have been caught on the wrong foot by the alleged embezzlement of funds at the New India Cooperative Bank and the resultant imposition of the Reserve Bank of India (RBI) curbs on withdrawal.
A lower risk weight will mean that lenders need to set aside less funds as a safety net for consumer loans, implying an increase in their lending capacity. Brokerage firms said that easing of norms is ...
The Reserve Bank of India was likely selling dollars on Tuesday to support the rupee, which was hit by weak global risk ...
For the year 2024, Poland has emerged as the largest net buyer, adding 90t of gold to its reserves, followed by Turkey (75t) and India (73t). On the other hand, the Reserve Bank of India (RBI ...
The Reserve Bank of India has updated and modified its rules and guidelines for urban cooperative banks (UCBs) from time to ...
The Reserve Bank of India (RBI) on Friday, February 14, superseded the board of Maharashtra-based New India Co-operative Bank for 12 months, one day after imposing several restrictions ...
The Reserve Bank of India has sought feedback on the use of such a tool to better align banks’ borrowing costs with the key policy rate by providing a more predictable flow of funds in the ...
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