RBI,

HDFC Bank MD explains tech glitches in letter to employees; says working with regulator to overcome situation

HDFC Bank MD explains tech glitches in letter to employees; says working with regulator to overcome situation

HDFC Bank’s managing director and CEO, Sashidhar Jadgishan explained the bank’s recent technology glitches in a letter to its 1.16 lakh e...Read More

RBI sets up panel to review working of ARCs

RBI sets up panel to review working of ARCs

The RBI on Monday set up a committee to undertake a comprehensive review of the working of asset reconstruction companies (ARCs) in the f...Read More

West Bengal-based United Cooperative Bank will continue to be under RBI’s radar

West Bengal-based United Cooperative Bank will continue to be under RBI’s radar

Banking regulator Reserve Bank of India has issued a direction suggesting that West Bengal-based United Co-operative Bank Limited will co...Read More

NBFCs seek extension of MSME restructuring scheme till March 2022

NBFCs seek extension of MSME restructuring scheme till March 2022

In February last year, the Reserve Bank had permitted one-time restructuring of existing MSME advances, classified as 'standard' without ...Read More

Future Retail lenders approve restructuring of existing debts; plan to be sent to Kamath panel for approval

Future Retail lenders approve restructuring of existing debts; plan to be sent to Kamath panel for approval

The restructuring plan would now be forwarded for approval to an expert committee, formed by RBI under the chairmanship of K V Kamath, Fu...Read More

RBI sets up RRA to streamline regulations and reduce compliance

RBI sets up RRA to streamline regulations and reduce compliance

The Reserve Bank on Thursday set up the second Regulatory Review Authority (RRA 2.0) with a view to streamlining regulations and reducing...Read More

8 entities apply under RBI's on tap licensing for setting up banks; Flipkart's co-founder Sachin Bansal has a stake in one of those entities

8 entities apply under RBI's on tap licensing for setting up banks; Flipkart's co-founder Sachin Bansal has a stake in one of those entities

The Reserve Bank on Thursday said it has received four applications each under the guidelines for 'on tap' licensing of universal banks a...Read More

RBI receives 8 applications for setting up banks under 'on tap' licensing

RBI receives 8 applications for setting up banks under 'on tap' licensing

UAE Exchange and Financial Services Limited, The Repatriates Cooperative Finance and Development Bank Limited (REPCO Bank), Chaitanya Ind...Read More

Online money transfer to be hit: All banks’ RTGS service will not function this coming Sunday

Online money transfer to be hit: All banks’ RTGS service will not function this coming Sunday

Coming Sunday (April 18, 2021), real-time gross settlement (RTGS) will not be available from 12 am to 2 pm, stated the Reserve Bank of In...Read More

RBI's advice to banks, new vaccine and rising unemployment -Three things Teji Mandi investors should know on April 13, 2021

RBI's advice to banks, new vaccine and rising unemployment -Three things Teji Mandi investors should know on April 13, 2021

RBI governor's advice to banks: Reserve Bank of India (RBI) Governor Shaktikanta Das has advised banks to maintain the credit flow despit...Read More

RBI to hold interest rates through FY22: Report

RBI to hold interest rates through FY22: Report

Fitch Solutions sees RBI keeping benchmark interest rates unchanged during the fiscal to March 2022 following its decision to buy Rs 1 la...Read More

Teji Mandi Explains: RBI MPC extends support to stressed sectors

Teji Mandi Explains: RBI MPC extends support to stressed sectors

The RBI has continued to provide monetary support to the market as it dished out a friendly policy. In today's feature, we discuss the me...Read More

Luxury housing, growing digitalization, and warning for Franklin Templeton’s investors: Three things Teji Mandi investors should know on April 8, 2021

Luxury housing, growing digitalization, and warning for Franklin Templeton’s investors: Three things Teji Mandi investors should know on April 8, 2021

Growing Demand for Luxury Housing Luxury housing sales in India’s seven major markets went up 21% in February to 8,219 units from 6,786 u...Read More

RBI puts in place G-SAP for orderly functioning of G-Sec market

RBI puts in place G-SAP for orderly functioning of G-Sec market

RBI said the endeavour through the programme will be to ensure congenial financial conditions for the recovery to gain traction.

Put in place policy to refund 'interest on interest' charged during moratorium: RBI to banks

Put in place policy to refund 'interest on interest' charged during moratorium: RBI to banks

As part of the COVID-19 regulatory package, the RBI had allowed lending institutions to grant a moratorium on payment of instalments of t...Read More

RBI MPC, inflation target, and slower pace of growth for services: Three things Teji Mandi investors should know on April 7, 2021

RBI MPC, inflation target, and slower pace of growth for services: Three things Teji Mandi investors should know on April 7, 2021

RBI MPC Delivers No Negative Surprises The RBI Monetary Policy Committee (MPC) in its first meeting of FY22 has kept interest rates uncha...Read More

Sensex rallies 460 points, Nifty reclaims 14,800 after RBI holds rates

Sensex rallies 460 points, Nifty reclaims 14,800 after RBI holds rates

Equity benchmark Sensex rallied 460 points on Wednesday after the RBI expectedly left interest rates unchanged and maintained an accommod...Read More

RBI extends priority sector classification for bank loans to NBFCs again

RBI extends priority sector classification for bank loans to NBFCs again

In August 2019, the Reserve Bank of India (RBI) had permitted banks to classify lending to registered non-banking finance companies (NBFC...Read More

Customers of payment banks can keep up to Rs 2 lakh of balance

Customers of payment banks can keep up to Rs 2 lakh of balance

During the monetary policy announcement, RBI Governor Shaktikanta Das stated that small payments bank can now allow individual customers ...Read More

Repo rate to remain unchanged, says RBI Governor Shaktikanta Das

Repo rate to remain unchanged, says RBI Governor Shaktikanta Das

The monetary policy committee (MPC) voted unanimously to keep the repo rate unchanged, stated RBI Governor Shaktikanta Das. He stated the...Read More

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