RBI imposes monetary penalty worth Rs 58.9 crore on ICICI Bank

New Delhi [India], Mar 29 (ANI): In a rare move, The Reserve Bank of India (RBI) on Thursday imposed monetary...

Govt. to borrow Rs 2.88 lakh crore in first half of 2018-19

New Delhi [India], Mar 26 (ANI): The central government in consultation with the Reserve Bank of India (RBI) on...

RBI issues corrective framework for PSBs

New Delhi [India], Mar. 17 (ANI): Amid the multiple scams unearthed recently in the banking sector, the Reserve Bank...

RBI discontinues LOUs/LOCs issuance for trade credit for imports

New Delhi [India], Mar 13 (ANI): The Reserve Bank of India (RBI) on Tuesday announced discontinuation of the...

IBBI, RBI sign MoU for effective implementation of insolvency code

New Delhi [India], Mar. 13 (ANI): The Insolvency and Bankruptcy Board of India (IBBI) signed a Memorandum of...

RBI imposes Rs 5 cr penalty on Airtel Payments Bank

New Delhi [India], Mar. 10 (ANI): The Reserve Bank of India (RBI) imposed a penalty of Rs. 5 crore on Airtel...

RBI slaps SBI with monetary penalty

New Delhi [India], Mar. 08 (ANI): The Reserve Bank of India (RBI) on March 1, imposed a monetary penalty of Rs. 40...

RBI imposes Rs.30 million-penalty on Axis Bank

Mumbai (Maharashtra) [India], Mar. 5 (ANI): The Reserve Bank of India (RBI) imposed a monetary penalty worth Rs. 30...

RBI charges fine on IOB over non-compliance with KYC norms

Mumbai (Maharashtra) [India], Mar. 5 (ANI): The Reserve Bank of India (RBI) imposed a monetary penalty of Rs.20...

Tough RBI tightens PSL norms for foreign banks

New Delhi [India], Mar 5. (ANI): The Reserve Bank of India (RBI) on Monday tightened Priority Sector Lending (PSL)...

RBI sets April 30 deadline for banks to link CBS with SWIFT

New Delhi [India], Feb 25 (ANI): In a bid to tighten internal controls in the banks, the Reserve Bank of India (RBI)...

RBI alerted banks on possible misuse of SWIFT

New Delhi [India], Feb 20 (ANI): The Reserve Bank of India (RBI) on Tuesday released a statement asserting that it...