Industry’s share in bank credit shrinks to 23%: RBI
Bank loans to the services and agriculture sectors were the main drivers of the 20% credit growth in FY24, with
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Charging of interest rates: RBI detects overcharging by banks, asks them to refund borrowers
The Reserve Bank of India (RBI) has come across instances of lenders resorting to certain unfair practices in charging of
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RBI imposes Rs. 59.90 lakh fine on Nashik co-op bank
The Reserve Bank of India said it has imposed a penalty of Rs 59.90 lakh on Nashik-based Janalaxmi Cooperative Bank
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RBI keeps finger on pause button, eyes on inflation
The monetary policy committee of the Reserve Bank of India (RBI) continued its prolonged pause in the key repo rate
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RBI may issue guidance on SFB upgradation to universal banks
The Reserve Bank of India is expected to issue guidelines or a circular that could pave the way for small
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RBI imposes penalty on IDFC First Bank, LIC HFC
Reserve Bank of India has imposed monetary penalty of Rs 1 crore on private sector lender IDFC First Bank for
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RBI to roll out cash deposit facility via UPI
The Reserve Bank of India (RBI) has proposed allowing cash deposit facility at Cash Deposit Machines (CDMs) through UPI, which
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RBI waives Rs. 14L loan taken in techie’s name by cybercrooks
The RBI has directed a private bank to waive the repayment of a Rs 14-lakh loan that cybercrooks took in
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RBI reverts to multiple price auctions
The Reserve Bank of India (RBI) will conduct auctions for all central government securities through multiple price-based method from this
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RBI to set up DIGITA to curb cyber fraud
As part of its efforts to curb growing cyber fraud, the Reserve Bank is considering establishing a Digital India Trust
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