RBI imposes monetary penalty on 3 co-operative banks in Gujarat

The Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 50,000 on...

RBI imposes monetary penalty on Sree Chaitanya co-operative bank 

The Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 5,000 on West...

RBI imposes monetary penalty of Rs 2 lakh on cooperative bank

The Reserve Bank of India (RBI) on Thursday issued an order imposing a monetary penalty of Rs 2 lakh on...

Bad assets of banks continue to decline: RBI

Reserve Bank of India on Thursday released the 28th issue of the Financial Stability Report, December 2023...

Mumbai Crime Branch detains 3 people in RBI threat email case

The Mumbai Crime Branch detained three people from Gujarat's Vadodara in connection with the Reserve Bank of India...

Asset quality of banks improves to decadal high at end-September

The gross non-performing assets (GNPA) ratio of scheduled commercial banks (SCBs) fell to a decadal low of 3.9 per...

RBI receives bomb threat via email

The Reserve Bank of India on Tuesday received a threatening email stating that bombs would be planted in its...

Outlook 2024: Defying challenges, real estate scales new heights

The Indian real estate sector continued to scale new highs in 2023, defying the tightened monetary policy stance of...

APAC emerging market banks poised for growth in 2024

The favourable economic backdrop, marked by robust growth, is expected to drive improved financial performance, with...

India's forex reserves jump by USD 9 bn to USD 615 bn last week

India's foreign exchange reserves increased by USD 9.112 billion to USD 615.971 billion in the week ending...

Monetary penalty imposed on four Gujarat-based co-operative banks

The Reserve Bank of India (RBI) has imposed monetary penalties on four co-operative banks, ranging from Rs 50,000 to...

Uncertainties in food prices to push inflation higher Nov-Dec

Uncertainties in food prices along with unfavourable base effects are likely to lead to a pick-up in retail...