New Delhi [India], Mar 6 (ANI): Former finance minister P Chidambaram on Friday termed Yes Bank crisis as a completely "regulatory failure" and said there is no need to panic as the Reserve Bank of India (RBI) placed restrictions on the bank.
Mumbai (Maharashtra) [India], Mar 6 (ANI): Shares of Yes Bank crashed by 54.89 per cent on Friday morning, a day after the Reserve Bank of India (RBI) said it is superseding the board of troubled private sector lender with immediate effect.
Mumbai (Maharashtra) [India], Mar 6 (ANI): Long queues were witnessed outside Yes Bank ATMs and branches even as customers expressed shock at the Reserve Bank of India (RBI) imposed month-long moratorium on withdrawals.
Mumbai (Maharashtra) [India], Mar 6 (ANI): Equity benchmark indices tumbled during early hours on Friday after another overnight steep fall on Wall Street with banking stocks seen coming under pressure after the Reserve Bank of India (RBI) placed Yes Bank under a moratorium and took over
Mumbai (Maharashtra) [India], Mar 5 (ANI): The Reserve Bank of India (RBI) on Thursday said a "moratorium" has been imposed on Yes Bank stressing that the bank's financial capability has undergone a steady decline largely due to inability of the bank to raise capital.
New Delhi [India], Mar 4 (ANI): The Supreme Court on Wednesday struck down the Reserve Bank of India (RBI) 2018 circular that barred banks from giving access to companies in trading in cryptocurrencies.
Mumbai (Maharashtra) [India], Mar 3 (ANI): Amid expectations of major central banks to take measures for mitigating the economic impact of coronavirus outbreak, the Reserve Bank of India (RBI) said on Tuesday it stands ready to take appropriate actions to ensure orderly functioning of financ
Mumbai (Maharashtra) [India], Feb 25 (ANI): India continues to have a strong bias for cash payments but speed, convenience and competition are shaping the future of payments, according to a study of the Reserve Bank of India (RBI).
Mumbai (Maharashtra) [India], Feb 19 (ANI): Kotak Mahindra Bank said on Wednesday that the Reserve Bank of India (RBI) has granted final approval on the dilution of promoters' shareholding in the bank.
Singapore, Feb 13 (ANI): Moody's Investors Service said on Thursday the Reserve Bank of India's (RBI's) revised asset recognition norms are credit negative for Indian banks.
Gurugram (Haryana) [India] Feb 13 (ANI/PRNewswire): The Reserve Bank of India Governor, Shaktikanta Das, launched the Mobile Aided Note Identifier (MANI) app on January 1, 2020, to aid the visually impaired in identifying the denomination of Indian banknotes.
Mumbai (Maharashtra) [India], Feb 6 (ANI): Equity benchmark indices continued upward momentum for the fourth consecutive day on Thursday after the Reserve Bank of India (RBI) kept the repo rate unchanged as expected.