Addressing a press conference, post customary post-Budget meeting with Central Board of Directors of the RBI, the Finance Minister said, "I am glad that the RBI is coming up with guidance on why mis-selling is not going to be entertained. The message should go to the banks that you cannot
Talking about the RBI's actions on banks and other regulated entities, the governor said the purpose of enforcement actions undertaken by the Reserve Bank is generally not punitive.
The Reserve Bank of India (RBI) has invited public comments on the draft "Reserve Bank of India (Prudential Norms on Dividend and Remittance of Profit) Directions, 2026", proposing a revised framework for declaration of dividends and remittance of profits by banks.
The Reserve Bank of India (RBI) has issued new directions to banks, effective from October 1, 2025, covering interest rate on advances, lending against gold and silver collateral, and capital regulations.
Stockholm [Sweden], October 10 (ANI): The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was on Monday awarded to Ben S Bernanke, Douglas W Diamond, and Philip H Dybvig for their research work on bank regulation and how financial crises should be managed.
Mumbai (Maharashtra) [India], April 15 (ANI/PNN): 121 Finance becomes India's first fintech-led NBFC-Factor to receive the Certificate of Registration under Registration of Factors (Reserve Bank) Regulations, 2022. The NBFC-Factor addresses the most significant challenge most businesses suff