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Latest Articles in rbi

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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India's Inflation Surged In Sept But Won't 'Bring Tears' To RBI: Report

If the consensus is right, inflation will come in below the RBI's medium-term target for 14 months in a row.

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SBI Lowers Rates On Non-Repo-Linked Loans By 10 BPS

"In view of the festival season and extending the benefits to customers across all segments, we have reduced our MCLR by 10 bps across all tenors," the bank said in a statement.

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India Inc Welcomes RBI Move; Says Rate Cut Will Spur Growth

The industry emphasised that it was now critical for banks to facilitate a faster transmission of rate cuts.

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Rupee Pares Early Gains Post RBI Rate Cut

Moreover, foreign fund outflows, heavy selling in domestic equities and rising crude oil prices also kept pressure on the Indian rupee.

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RBI Cuts Repo Rate By 0.25 Per Cent To Support Growth

The repo rate has been brought down to 5.15 per cent to help reduce borrowing costs for home and auto loans.

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Rupee Rises 9 Paise To 70.78 Vs $ In Early Trade Ahead Of RBI Policy Decision

The RBI's Monetary Policy Committee (MPC) is slated to announce its fourth bi-monthly policy decision for this fiscal later in the day.

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Sensex Jumps Over 250 Points Ahead Of RBI Policy Outcome

The 30-share index was trading 258.60 points, or 0.68 per cent, higher at 38,365.47. Similarly, the broader NSE Nifty spurted 70.00 points, or 0.62 per cent, to 11,384.00.

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Many More Structural Reforms In Offing To Propel Growth: Kant

I think many more structural reforms are in the offing. The government has pushed for disinvestment, said the Niti Aayog CEO.

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