The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 10 crore on HDFC Bank Limited for violation of certain rules, the central bank said on May…
From December 1, many rules ranging from LPG Cylinder prices to new timings for Real Time Gross Settlement System (RTGS), insurance premiums, new trains and ATM cash withdrawal — things…
The Indian economy likely entered into a technical recession for the first time in history at the end of the first half of 2020-21, according to the Reserve Bank of…
The Reserve Bank of India (RBI) filed a fresh affidavit in the loan moratorium case and told the Supreme Court that it cannot give more time as relief for sectors hit…
The EMIs on home and auto loans are unlikely to come down in the near term as the Reserve Bank of India on Friday kept the key policy rates unchanged…
n an apparent attempt to make digital payments using debit cards and credit cards more secure, several new guidelines have been issued by Reserve Bank of India (RBI) that will…
Announcing the bi-monthly Monetary Policy on August 6, the Reserve Bank of India noted that the disruptions caused by COVID-19 have led to increased financial stress for borrowers across the…
A survey released by the Reserve Bank of India (RBI) has showed that consumer confidence has collapsed to historic low amid the coronavirus pandemic. “Consumer confidence collapsed in May 2020,…
The Reserve Bank of India (RBI) on Friday slashed interest rates, extended moratorium on loan repayments and allowed banks to lend more to corporates in an effort to support the…