Browsing: latest news on rbi

By Shashank Didmishe, The Reserve Bank of India on Wednesday doubled the amount of loans that urban cooperative banks (UCBs)…

In a bid to improve customer service in regulated entities, the Reserve Bank of India on Friday said it will…

The rules say a company must be owned and controlled by resident Indian citizens to become a specified user with…

Private sector lender CSB Bank on Tuesday said it has been empanelled as an ‘agency bank’ by the Reserve Bank…

At present, banks incorporated in India can infuse capital in their overseas branches and subsidiaries, retain profits in these centres…

However, he said there are institutions that are offering higher interest and are still viable but depositors should always be…

SBI has migrated to External Benchmark Lending Rate (EBLR) linked to repo rate since January 2019. Country’s largest lender State…

The Reserve Bank of India (RBI) has granted a additional 3-month extension of its banking licence to the Rupee Cooperative…