In an era where the global financial system increasingly dominates political conflicts and warfare, a national currency ...

Holika Dahan, celebrated on March 13, 2025, will lead to bank holidays in many states. However, banks will continue to ...

New Delhi: After a period of strict regulations in 2023 and 2024, the Reserve Bank of India (RBI) has now shifted its stance, benefiting the banking sector in a significant way, according to a ...

Shares of non-banking finance companies (NBFCs) rose sharply on Thursday after the Reserve Bank of India (RBI) eased banks’ lending norms for the sector. Experts said that it will help NBFCs to ...

The liquidity remains tight for banks as the money borrowed through VRR auctions have to be returned on an everyday basis to the RBI—which means they borrowed today through the VRR has to be ...

On February 14, the Reserve Bank of India (RBI) imposed restrictions on Mumbai-based New India Cooperative Bank Ltd over supervisory concerns. Depositors were barred from withdrawing funds from ...

Reserve Bank of India (RBI) has imposed a penalty of Rs73.90 lakh on Nainital Bank Ltd, Ujjivan Small Finance Bank Ltd and Shriram Finance Ltd, a non-banking financial company (NBFC) for ...

The police move comes a day after the Mumbai based-New India Cooperative Bank’s board was superseded by the Reserve Bank of India (RBI) for lack of liquidity. The RBI on Friday superseded the ...

The Reserve Bank of India (RBI) on Thursday imposed several restrictions on the cooperative bank, including on withdrawal of funds by depositors, citing supervisory concerns emanating from the ...

On Friday, the Reserve Bank of India (RBI) sacked the board of the cooperative bank and placed it under an administrator for the next year. The RBI also banned the bank from lending and collecting ...