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Latest Articles in rbi

RBI Becomes Net Buyer Of Dollars In Sept, Bought $ 5.61 Billion

RBI purchased USD 6.514 billion and sold USD 900 million in the spot market, according to a recent RBI data.

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No Levying Of Charges On NEFT Payment From January: RBI To Banks

RBI has also proposed that FAS Tags would be enabled to pay for parking fee and even at fuel stations.

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India’s Inflation Probably Breached RBI Target Last Month: Report

Vegetable prices, particularly that of onions and tomatoes, will contribute significantly to the rise in inflation.

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Nirmala Sitharaman Reviews State Of Economy At FSDC Meeting

RBI and other regulators are looking at financial at it holistically, he said when asked about stress in the financial sector.

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PMC Depositors Gather Outside RBI Delhi, Demand Assurance From Central Bank

On Tuesday, the RBI increased the withdrawal limit from the bank's customers to Rs 50,000.

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What Steps Taken To Help PMC Bank Depositors, HC Asks RBI

The Enforcement Directorate is investigating the case and has attached the assets of HDIL promoters.

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Over 3,400 Branches Of 26 PSBs Closed Or Merged In Last 5 Years: RTI

The RTI information came out at a time when the Centre is planning to consolidate 10 PSBs into four mega state-owned lenders.

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Singapore-Based DBS Bank May Acquire 51% Stake In Yes Bank

As per the reports, the Government of Singapore is negotiating with PMO and RBI for DBS to acquire 51 per cent stake in Yes Bank.

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Sebi Tightens Norms For Listed Banks On Bad Loan Disclosures

The decision has been taken in consultation with the RBI, the Sebi said in a circular.

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RBI Imposes Monetary Penalty On Bandhan Bank

RBI stated that this action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank.

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RBI May Cut Rates In December: Report

A modest overshoot in recent inflation outruns is outweighed by downside risks to RBI's growth estimates.

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PMC Bank Scam: Worried Over Son-In Laws's Money Stuck In Bank, Woman Dies Of Heart Attack

The depositor has a savings of Rs 2.5 crores with the bank and is now not able to withdraw due to Reserve Bank of India's (RBI) imposition.

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RBI Imposes Rs 1 Crore Fine On LVB, Rs 75 Lakh On Syndicate Bank For Violating Norms

This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act 1949, the central bank said in a statement late on Monday.

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RBI Denies Bank Of Maharashtra Proposal For Setting Off Rs 7,360 Cr Losses

The Bank's board and shareholders approved setting off losses against the balance lying in share premium account and revenue reserve account of bank.

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PMC Bank: Sitharaman Faces Protesters; Promises Legislation

The depositors had gathered outside the BJP's office here ahead of FM Nirmala Sitharaman's scheduled press interaction.

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