RBI bars Mahindra Finance from using third-party recovery agents

Mumbai (Maharashtra) [India], September 22 (ANI): The Reserve Bank of India (RBI) on Thursday said it has barred...

RBI cancels licence of Laxmi Co-operative Bank, Solapur

New Delhi [India], September 22 (ANI): The Reserve Bank of India (RBI) on Thursday said it has cancelled the licence...

Forex reserves drop by $2.23 billion, hit lowest level in 2 years

Mumbai (Maharashtra) [India], September 17 (ANI): India's foreign exchange (forex) reserves dropped by $2.234...

RBI imposes monetary penalty on Indiabulls Commercial Credit Ltd

Mumbai (Maharashtra) [India], September 10 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of...

Lyra Network India receives in-principle approval from RBI

Mumbai (Maharashtra) [India], September 10 (ANI/PNN): Lyra Network Private Limited, a fintech and paytech solutions...

India's forex reserves dip by $7.94 billion to $553 bn

Mumbai (Maharashtra) [India], September 10 (ANI): India's foreign exchange (forex) reserves slumped by $7.941...

RBI releases list of entities not authorised to deal in forex

Mumbai (Maharashtra) [India], September 7 (ANI): The Reserve Bank of India (RBI) on Wednesday released a list of...

US Fed comments infused "substantial" volatility in markets: RBI

Mumbai (Maharashtra) [India], September 6 (ANI): The commentary from the US Federal Reserve at the recently-held...

India's forex reserves drop by $3 billion to $561 billion

Mumbai (Maharashtra) [India], September 3 (ANI): India's foreign exchange (forex) reserves fell by $3.007 billion to...

RBI launches Sept round of inflation expectations survey

Mumbai (Maharashtra) [India], August 30 (ANI): The Reserve Bank of India (RBI) on Tuesday announced the launch of...

RBI imposes monetary penalty on Visakhapatnam Co-operative Bank

Mumbai (Maharashtra) [India], August 29 (ANI): The Reserve Bank of India (RBI) said on Monday it has imposed a...

Rupee Co-operative Bank can't do banking business from Sept: RBI

Mumbai (Maharashtra) [India], August 27 (ANI): Pune-based Rupee Co-operative Bank Limited will cease to carry on...