India's Jan business growth at 14-month low due to weaker services demand, PMI shows
India's business activity grew at the slowest pace in over a year in January, a survey showed, highlighting emerging cracks ...
India’s Stock Market Will Rebound. 2 Plays That Offer Value Now.
Now could be a good time for stock-picking before India’s next turnaround. Two attractive industries: big banks and electric ...
Reserve Bank seeks applications for CEO's role to lead Innovation Hub
Sources aware of the matter told Moneycontrol that current CEO Rajesh Bansal is unlikely to continue with the Innovation Hub ...
RBI fines J&K Bank, BoI, Canara Bank for gaps in regulatory compliance
The Reserve Bank on Friday said it has penalised Jammu and Kashmir Bank, Bank of India, and Canara Bank for deficiencies in ...
India central bank opts for bond purchases in week to Jan 17
The RBI net bought bonds worth 101.75 billion rupees ($1.18 billion) in the week ending Jan. 17. These purchases were spread ...
New norms likely to reduce Bank of Maharashtra's LCR by 5 basis point
The Reserve Bank of India (RBI) proposed revised LCR norms in late July 2023, suggesting that banks assign an additional 5 ...
Bank of Maharashtra pegs expected credit loss provisions at Rs 125-150 cr per quarter: Sources
The RBI, had in March 2020, rolled out regulatory guidelines for the implementation of Indian Accounting Standards (Ind AS) ...
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India's forex reserves decline by $1.88 billion to $623.98 billion
In the latest week, foreign currency assets, the largest component of the reserves, decreased by $2.878 billion to $533.133 ...
Banks disburse ₹38,000 crore of loans under ULI pilot
Banks have disbursed a total of 7.5 lakh loans amounting to ₹38,000 crore till now under the Reserve Bank of India’s (RBI) ...
Reserve Bank of India rolls out steps to boost Rupee power overseas
The RBI now allows banks to open rupee accounts at overseas branches for non-residents to facilitate rupee ...
India’s forex reserves decline by $1.88 billion to hit $623.983 billion: RBI
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 ...
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RBI imposes monetary penalty on Canara Bank, Bank of India, J&K Bank for non-compliance
The RBI clarified that the penalties are based on deficiencies in regulatory compliance and do not question the validity of transactions undertaken by the banks.