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RBI asks state govts not to move deposits out of private banks Eric Banking March 13, 2020 0NEW 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 Eric Banking March 11, 2020 0MUMBAI: 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% Eric Insurance December 29, 2019 0MUMBAI : 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 Eric Banking September 14, 2019 0MUMBAI: 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 Eric News June 11, 2019 0Mumbai: 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 Eric Banking June 9, 2019 0Mumbai: 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 Eric Banking March 11, 2019 0Indian 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 Eric Banking March 3, 2019 0RBI has imposed a monetary penalty of ₹ 2 crore on Dena Bank and ₹1 crore on Central Bank of India. Dena Bank...
