Reserve Bank of India,

RBI cancels Voda m-pesa's certificate of authorisation

RBI cancels Voda m-pesa's certificate of authorisation

Mumbai: The Reserve Bank of India cancelled the Certificate of Authorisation (CoA) of Vodafone m-pesa after its voluntary surrender of au...Read More

RBI issues new rules: How your credit and debit cards will get more secure

RBI issues new rules: How your credit and debit cards will get more secure

Soon your credit and debit cards will be more secure. The Reserve Bank of India (RBI) has issued new rules for debit and credit cards to ...Read More

Michael Debabrata Patra appointed as RBI Deputy Governor for 3 years

Michael Debabrata Patra appointed as RBI Deputy Governor for 3 years

He will be the fourth deputy governor of the RBI. The post was lying vacant after Viral V Acharya had resigned from the post in June last...Read More

Dec inflation may have breached RBI target in Dec: Poll

Dec inflation may have breached RBI target in Dec: Poll

Bengaluru: According to an exclusive poll by Reuters, increase in vegetable prices has probably pushed retail inflation to its highest i...Read More

Kochhar's sacking was legal, RBI tells Bombay HC

Kochhar's sacking was legal, RBI tells Bombay HC

Mumbai: The Reserve Bank of India (RBI) on Wednesday justified its 'sanction' to sack Chanda Kochhar, former managing director (MD) and c...Read More

RBI finds Punjab National Bank under-reported bad loans by Rs 2,617 crore in FY19

RBI finds Punjab National Bank under-reported bad loans by Rs 2,617 crore in FY19

In a regulatory filing on Saturday, PNB said the divergence in gross non-performing assets (NPAs) assessed by the central bank stood at R...Read More

Das in talks with PSBs bank heads

Das in talks with PSBs bank heads

Mumbai: Reserve Bank of India Governor Shaktikanta Das met man-aging directors and chief executive officers of major public sector banks ...Read More

DICGC collected total premium payment of Rs 88,523 cr from banks

DICGC collected total premium payment of Rs 88,523 cr from banks

New Delhi: The Deposit Insurance and Credit Guarantee Corporation (DICGC) has collected Rs 88,523 crore as premium from banks, and the to...Read More

SBI under-reported bad loans by Rs. 11,932 crore in FY19, says RBI

SBI under-reported bad loans by Rs. 11,932 crore in FY19, says RBI

As per the assessment done by the RBI, the gross NPA of the SBI was 11,932 crore more at Rs 1,84,682 as against Rs 1,72,750 reported by t...Read More

HC junks PMC Bank depositors' plea for lifting of restrictions

HC junks PMC Bank depositors' plea for lifting of restrictions

Mumbai: The Bombay High Court on Thursday dismissed pleas of the depositors of the crisis-hit Punjab and Maharashtra Cooperative (PMC) Ba...Read More

Depositors in failed and liquidated banks to get only up to Rs 1 lakh as insurance cover

Depositors in failed and liquidated banks to get only up to Rs 1 lakh as insurance cover

New Delhi: Depositors in failed and liquidated banks will get only up to Rs 1 lakh as insurance cover, regardless of the amount in their ...Read More

Growth may remain flat at 5% next Q2: Bloomberg

Growth may remain flat at 5% next Q2: Bloomberg

Mumbai: Though lower lending rates following a series of policy rate cuts by the Reserve Bank of India and a sharp cut in the corporate t...Read More

RBI supersedes DFHL board, places the company under administrator; insolvency proceedings to be initiated

RBI supersedes DFHL board, places the company under administrator; insolvency proceedings to be initiated

The Reserve Bank of India superseded the Board of Directors of Dewan Housing Finance Corporation Limited (DHFL) and said it intends to sh...Read More

RBI finds Yes Bank under-reported bad loans by Rs 3,277 crore

RBI finds Yes Bank under-reported bad loans by Rs 3,277 crore

On Tuesday, Yes Bank reported a lower net profit of Rs 1,084.03 crore for 2018-19 compared to Rs 1,720.28 crore announced earlier due to ...Read More

NEFT online money transfers will be free of charges from January 2020: RBI

NEFT online money transfers will be free of charges from January 2020: RBI

The Reserve Bank of India has asked banks to waive online transaction charges for savings bank account customers, in the case of the NEFT...Read More

PMC Bank crisis: RBI enhances withdrawal limit to Rs 50,000

PMC Bank crisis: RBI enhances withdrawal limit to Rs 50,000

Mumbai: Following a review of the crisis-ridden Punjab and Maharashtra Cooperative Bank's (PMC's) liquidity position, the Reserve Bank of...Read More

Former RBI Deputy Governor speaks out, suggests remedial measures for Indian economy

Former RBI Deputy Governor speaks out, suggests remedial measures for Indian economy

New York: The Indian government needs to reduce its reliance on bond markets and undertake a heavy disinvestment programme along with urg...Read More

‘Have not sold any gold or trading in it’: RBI quashes reports of it selling gold reserves

‘Have not sold any gold or trading in it’: RBI quashes reports of it selling gold reserves

Mumbai: The Reserve Bank of India (RBI) on Sunday clarified that it had not sold any of its gold reserves or done any trading in the yell...Read More

PMC Bank case: Supreme Court agrees to hear plea for insuring 15 lakh customers

PMC Bank case: Supreme Court agrees to hear plea for insuring 15 lakh customers

New Delhi: The Supreme Court on Wednesday agreed to hear a plea seeking directions for redressal of certain aspects, including insuring a...Read More

No notes of Rs 2000 have been printed in this financial year: RTI Reply

No notes of Rs 2000 have been printed in this financial year: RTI Reply

After the demonitisation move on 8th November 2016, the government banned on the then existing Rs. 500 and Rs. 1000 notes and issued Rs....Read More

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