testing of their books.
Read More
UGRO Capital to remain unaffected after RBI tighten norms
Updated : 2 days, 21 hours ago IST
New Delhi [India], November 22: After the Reserve Bank of India (RBI) tightened norms for consumer credit, the DataTech driven dedicated MSME lender UGRO Capital said that with its diversified lender base, strong co- lending partnerships and focus on priority sector led MSME, they do not exp
Read More
RBI imposes monetary penalty on Sangli Sahakari Bank Limited, Mumbai
Updated : 4 days, 10 hours ago IST
The penalty has been imposed in the exercise of powers conferred on RBI under the provisions of the Banking Regulation Act, 1949
Read More
RBI's regulatory move: S&P Global Ratings forecasts 60 basis points de
Updated : 1 week ago IST
According to S&P Global Ratings, these actions include a substantial increase in risk weights on unsecured personal loans, credit cards, and loans to nonbank finance companies (NBFCs), aiming to curb riskier lending practices and bolster overall financial stability.
Read More
RBI bulletin unveils economic insights: Global slowdown, monetary expectat
Updated : 1 week, 1 day ago IST
According to the RBI bulletin, the Global economy shows signs of a slowdown, with manufacturing lagging and services sector growth reaching a plateau.
Read More
RBI orders Bajaj Finance to stop disbursing loans via 'eCOM' and 'Insta EM
Updated : 1 week, 2 days ago IST
In a statement, the RBI said the company did not adhere to the digital lending guidelines under these two lending products.
Read More
Indian stocks firm after US reports softer-than-expected inflation
Updated : 1 week, 2 days ago IST
Indian stocks were off to a positive start Wednesday, tracking firm overnight cues from the US markets after softer-than-expected US inflation data supported the view that its central bank may be done raising interest rates.
Read More
"India has become new engine of global growth with young demography" says
Updated : 2 weeks, 1 day ago IST
Das said, "The global economy continues to face multiple macroeconomic and geopolitical shocks. The prediction of a global recession has not come true but there are indications that global growth is slowing down amid tightening financial conditions and still elevated inflation. Even as the f
Read More
Long queue outside RBI Chandigarh branch to deposit, exchange Rs 2,000 not
Updated : 3 weeks ago IST
After commercial banks stopped accepting Rs 2000 banknotes, people have now started lining up in 19 offices of the Reserve Bank of India (RBI) to exchange their high-denomination notes.
Read More