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 …