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RBI aks banks to strengthen governance

RBI governor Shaktikanta Das asked banks to further strengthen the governance standards, risk management practices and compliance culture. As part

The Reserve Bank cancelled the licence of The City Co-operative Bank, Maharashtra for lacking adequate capital and earning prospects. The

The Reserve Bank has cancelled the licence of Purvanchal Co-operative Bank, Ghazipur, Uttar Pradesh as it does not have adequate

The Reserve Bank of India said it is imperative that banks have robust governance policies and processes commensurate with their

The Reserve Bank of India (RBI) Governor Shaktikanta Das, launched an online portal for regulatory applications and approvals, a mobile

RBI has imposed penalties of Rs 1.5 crore and Rs 9.4 lakh on Central Bank of India and Bangladesh’s Sonali

The bond market will be closely watching the RBI buyback of securities worth Rs. 60,000 crore on behalf of the

RBI has imposed penalties on ICICI Bank and Yes Bank of Rs 1 crore and Rs.91 lakh, respectively, for violation

The Reserve Bank of India (RBI) has proposed that banks and non-banking finance companies (NBFCS) should ensure that their loan

THE RESERVE Bank of India (RBI) has said small finance banks (SFBS) should have a minimum net worth of Rs