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Banks' Loan Growth Slows For 8th Straight Month In February: RBI Data
Loan growth at Indian banks moderated for an eighth straight month in February, central bank data showed on Thursday, due to a drop in personal and credit card loans following tighter rules by the Reserve Bank of India.
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India Set To Double Investment Limit For Foreign Individuals: Report
RBI is set to double to 10% a cap on investment by individual foreign investors in listed companies, as it aims to boost capital inflows, according to two senior government officials and documents reviewed by Reuters.
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RBI Imposes Rs 75 Lakh Penalty On HDFC Bank For Breach Of Norms
The Reserve Bank of India (RBI) has imposed a penalty of Rs 75 lakh on HDFC Bank, the country's largest private sector lender, for not complying with directions in the RBI's Know Your Customer (KYC) master direction, according to officials.
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ATM Withdrawals To Get Costlier From May 1: Check New Charges
While the financial transactions get expensive by Rs 2, the non-financial transactions, such as balance inquiries, will cost an extra rupee from May 1.
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India's Energy Efficiency Above Global Average: RBI
India's energy efficiency improved by 1.9 per cent between 2000 and 2023, which is faster than the global average of 1.4 per cent, according to a study carried out by an RBI research team.
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LIC Requests RBI To Introduce 100-Year Government Bonds
Life insurance giant LIC has requested the Reserve Bank to introduce long-term government bonds, including 100-year paper as well, a top official said on Tuesday.
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This Government Bond Made Investors Rich By Nearly 200% In 8 Years
Investors in the Sovereign Gold Bond (SGB) 2016-17 Series IV and 2019-20 Series IV are set for significant returns, with the Reserve Bank of India (RBI) announcing the final redemption price.
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"Monitoring Closely": RBI On IndusInd Bank's Rs 2,100 Crore Accounting Lapse
RBI confirmed that the bank remains well-capitalised and there is no cause for concern among depositors.
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Bank Holidays In March 2025: Banks To Remain Shut On These Days, Check List
Bank Holidays for Holi 2025: Banks in India will remain closed for 14 days in March due to national and regional holidays.
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Rs 100, Rs 200 Currency Notes To Have RBI Governor Sanjay Malhotra's Signature
The Reserve Bank of India on Tuesday said it will shortly issue banknotes of Rs 100 and Rs 200 denominations bearing the signature of Governor Sanjay Malhotra.
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RBI Imposes Rs 76.6 Lakh Penalty On Four Entities
The Reserve Bank on Friday said it has imposed Rs 76.6 lakh penalty on four non-banking financial companies for non-compliance with certain provisions of its directions related to 'peer-to-peer lending platform'.
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ED Says Paytm Violated Foreign Exchange Rules
The Enforcement Directorate (ED) said that Paytm had made a foreign investment in Singapore and did not file the necessary reporting to the Reserve Bank of India (RBI).
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Bank Holidays In March 2025: Banks To Remain Closed For 14 Days, See Full List
Banks will remain closed for a total of 14 days in March 2025, as per the RBI holiday calendar.
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Ex RBI Governor Shaktikanta Das Appointed Principal Secretary To PM
Former Reserve Bank of India Governor Shaktikanta Das has been appointed Principal Secretary to Prime Minister Narendra Modi, a government notification said today.
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RBI Launches Mobile App Offering Financial Statistics Related To Economy
Reserve Bank on Tuesday launched mobile application 'RBIDATA' which will provide access to more than 11,000 different series of economic data related to the Indian economy.
-
Banks' Loan Growth Slows For 8th Straight Month In February: RBI Data
Loan growth at Indian banks moderated for an eighth straight month in February, central bank data showed on Thursday, due to a drop in personal and credit card loans following tighter rules by the Reserve Bank of India.
-
India Set To Double Investment Limit For Foreign Individuals: Report
RBI is set to double to 10% a cap on investment by individual foreign investors in listed companies, as it aims to boost capital inflows, according to two senior government officials and documents reviewed by Reuters.
-
RBI Imposes Rs 75 Lakh Penalty On HDFC Bank For Breach Of Norms
The Reserve Bank of India (RBI) has imposed a penalty of Rs 75 lakh on HDFC Bank, the country's largest private sector lender, for not complying with directions in the RBI's Know Your Customer (KYC) master direction, according to officials.
-
ATM Withdrawals To Get Costlier From May 1: Check New Charges
While the financial transactions get expensive by Rs 2, the non-financial transactions, such as balance inquiries, will cost an extra rupee from May 1.
-
India's Energy Efficiency Above Global Average: RBI
India's energy efficiency improved by 1.9 per cent between 2000 and 2023, which is faster than the global average of 1.4 per cent, according to a study carried out by an RBI research team.
-
LIC Requests RBI To Introduce 100-Year Government Bonds
Life insurance giant LIC has requested the Reserve Bank to introduce long-term government bonds, including 100-year paper as well, a top official said on Tuesday.
-
This Government Bond Made Investors Rich By Nearly 200% In 8 Years
Investors in the Sovereign Gold Bond (SGB) 2016-17 Series IV and 2019-20 Series IV are set for significant returns, with the Reserve Bank of India (RBI) announcing the final redemption price.
-
"Monitoring Closely": RBI On IndusInd Bank's Rs 2,100 Crore Accounting Lapse
RBI confirmed that the bank remains well-capitalised and there is no cause for concern among depositors.
-
Bank Holidays In March 2025: Banks To Remain Shut On These Days, Check List
Bank Holidays for Holi 2025: Banks in India will remain closed for 14 days in March due to national and regional holidays.
-
Rs 100, Rs 200 Currency Notes To Have RBI Governor Sanjay Malhotra's Signature
The Reserve Bank of India on Tuesday said it will shortly issue banknotes of Rs 100 and Rs 200 denominations bearing the signature of Governor Sanjay Malhotra.
-
RBI Imposes Rs 76.6 Lakh Penalty On Four Entities
The Reserve Bank on Friday said it has imposed Rs 76.6 lakh penalty on four non-banking financial companies for non-compliance with certain provisions of its directions related to 'peer-to-peer lending platform'.
-
ED Says Paytm Violated Foreign Exchange Rules
The Enforcement Directorate (ED) said that Paytm had made a foreign investment in Singapore and did not file the necessary reporting to the Reserve Bank of India (RBI).
-
Bank Holidays In March 2025: Banks To Remain Closed For 14 Days, See Full List
Banks will remain closed for a total of 14 days in March 2025, as per the RBI holiday calendar.
-
Ex RBI Governor Shaktikanta Das Appointed Principal Secretary To PM
Former Reserve Bank of India Governor Shaktikanta Das has been appointed Principal Secretary to Prime Minister Narendra Modi, a government notification said today.
-
RBI Launches Mobile App Offering Financial Statistics Related To Economy
Reserve Bank on Tuesday launched mobile application 'RBIDATA' which will provide access to more than 11,000 different series of economic data related to the Indian economy.
