Man arrested in Chennai for opening ‘bank’ with forged RBI permission
Police in Chennai have arrested a person for forging RBI permission certificate for running a bank in different parts of
Read more
rbi
RBI imposes penalties on nine cooperative banks for violating compliances
The Reserve Bank of India has imposed monetary penalties on nine cooperative banks on account of various contraventions or non
Read more
Credit card count dips by 23L on RBI rule
The total number of credit cards declined by 22.6 lakh on a net basis in August this year to 7.8
Read more
RBI raises repo rate by 50 bps to 3-year high
The six-member Monetary Policy Committee (MPC) of the RBI has decided to increase the policy repo rate by 50 basis
Read more
RBI ban on M&M recovery agents
The RBI barred Mahindra & Mahindra Financial Services from appointing any agents for recovery or repossession. The move comes in
Read more
RBI releases ‘alert list’ of 34 entities barred from forex trades
After receiving repeated enquiries on the authorisation status of certain electronic trading platforms for foreign exchange transactions, the Reserve Bank
Read more
RBI tightens disclosure norms on NPA divergence
Norms that applied to commercial banks on disclosing divergence in asset classification and provisioning will hold good for urban cooperative
Read more
RBI raises repo rate by 50 bps to 3-year high
The six-member Monetary Policy Committee (MPC) of the RBI has decided to increase the policy repo rate by 50 basis
Read more
Idea to link all credit cards with UPI: RBI ED
Reserve Bank of India (RBI) has started linking credit cards with Unified Payments Interface (UPI) and RuPay credit cards, and
Read more
RBI ban on M&M recovery agents
The RBI barred Mahindra & Mahindra Financial Services from appointing any agents for recovery or repossession. The move comes in
Read more