Give borrowers option to prepay : RBI
RBI is worried about the long extension of home loan tenures. Deputy governor M Rajeshwar Rao said that the regulator
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Reserve Bank Corner
RBI fines 4 PSUs for late reporting
The Reserve Bank of India (RBI) has imposed late submission fees (LSF) of Rs. 2,000 crore on ONGC Videsh Ltd
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RBI proposes conversational payments on UPI
RBI has proposed to launch “conversational payments” on UPI so that users can engage in conversation with an AI-powered system
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SBI, ICICI, HDFC Bank remain systemically important banks: RBI
The Reserve Bank of India (RBI) said State Bank of India, ICICI Bank and HDFC Bank continue to remain Domestic
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Reserve Bank floats paper on credit-loss provisions
The Reserve Bank of India (RBI) is working on a set of guidelines for expected credit-loss provisions for banks to
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eRupee can’t be turned into cash directly, for now
The central bank digital currency (CBDC), or the eRupee, cannot be converted currently into cash and vice versa. The RBIwill
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Material drop in NPAs of the banking system: RBI
The Reserve Bank of India has told the Supreme Court that its “resolute efforts have resulted in material decline in
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Cash circulation up 83% since Nov 4, 2016, RBI data shows
Demonetisation of the high value currency notes of Rs 500 and Rs 1,000 did not have any discernible impact on
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RBI extends deadline to renew agreement for safe deposit lockers
The Reserve Bank of India extended the deadline for banks to complete the process of renewal of agreements for the
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RBI fiat to SBM Bank on remittance scheme
The Reserve Bank of India ordered SBM Bank (India) Ltd to stop all transactions under the liberalised remittance scheme until
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