Search For "rbi"
RBI proposes revised regulatory framework for NBFCs
Updated : 1 day, 8 hours ago IST
Mumbai (Maharashtra) [India], January 22 (ANI): The Reserve Bank of India (RBI) on Friday proposed tighter regulations for large non-banking finance companies (NBFCs) and creation of a multi-layer model in the fast-growing industry.
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NBFCs, fintech companies urge FM Sitharaman to enhance lending fac
Updated : 4 days, 10 hours ago IST
New Delhi [India], January 19 (ANI): Non-banking finance companies (NBFCs) and fintech players have urged Finance Minister Nirmala Sitharaman to enhance the lending facilities by three to four years which were announced and extended by the Reserve Bank of India (RBI) during Covid-19 lockdown
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Delhi HC directs PMC Bank to consider afresh applications of depos
Updated : 5 days, 11 hours ago IST
New Delhi [India], January 18 (ANI): The Delhi High Court on Monday directed the administrators of Punjab and Maharashtra Co-operation (PMC) Bank to decide afresh about the applications of depositors seeking money for the medical and educational emergencies.
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Petitions in SC seeking direction for contempt of court proceeding
Updated : 1 week ago IST
New Delhi [India], January 16 (ANI): A number of petitions had been filed before the Supreme Court seeking its direction for initiation of contempt of court proceedings and punishing Reserve Bank of India Governor Shaktikanta Das, and others for allegedly and willfully violating the apex cou
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RBI open to examine proposal on bad banks: Shaktikanta Das
Updated : 1 week ago IST
New Delhi [India], January 16 (ANI): If there is any proposal of bad banks, the Reserve Bank of India (RBI) will examine the proposal, RBI Governor Shaktikanta Das during 39th Palkhiwala Memorial lecture on Saturday.
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Kirit Somaiya wrote to ED, RBI to check Anand Adsul's role in PMC
Updated : 1 week ago IST
New Delhi [India], January 16 (ANI): Bharatiya Janata Party (BJP) leader Kirit Somaiya on Friday informed that he has written a letter to the Enforcement Directorate (ED) and Reserve Bank of India (RBI) to check the role of Anand Adsul and his family in Punjab and Maharashtra Cooperative (PM
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RBI sets up Working Group to study all aspects of digital lending
Updated : 1 week, 3 days ago IST
New Delhi [India], January 13 (ANI): Reserve Bank of India (RBI) has set up a Working Group to study all aspects of digital lending activities in the regulated financial sector as well as by unregulated players so that an appropriate regulatory approach can be put in place.
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Equity indices subdued, banking stocks dip
Updated : 1 week, 4 days ago IST
Mumbai (Maharashtra) [India], January 12 (ANI): Equity benchmark indices were subdued during early hours on Tuesday due to drag in banking stocks after the Reserve Bank of India (RBI) said gross non-performing assets of the lenders may increase from 7.5 per cent in September 2020 to 14.8 per
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RBI says GNPAs may shoot up to 14.8 per cent by Sept under severe
Updated : 1 week, 5 days ago IST
Mumbai (Maharashtra) [India], January 11 (ANI): The Reserve Bank of India (RBI) on Monday informed that Indian banks' total gross non-performing assets (GNPAs) may rise to 14.8 per cent under a severe stress scenario by September 2021 compared with 7.5 per cent in the year-ago period.
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BoI reports divergence of Rs 63 crore in gross NPAs
Updated : 2 weeks, 1 day ago IST
Mumbai (Maharashtra) [India], January 8 (ANI): Government-owned Bank of India said on Friday that divergence in gross non-performing assets (GNPAs) as of March 2020 was at Rs 63 crore.
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Fadnavis submits memorandum to RBI Governor, requests easing of no
Updated : 2 weeks, 1 day ago IST
Mumbai (Maharashtra) [India], January 8 (ANI): Leader of Opposition in Maharashtra Assembly Devendra Fadnavis submitted a memorandum to Reserve bank of India Governor Shaktikanta Das, requesting easing of norms for funding under the Self-Redevelopment Scheme.
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Banking on Non-Smart or Feature Phones Now an Achievable Dream Pos
Updated : 2 weeks, 3 days ago IST
Noida (Uttar Pradesh)[India], January 6 (ANI/BusinessWire India): The Reserve Bank of India in its recent announcement has confirmed the commencement of testing under the first cohort of Regulatory Sandbox on Retail Payments by Eroute Technologies. Digital payments, which were believed to be
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