Mumbai [India], December 29 (ANI): The gross non-performing asset (GNPA) ratio of scheduled commercial banks is likely to increase to 9.5 per cent in September 2022 from 6.9 per cent in September 2021 in a severe stress scenario, the Reserve Bank of India (RBI) said on Wednesday.
Mumbai [India], December 28 (ANI): The consolidated balance sheet of scheduled commercial banks expanded in size during 2020-21 despite the contraction in economic activity due to the COVID-19 pandemic, according to 'Report on Trend and Progress of Banking in India 2020-21' released by the R
Mumbai [India], December 27 (ANI): The share price of RBL Bank slumped 20 per cent hitting the lower circuit limit on Monday after its MD & CEO Vishwavir Ahuja went on "medical leave" and the Reserve Bank of India (RBI) appointed Yogesh Dayal as an additional director on the bank's board
Mumbai [India], December 24 (ANI): India's foreign exchange (forex) reserves declined by 160 million to $635.66 billion due to a sharp drop in foreign currency assets, the Reserve Bank of India (RBI) data showed on Friday.
New Delhi [India], December 18 (ANI): The Reserve Bank of India (RBI) is in favour of complete ban on private cryptocurrencies in India, people in the know of the matter told ANI.
Lucknow (Uttar Pradesh) [India], December 17 (ANI): Central Board of Directors of the Reserve Bank of India (RBI) met in Lucknow on Friday to review the evolving domestic and global economic situation.
New Delhi [India], December 16 (ANI): The Reserve Bank of India (RBI) on Wednesday permitted Indians as well as Overseas Citizens of India (OCI) cardholders going on pilgrimage to Gurdwara Darbar Sahib in Kartarpur, Pakistan through the Kartarpur Sahib Corridor to carry up to Rs 11,000.
Mumbai (India), December 15 (ANI): The Reserve Bank of India (RBI) on Wednesday imposed Rs.1.8 crore monetary penalty on Punjab National Bank (PNB) for 'deficiencies in regulatory compliance'.
Mumbai (India), December 14 (ANI): The Reserve Bank of India (RBI) on Tuesday issued the Prompt Corrective Action (PCA) framework for Non-Banking Financial Companies (NBFCs).
New Delhi [India], December 12 (ANI): Reserve Bank of India Governor Shaktikanta Das on Sunday warned the depositors to be careful while chasing high returns as it comes with higher risk.
New Delhi [India], December 12 (ANI): Reserve Bank of India Governor Shaktikanta Das on Sunday said that the country can become a "gross driver" of the world economy if all stakeholders in the banking sector work together.
New Delhi (India), December 11 (ANI): Shaktikanta Das has become the first Reserve Bank of India (RBI) Governor to get a second term since Narendra Modi-led government came into power in 2014.