The official further said that the RBI only partially restored this classification to the extent of Rs. 20 lakh per borrower.

RBI imposes monetary penalties on Canara Bank, Bank of India, and the J&K Bank for non-compliance with KYC norms, loans, and ...

The RBI faces challenges providing liquidity amidst India's banking system issues, as traditional OMOs have limited impact due to regulatory and structural constraints. Reforms in CRR and LCR ...

HSBC India has received approval from the Reserve Bank of India (RBI) to open 20 new branches, marking the largest expansion ...

The banking system was thus already feeling the pinch of costly deposits for at least 15 months when the Trump-tariff threat ...

RBI Deputy Governor T Rabi Sankar has called on the banks to step up collaboration with RBI to ensure the success of CBDCs ...

India's foreign exchange reserves continue to decline, extending their slump for about four months now. The country's forex ...

The Reserve Bank has imposed financial penalties on Jammu and Kashmir Bank, Bank of India, and Canara Bank for regulatory ...

The Reserve Bank of India likely sold U.S. dollars before the local spot market opened on Friday to support the rupee, ...

India's forex reserves dropped by USD 1.88 billion to USD 623.983 billion in the week ended January 17, the RBI said on ...

Cross-border payment startup Skydo has secured the licence from the Reserve Bank of India (RBI) to function as a Payment ...