RBI imposes penalties on nine cooperative banks for violating compliances
The Reserve Bank of India has imposed monetary penalties on nine cooperative banks on account of various contraventions or non ...
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Tag: rbi
RBI Governor Shaktikant Das to meet bankers, review credit growth sustainability
RBI Governor Shaktikant Das will meet the heads of public sector banks on November 16 to discuss the issue of ...
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Prima facie termination of Kochhar as ICICI CEO valid, says HC; won’t get post retirement benefits
The Bombay High Court on Thursday said the termination of Chanda Kochhar from the post of CEO of ICICI Bank ...
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Banks to tap intelligence agencies before loans to ex-defaulters
Banks will now tap intelligence agencies for their inputs at various stages of a loan cycle in the case of ...
Read moreIndian financial regulators may rebuff Europe demands: Sources
Indian financial market regulators are unlikely to provide their European counterpart supervisory and auditing powers over domestic clearing corporations and ...
Read moreCentral bank digital currency could end RBI-ESMA row
The deadlock between the Reserve Bank of India (RBI) and the European Securities and Market Authority (ESMA) over the inspection ...
Read moreRBI, CCIL urge Japan to drop inspection clause
The tussle between Indian financial market regulators and their peers in developed countries over ‘extra-territorial jurisdictions’ is playing out on ...
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MFIs faced up to a 10% credit loss in FY21 and FY22 due to the pandemic
During the two years of the pandemic, microlenders experienced credit losses of up to 10%, but things are improving lately, ...
Read moreIndian banks’ loans rose 17.9% y/y in two weeks to Oct 21: RBI
Indian banks' loans rose 17.9% in the two weeks to Oct. 21 from a year earlier, while deposits rose 9.5%, ...
Read moreRBI imposes Rs 1.76 crore penalty on Vakrangee for non-compliance with regulations
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.76 crore on Vakrangee Limited (the entity) ...
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