Rupee logs biggest weekly gain in more than a year, but underperforms peers
The Indian rupee rose on Friday and posted its biggest weekly rise more than a year, helped by relief in the Asian forex ...
India's Jan business growth at 14-month low due to weaker services demand, PMI shows
India's business activity grew at the slowest pace in over a year in January, a survey showed, highlighting emerging cracks ...
Reserve Bank seeks applications for CEO's role to lead Innovation Hub
Sources aware of the matter told Moneycontrol that current CEO Rajesh Bansal is unlikely to continue with the Innovation Hub ...
RBI fines J&K Bank, BoI, Canara Bank for gaps in regulatory compliance
The Reserve Bank on Friday said it has penalised Jammu and Kashmir Bank, Bank of India, and Canara Bank for deficiencies in ...
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RBI Slaps Penalties on Major Banks for Regulatory Violations
The Reserve Bank has imposed financial penalties on Jammu and Kashmir Bank, Bank of India, and Canara Bank for regulatory ...
India central bank opts for bond purchases in week to Jan 17
The RBI net bought bonds worth 101.75 billion rupees ($1.18 billion) in the week ending Jan. 17. These purchases were spread ...
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 ...
Bank of Maharashtra pegs expected credit loss provisions at Rs 125-150 cr per quarter: Sources
The RBI, had in March 2020, rolled out regulatory guidelines for the implementation of Indian Accounting Standards (Ind AS) ...
"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 ...
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India's forex reserves decline by $1.88 billion to $623.98 billion
In the latest week, foreign currency assets, the largest component of the reserves, decreased by $2.878 billion to $533.133 ...
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RBI imposes monetary penalty on Canara Bank, Bank of India, J&K Bank for non-compliance
The RBI clarified that the penalties are based on deficiencies in regulatory compliance and do not question the validity of transactions undertaken by the banks.