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...

Uninterrupted RBI Policy Rates Fuel Housing Market Growth

Delhi-NCR [India], December 19: The Reserve Bank of India (RBI) decided to keep the repo rate steady, as seen in its...

Keeping up with the gold rate trends in India with Bajaj Finance

Pune (Maharashtra) [India], December 18: Gold has long held a significant place in the diverse economic landscape of...

Telangana CM meets Raghuram Rajan, discusses state's economy

Chief Minister Revanth Reddy met former Reserve Bank of India (RBI) Governor Raghuram Rajan at the latter's Jubilee...

RBI cautions against unauthorised campaigns on loan waiver

The Reserve Bank of India (RBI) said on Monday it has noticed certain misleading advertisements enticing borrowers...

RBI, Bank of England sign MoU to facilitate cross-border settleme

The Reserve Bank of India (RBI) and Bank of England (BoE) have signed a Memorandum of Understanding (MoU) to...

UPI transaction limit to hospitals, education institutes raised

The limit for UPI transactions to hospitals and educational institutions has been raised by the Reserve Bank of...

RBI maintains status quo in policy rate for fifth time now

The monetary policy committee of the Reserve Bank of India (RBI) in its December review meeting unanimously...

Another status quo in repo rate by RBI likely

Financial market participants in India will closely monitor the outcome and the policy stance of the central...

Licence of Uttar Pradesh-based Urban Co-operative Bank cancelled

The Reserve Bank of India (RBI) has cancelled the license of Urban Co-operative Bank Ltd., Sitapur, in Uttar...

RBI, Bank of England sign MoU

The Reserve Bank of India (RBI) and the Bank of England (BoE) have signed a Memorandum of Understanding (MoU)...

RBI supersedes Board of Directors of Abhyudaya Cooperative Bank

The action against the Abhyudaya Cooperative Bank Ltd was needed due to "certain material concerns emanating from...