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RBI Enforces New Rules: Banks to Pay ₹100 Per Day if Complaints Remain Unresolved Beyond 30 Days
To strengthen consumer rights, the Reserve Bank of India (RBI) has introduced stringent measures against delays in addressing customer complaints. Banks and financial institutions failing to resolve ...
'RBI Seems Especially Soft On Axis Bank': Senior Business Journalist Sucheta Dalal Accuses Central Bank Of Not Doing Its Job
The RBI, or the Reserve Bank of India, is at the centre of the monetary policies of the world's fifth-largest economy, that ...
Banks, dealers want RBI to act on the liquidity front
Banks and primary dealers urge the Reserve Bank of India (RBI) to inject liquidity through foreign exchange swaps or OMOs in ...
RBI emerges as the second-largest central bank gold buyer worldwide till November 2024: WGC
The fall in gold prices in November after Donald Trump won the US presidential elections offered an opportunity to some of ...
RBI Should Allow More Rupee Volatility, Ex-Central Banker Says
A former Reserve Bank of India official said the authority should ease its tight grip on the rupee, a view that comes amid ...
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HDFC Bank gets Reserve Bank of India nod for stake hike in three banks
The nod allows the group to hold up to 9.5% stakes in Kotak Mahindra Bank, AU Small Finance Bank, Capital Small Finance Bank.
Should the RBI loosen its grip? Former deputy governor advocates for more rupee flexibility
A former deputy governor of the Reserve Bank of India (RBI) has voiced his opinion that the central bank should ease its ...
Manappuram Finance shares surge after RBI lifts ban on unit
Shares of gold loan financier Manappuram Finance rose as much as 6% on Thursday, a day after the RBI removed restrictions ...
Manappuram Finance shares rally over 5% after RBI lifts restrictions on Asirvad Micro Finance
Morgan Stanley highlighted that the RBI has lifted restrictions on Asirvad Micro Finance with immediate effect. Morgan ...
RBI asks credit bureaus, banks to pay Rs 100 compensation per day for delay in data updation
Further, CIC should inform the customers by email or SMS when their credit information is sought by a bank or NBFC and banks ...
Manappuram Fin up 6% as RBI lifts restrictions on arm Asirvad Micro Finance
Reserve Bank of India (RBI) lifted restrictions on all four non-banking financial companies (NBFC) imposed in October for ...
Manappuram Finance soars after RBI lifts restriction imposed on microfinance arm
Manappuram Finance jumped 4.53% to Rs 188.20 after the Reserve Bank of India lifted the restrictions imposed on Asirvad Micro Finance with respect to sanction or disbursal of loans with immediate ...