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With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Business
Banking stocks fall after RBI pause

The bond market reacted as the 10-year government bond yield spiked to 6.82 per cent levels, meaning mark-to-market...

6 Dec 2019 2:25 AM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)Business
P2P lending limit raised to Rs 50 lakh

The move aims at not only helping investors to diversify risk but also borrowers to get larger sums of loans.

6 Dec 2019 2:23 AM IST

Aditya Kesavan, an academician and a best selling authour of Indian origin in the US is suddenly asked to become the RBI governor by the PM himself, that throws him into a boiling pot of hardcore politics, money laundering and scams.Books
Book Review: Don't Tell The Governor, a tale of deceit, money and a...

A fast paced edge-of-the-seat ride through the world of banking, finance and politics.

7 Jan 2019 6:23 PM IST

From July 1 banks will have to offer for free a minimum of four withdrawals in a month, including ATM withdrawals.Business
No-frills accounts can get SB facilities free

RBI strikes off minimum balance requirement.

11 Jun 2019 2:51 AM IST

The bank will also not be able to grant or renew any loans and advances, make any investment or incur any liability now.Business
RBI puts restrictions on PMC Bank for 6 months

Under-reporting of bad loans could be one reason behind RBI placing restrictions.

25 Sept 2019 1:35 AM IST

Reserve Bank of India (RBI) governor Shaktikanta Das. PTI photoBusiness
Further extension of loan moratorium will vitiate credit discipline:...

The RBI also urged the SC to vacate its September 4 interim order restraining banks from declaring any new...

11 Oct 2020 11:14 AM IST

Reserve Bank of India (RBI) governor Shaktikanta Das addresses via livestream as he announces the central banks monetary policy decisions, in Mumbai. PTI photoBusiness
RBI keeps key rates unchanged; signals more easing to protect India's...

The six-member Monetary Policy Committee voted unanimously to retain the benchmark repo rate at 4 per cent

9 Oct 2020 2:09 PM IST

Loans will be secured against receivables and guaranteed by respective state government. (PTI Photo)Business
SC asks Centre, RBI to file Kamath panel suggestions, decisions on...

Kapil Sibal said that he wanted to file a detailed affidavit to the Centre's reply as there are certain facts which need...

5 Oct 2020 1:26 PM IST

Reserve Bank of India (RBI)Business
RBI devises new plan for fin inclusion

Financial literacy modules should be used for orientation of children, young adults, women, new workers, entrepreneurs,...

24 Feb 2020 2:36 AM IST

Representative Image (PTI)Business
RBI likely to cut interest rates by 100 bps in FY21: Fitch Solutions

Fitch Solutions said consumer price inflation returning back to the RBI's 2-4 per cent target range will permit further...

31 March 2020 5:30 PM IST

Government of India public sector banks in India. (Photo- FAVPNG)Business
Mega merger of state-run banks comes into force from April 1: RBI

The government on March 4 had notified the amalgamation schemes for 10 state owned banks into four as part of its...

29 March 2020 12:33 PM IST

Reserve Bank of India Governor Shaktikanta Das. (Photo- PTI)Business
RBI reduces repo rate by 75 bps to 4.4%

The central bank also reduced the cash reserve ratio of all banks by 100 basis points to 3 per cent with effect from...

27 March 2020 11:46 AM IST

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