Parliament on Tuesday passed amendments to the Banking Regulation Act to bring cooperative banks under the supervision of the RBI, a move aimed
The Supreme Court Thursday extended its interim order that no account is to be declared NPA till further orders after the Centre said an expert
RBI Governor Shaktikanta Das on Thursday warned banks that being overly risk averse will be “self-defeating” and that lenders will
Cautioning that India’s potential output may undergo a structural downshift following the pandemic, the Reserve Bank on Tuesday made a
The Reserve Bank of India (RBI) on Thursday opted for a status quo and left interest rates unchanged, but maintained an accommodative stance,
The country’s financial system is sound but lenders should desist from extreme risk aversion during COVID-19 pandemic and beyond, Reserve
The government on Wednesday said all cooperative banks and multi-state cooperative banks will come under the supervision of the Reserve Bank of
Finance Minister Nirmala Sitharaman on Sunday said the Rs 20 lakh crore economic stimulus package to deal with the fallout of COVID-19 includes
The Reserve Bank of India on Monday announced a Rs 50,000 crore special liquidity facility for mutual fund, days after Franklin Templeton Mutual
Providing relaxation to lenders, the Reserve Bank of India on Friday said that banks shall be exempted from making dividend payment in the light
Reserve Bank of India Governor Shaktikanta Das on Friday assured that the central bank will use all instruments to deal with the challenges posed
The RBI on Friday put on hold EMI payments on all term loans for three months and cut interest rate by steepest in more than 11 years as it
Michael Debabrata Patra has been appointed deputy governor of the Reserve Bank of India (RBI), according to a Personnel Ministry order. He has
The Reserve Bank of India on Thursday amended the Know Your Customer or KYC guidelines to allow banks, lending companies and fintech startups to