Explained: Why RBI has imposed curbs on New India Co-operative Bank
The Reserve Bank of India (RBI) has imposed strict restrictions on Mumbai-based New India Co-operative Bank, barring it from ...
Indian central bank hikes overnight fund infusion post heavy FX intervention
India's central bank hiked the quantum of funds that it intended to inject into the banking system through an overnight ...
Daily Voice: Saurabh Mukherjea believes RBI's rate cut pause if any going forward will not be viable given underlying slowdown in economy
Over and above taking measures to support liquidity, the RBI will have to push through more rate cuts this year to support ...
RBI slashes repo rate by 25 bps, first cut in nearly five years; loan EMIs likely to come down
The central bank’s Monetary Policy Committee (MPC) reduced the repo rate by 25 basis points to 6.25 per cent, after having ...
Indian Central Bank to Infuse Record Overnight Funds Post Heavy FX Intervention
MUMBAI (Reuters) - India's central bank will infuse a record quantum of funds into the banking system through an overnight ...
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RBI Cracks Down: Penalties on Banks for Regulatory Lapses
The Reserve Bank of India (RBI) has levied penalties on Equitas Small Finance Bank and India Post Payments Bank for failing to meet regulatory compliance standards. A fine of Rs 65 lakh was imposed on ...
RBI to further refine flexible inflation targeting framework, Governor says
The Reserve Bank of India (RBI) is aiming to further refine the building blocks of flexible inflation targeting (FIT) ...
RBI Imposes Monetary Penalty On India Post Payments Bank Limited
The Reserve Bank of India (RBI) has, by an order dated January 15, 2025, imposed a monetary penalty of ?26.70 lakh (Rupees ...