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RBI keeps repo rate unchanged at 6.5% for eighth time in...

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Mumbai: The Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced the monetary policy committee's decision to keep repo rate unchanged at...

Value of Rs 2000 banknotes in circulation plummets to Rs 7961...

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MUMBAI: The Reserve Bank of India (RBI) has released an update regarding the withdrawal of Rs 2,000 denomination banknotes from circulation. According to a press...

RBI extends deadline to exchange Rs 2,000 banknotes till October 7

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MUMBAI: The Reserve Bank of India (RBI) has announced an extension of the deadline for depositing or exchanging Rs 2,000 denomination banknotes till October 7,...

RBI tells banks to release borrowers’ property papers in 30 days...

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MUMBAI: The Reserve Bank of India (RBI) on Wednesday asked banks and other regulated entities to release all the original movable or immovable property documents...

RBI says 93 pc of Rs 2000 notes returned to banks

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MUMBAI: The Reserve Bank on Friday said that as much as 93 per cent of Rs 2000 currency notes that were in circulation on May...

Home loan, other borrowers can switch to fixed-rate regime: RBI

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MUMBAI: The Reserve Bank on Thursday said it will come out with a framework allowing borrowers to switch to fixed interest rate from floating interest...

Banks write off Rs 14.56 lakh crore NPAs in last nine...

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NEW DELHI: Banks have written off bad loans worth Rs 14.56 lakh crore in the last nine financial years starting 2014-15, Parliament was informed on...

RBI cancels licenses of Bengaluru’s Shushruti Souharda Sahakara Bank Niyamita

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MUMBAI: The Reserve Bank of India (RBI) on Wednesday said it has cancelled the banking licenses of two co-operative banks in Maharashtra and Karnataka. The licenses...

RBI says 76 pc of Rs 2,000 notes valued at Rs...

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BENGALURU: As much as 76 per cent of the Rs 2,000 currency notes in circulation have either been deposited or exchanged at banks, the Reserve...

Karnataka Bank appoints Srikrishnan Hari Hara Sarma as MD & CEO

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BENGALURU: Private sector Karnataka Bank on Friday announced the appointment of former Jio Payments Bank head Srikrishnan Hari Hara Sarma as Managing Director and CEO. Pursuant...

RBI withdraws Rs 2000 note from circulation, to remain legal tender;...

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NEW DELHI: The Reserve Bank of India has decided to withdraw the Rs 2000 denomination banknotes from circulation but they will continue to remain as...

“First act, second think…”: Jairam Ramesh after RBI withdraws Rs 2,000...

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BENGALURU: Congress general secretary in charge of communications Jairam Ramesh on Friday came out hard against the Reserve Bank of India's move to withdraw Rs...

Adani crisis: Banking sector resilient and stable, says RBI

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MUMBAI: Amid concerns over banks' exposure to the crisis-ridden Adani Group, the Reserve Bank on Friday said India's banking sector is resilient and stable, and...

New auto-debit rules of RBI to set in from Friday

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NEW DELHI: With the Reserve Bank of India's (RBI) extended deadline coming to an end, there will be no automatic recurring payment for various services...
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