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The Reserve Bank asked Urban Cooperative Banks (UCBs) not to create create any honorary position or title such Chairman Emeritus

RBI imposes penalty on Co-operative Banks

RBI said it has imposed a penalty of Rs 58 lakh on Abhyudaya Co-operative Bank Limited, Mumbai for noncompliance with

As per the RBI Annual Report 21-22, settlement of claims of liquidated urban co-operative banks totaling Rs 1,225 crore and

The Reserve Bank of India set a three-year timetable for non-individual borrowers with aggregate exposures of Rs 5 crore or

RBI has laid down a set of rules for non-bank financiers on large exposures, lending to directors and sought additional

RBI expects the Indian economy to overcome losses arising out of the pandemic only by 2034-35. The output losses on

In view of difficulties being faced by exporters in getting payments from crisis-hit Sri Lanka, the RBI allowed settlement of

RBI might be more open to granting licenses to various large players and non-banks like Bajaj Finance thereby increasing competition

Monetary Policy Committee (MPC) of the RBI unanimously decided to increase the repo rate by 40 basis points (bps) in

The Reserve Bank of India is set to review the Medium Term Debt Strategy for the government with an aim