NEW DELHI : The Reserve Bank of India (RBI) has asked state governments not to transfer their deposits out of private …
Under the scanner: RBI to check if Yes Bank auditor BSR had raised red flags
MUMBAI: The Reserve Bank of India will check whether Yes Bank’s statutory auditor had raised any red flags in the past year, …
RBI tells banks to cap stake in insurance companies at 30%
MUMBAI : The Reserve Bank of India has asked lenders to cut their stakes in insurers to 30%, as the banking …
RBI proposes Rs 200 crore minimum capital for small banks under ‘on tap’ licence regime
MUMBAI: The Reserve Bank of India (RBI) on Friday proposed a minimum equity capital of Rs 200 crore to set up a small …
Allow basic savings account holders to make at least 4 withdrawals a month: RBI to banks
Mumbai: The Reserve Bank of India (RBI) on Monday said commercial banks need to offer holders of basic savings bank deposit (BSBD) accounts, …
RBI governor Shaktikanta Das bats for new rules for NBFC sector
Mumbai: In the light of recent developments in the non-banking financial company (NBFC) space, there is a case for having a …
RBI faces trouble getting banks to cut rates
Indian lenders haven’t fully passed on the central bank’s latest interest rate cut to borrowers, pressuring the monetary authority to …
Non-compliance issue: RBI imposes fine on Dena Bank, Central Bank
RBI has imposed a monetary penalty of ₹ 2 crore on Dena Bank and ₹1 crore on Central Bank of India. Dena Bank …