Tag: Reserve Bank of India

Bank fraud cases mount as recovery trails losses Banks and financial institutions reported fraud of Rs.1.42 lakh crore in the last five financial years, and...

Tax concessions and easing rate expectations drive record overseas investment into India's sovereign bond market Foreign investment into India's government bonds touched a record high...

SC questions Rs.1,537 cr loan settlement over Rs.73.5 cr recovery Flagging a deep-rooted nexus between banks, asset reconstruction companies, and borrowers, the Supreme Court on...

Centre has dismissed viral social media messages urging citizens to rely only on official sources The Government of India has dismissed viral social media claims...

RBI retains the repo rate at 5.25 per cent while highlighting resilience of the Indian economy amid global challenges The Reserve Bank of India (RBI)...

Emirates NBD cleared to take control of RBL Bank The Finance Ministry has granted approval to Dubai-based Emirates NBD Bank (P.J.S.C) for the acquisition of...

RBI Governor warns of possible petrol and diesel price hike Reserve Bank of India Governor Sanjay Malhotra on Tuesday warned that the government may eventually...

RBI nears closure on Rs.2,000 note withdrawal The Reserve Bank of India (RBI) on Friday said 98.47 percent of the Rs.2000 banknotes in circulation have...

Paytm Payments Bank shutdown: RBI pulls plug on licence The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank with...

Strong demand supports economy, but Middle East conflict may weigh on growth The World Bank has slightly raised India’s GDP growth forecast for FY27 to...