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RBI
RBI issues prompt corrective action framework for urban cooperative banks
The objective of the PCA Framework is to enable supervisory intervention at an appropriate time and require the UCBs to initiate and implement remedial measures in a timely manner, to restore their financial health.
12 hours ago
RBI issues prompt corrective action framework for urban cooperative banks
12 hours ago
RBI releases draft liquidity norms proposing additional buffers due to electronic fund transfers
The draft guidelines follow an announcement by Governor Shaktikanta Das in the April policy review, given the high usage of technological tools in banking that can lead to moving of funds without physically queuing up at bank branches.
25 July 2024, 17:02 IST
RBI releases draft liquidity norms proposing additional buffers due to electronic fund transfers
25 July 2024, 17:02 IST
IDBI Bank privatisation: Security clearances in place, RBI's nod expected soon
The government along with LIC is selling a nearly 61 per cent stake in IDBI Bank, which includes a 30.48 per cent stake of the Government of India and 30.24 per cent of LIC.
25 July 2024, 10:22 IST
IDBI Bank privatisation: Security clearances in place, RBI's nod expected soon
25 July 2024, 10:22 IST
RBI tightens norms for cash pay-outs at banks
The new norms will come into effect from November 1, 2024.
24 July 2024, 16:05 IST
RBI tightens norms for cash pay-outs at banks
24 July 2024, 16:05 IST
RBI cancels licence of Tezpur-based Mahabhairab Coop Urban Bank
Following the cancellation of its licence, the cooperative bank ceases to carry on banking business, with effect from the close of business on July 24, 2024.
24 July 2024, 15:56 IST
RBI cancels licence of Tezpur-based Mahabhairab Coop Urban Bank
24 July 2024, 15:56 IST
RBI DG Rao flags risks of relying on single vendor for services
Rao said it is important for the regulated entities to look at their third-party engagements more diligently, and referred to the Microsoft outage specifically as being illustrative of the risks involved.
22 July 2024, 13:56 IST
RBI DG Rao flags risks of relying on single vendor for services
22 July 2024, 13:56 IST
Biggest India fund sees Budget arming RBI with liquidity tool
Radhakrishnan’s view goes against the majority. Most respondents in a Bloomberg survey, conducted ahead of the budget on July 23, don’t expect an announcement on MSS bonds in the Budget.
22 July 2024, 12:26 IST
Biggest India fund sees Budget arming RBI with liquidity tool
22 July 2024, 12:26 IST
RBI Governor flags concerns over decline in bank deposits
According to the governor, deposit mobilisation has been lagging credit growth for some time now, which may potentially expose the system to structural liquidity issues.
19 July 2024, 23:42 IST
RBI Governor flags concerns over decline in bank deposits
19 July 2024, 23:42 IST
Indian financial system remains largely unaffected from Microsoft outage
Overall, it said the Indian financial sector in the Reserve Bank's domain remains insulated from the global outage.
19 July 2024, 15:27 IST
Indian financial system remains largely unaffected from Microsoft outage
19 July 2024, 15:27 IST
Microsoft outage caused minor disruptions in 10 banks/NBFCs: RBI
A widespread Microsoft outage disrupted flights, banks, media outlets and companies around the world on Friday.
19 July 2024, 14:44 IST
Microsoft outage caused minor disruptions in 10 banks/NBFCs: RBI
19 July 2024, 14:44 IST
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