New norms likely to reduce Bank of Maharashtra's LCR by 5 basis point
The Reserve Bank of India (RBI) proposed revised LCR norms in late July 2023, suggesting that banks assign an additional 5 ...
"Centre, States, All Parties Are To Blame": Ex RBI Chief On Freebies
Freebies are desirable but there has got to be restraint as they are an enormous fiscal burden, former Reserve Bank of India ...
Banks disburse ₹38,000 crore of loans under ULI pilot
Banks have disbursed a total of 7.5 lakh loans amounting to ₹38,000 crore till now under the Reserve Bank of India’s (RBI) ...
The Week19m
How microfinance companies are turning into a menace in rural Karnataka, causing suicides, forced migrations
These companies are violating the Reserve Bank of India norms for loan disbursement and recovery and many are illegal as they ...
RBI imposes monetary penalty on Canara Bank, Bank of India, J&K Bank; here's why
RBI imposes monetary penalty on Canara Bank, Bank of India, J&K Bank for non-compliance of KYC norms, loan breaches ...
Malayalam dailies face social media backlash over misleading front-page ‘news’ on digital currency
The misleading news item, prominently displayed as the lead story and attributed to the Reserve Bank of India, turned out to be a marketing feature on ‘The Summit of the Future 2025’.
Rupee logs biggest weekly gain in over 17 months as dollar softens
The rupee appreciated and settled at 86.21 per US dollar on Friday, compared to its closing level of 86.47 on Thursday, ...