RBI Fines ICICI, Axis, 3 Other Key Banks Over Lack Of Regulatory Compliances

Quick Take Summary is AI generated, newsroom reviewed. The Reserve Bank has fined five banks, including…

RBI Imposes Rs 75 Lakh Penalty On HDFC Bank For Breach Of Norms

Mumbai: The Reserve Bank of India (RBI) has imposed a penalty of Rs 75 lakh on…

RBI On IndusInd Bank’s Rs 2,100 Crore Accounting Lapse

Mumbai: The Reserve Bank of India (RBI) assured IndusInd Bank depositors of its financial stability following…

India’s Economic Growth Poised To Rebound: RBI

New Delhi: India’s economic growth is poised to rebound as domestic demand regains strength, though the…

To Curb Fraud, Banks May Soon Call You From Numbers Starting With These Digits

New Delhi: The RBI on Friday asked banks to use only the ‘1600xx’ phone numbering series…

Rupee May Dip To All-Time Low On Fed Outlook-Spurred Dollar Rally

Mumbai: The Indian rupee may slip to a lifetime low at open on Friday after the…

Are Banks Closed On January 1, 2025? Here’s Where And Which Regional Offices Are Affected

As the new year begins, many may wonder about the banking schedule for the first day…

Mumbai Book Shop Staff Recalls Manmohan Singh’s Visits As RBI Chief

Mumbai: Once or twice a month, the then Governor of the Reserve Bank of India would…

Banking Frauds Rise In H1FY25, Amount Involved Jumps 8-Time: RBI Report

Mumbai: The number of bank frauds witnessed a significant on-year increase in the first half of…

Revenue Secretary Sanjay Malhotra Appointed New RBI Governor

Sanjay Malhotra has been appointed RBI Governor for three years New Delhi: Revenue Secretary Sanjay Malhotra…