RBI

RBI to issue small finance bank licences next month

20 Aug 2015

Unlike payments banks, small finance banks can provide basic banking services like accepting deposits and lending to the unbanked sections such as small farmers, micro businesses and unorganised sector enterprises

RBI allows India Post, 10 other entities to set up payments banks

19 Aug 2015

Energy-to-telecoms conglomerate Reliance Industries, Bharti Airtel, Vodafone and a joint venture of Aditya Birla Nuvo and Idea Cellular are also among successful applicants

Banks must ensure MSME financing, says RBI deputy governor

08 Aug 2015

Banks free to shift, merge or shut non-rural branches: RBI

07 Aug 2015

RBI holds rates as food prices surge

04 Aug 2015

Reserve Bank today decided to keep the policy repo rate at which it lends to banks and the cash reserve ratio (CRR) of scheduled banks unchanged at 7.25 per cent and 4.0 per cent, respectively

Revised financial sector code aims to clip RBI’s wings

24 Jul 2015

As per the revised financial code, the seven-member Monetary Policy Committee, with just three representatives from the RBI will decide on the monetary policy and the RBI governor will have no veto power – only a second casting vote

RBI signs special currency swap agreement with Central Bank of Sri Lanka

18 Jul 2015

RBI nudges banks to hike lending to distressed farmers

17 Jul 2015

RBI allows banks to factor in export receivables on non-recourse basis

17 Jul 2015

Corporate financial stress telling on bank asset quality: RBI

26 Jun 2015

RBI allows banks to borrow from global institutions sans nod

26 Jun 2015

RBI allows NRIs to subscribe to chit funds

12 Jun 2015

India secures top rating in all financial market norms

11 Jun 2015

In the latest global 'assessment study' of the regulatory framework for financial market infrastructures across the world, only six countries - India, Australia, Brazil, Hong Kong, Japan and Singapore - have got the highest score of '4' for all eight parameters on a scale of one to four

PSU banks need more than Rs7,940 cr for capitalisation: RBI

11 Jun 2015

RBI proposes ownership shift in debt restructuring

09 Jun 2015

Christened the 'Strategic debt conversion’, the new measure will automatically give lenders 51 per cent equity control in a company that fails to repay after a second restructuring of debt

RBI survey pegs current year economic growth at 7.8%

04 Jun 2015

Forecasters expect growth in gross value addition (GVA) at basic prices to improve gradually from 7.5 per cent in the first quarter of 2015-16 to 8.4 per cent in the corresponding quarter of 2016-17

SBI, Allahabad Bank cut base lending rates after RBI cuts repo rate

02 Jun 2015

Rajan relents, cuts repo rate by 0.25 percentage points

02 Jun 2015

The rate cut aims to correct the low domestic capacity utilisation, subdued investment and credit growth amidst low inflation and the willingness of banks to incorporate some of the past rate cuts into their lending rates

India needs to open up further for capital account convertibility

18 May 2015

Sound policies, robust regulatory framework promoting a strong and efficient financial sector, and effective systems and procedures for controlling capital flows greatly enhance the move toward convertibility, said RBI executive director G Padmanabhan

RBI clears decks for contactless payment system

15 May 2015

Jaitley drops plans to strip RBI of powers to regulate G-Secs, for now

30 Apr 2015

RBI imposes Rs4.5-cr penalty on three state-run banks for rules violations

30 Apr 2015

RBI directs banks to enforce 'mandatory leave' policy for staff

24 Apr 2015

Small farmers to benefit as RBI widens priority sector lending coverage

24 Apr 2015

While major foreign banks are already covered by the priority sector lending norms, smaller foreign banks too will have to meet the lending target over the next five years