The Reserve Bank of India is meeting lenders next week to discuss its liquidity management framework, and could announce ...
Mumbai: 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 ...
A penalty of ₹75 lakh on HDFC Bank has been imposed for non-compliance with certain directions issued by RBI on 'Know Your Customer' (KYC), the central bank said in a statement. In another ...
Upon reviewing HDFC Bank’s response and additional submissions, RBI identified two critical areas of non-compliance: Risk categorisation failure: The bank failed to categorise certain customers ...
The Reserve Bank of India (RBI) has approved an increase in ATM interchange fees, raising charges by Rs 2 for financial transactions and Re 1 for non-financial transactions. The revision ...
The swap auction is part of the Central bank’s measures to inject the rupee liquidity into the banking system. | Photo Credit: FRANCIS MASCARENHAS The Reserve Bank of India (RBI) received a good ...
The Reserve Bank of India (RBI) has introduced new guidelines for Priority Sector Lending (PSL) effective from April 1, 2025. Key updates include increased loan limits for housing, expanded ...
The Reserve Bank of India (RBI) released its monetary policy committee (MPC) schedule for the upcoming financial year 2024-25 (FY25)- starting from April 1, 2024. The central bank in its schedule ...
The Indian rupee's direction this week will be determined by the continuation of dollar inflows and the degree to which the ...
Banking, Financial Services and Insurance (BFSI) stocks are in focus today after the RBI revised priority sector lending (PSL) guidelines which will take effect from April 1, 2025. It has resulted ...
Mumbai: The Reserve Bank of India’s (RBI) $10 billion, 3-year dollar/rupee buy-sell swap auction on Monday to inject long-term liquidity in the system was oversubscribed 2.23 times. The RBI said ...
RBI Governor Sanjay Malhotra discussed threats from money laundering and terror financing with President Droupadi Murmu.