Notably, a high-level FSDC meeting chaired by Finance Minister Arun Jaitley discussed liquidity issues being faced by the non-banking financial compan...
Govt. Unhappy from RBI’s Deputy Gov. for Making Statements Regarding Internal Issues
A government official was quoted as saying that it was vital that what transpired between the Government in New Delhi and the RBI in Mumbai was kept c...
RBI Imposed Fine to Mandya City Co-Operative Bank for Voilating Norms to Sanctioning of Loans
The Reserve Bank of India has imposed a monetary penalty of Rs 50,000 on Mandya City Co-operative Bank Ltd., Mandya, for violating norms by sanctionin...
RBI Eases Cash Reserve Rules to Simplify Bank Liquidity
The RBI in a statement said banks could ‘carve out’ up to 15 per cent of holdings under the statutory liquidity reserves to meet their liquidity cover...
Shocking Set Back: RBI Wants Yes Bank to Find Replacement of Rana Kapoor by January 2019
"Reserve Bank of India has vide letter dated September 17, 2018 received today, intimated that Shri Rana Kapoor may continue as the MD & CEO till 31 J...
UBI, Bank of India and Maha Bank Fined By RBI for Delayed Fraud Detection
The central bank in three separate releases said it has imposed a penalty of Rs 1 crore each on the three banks of Union Bank of India (UBI), Bank of ...
RBI Approved Rana Kapoor’s Reappointment of Yes Bank’s MD
In June this year, Yes Bank's shareholders had approved the re-appointment of Rana Kapoor as the chief executive and managing director for three years...
RBI Monetary Policy: Rate Hike to Shake the Market
Hiked repo rate by 25 basis point to 6.50% compared to the previous 6.25% is the second rate hike made by RBI as in previous policy the central bank u...
RBI, Finance Ministry & SEBI Must Ensure Rupee Stability: ASSOCHAM
“We are sure, the RBI and the Finance Ministry, helped by robust foreign exchange reserves would step in at each volatility point to safeguard the mac...
RBI Eases NPA Norms Considering MSMEs’ Perspective
To give relief to MSMEs that have been affected due to implementation of the Goods and Services Tax regime, the central bank eased NPA classification ...