RBI invites public comments on draft rules to standardise how lenders set interest ratesThe Reserve Bank of India has proposed new rules for loan interest rates. These directions aim to harmonize lending practices across variou...
12 Aug, 2026, 10.37 PM IST
Delhi State Cooperative Bank to venture into financing farmers, artisansInaugurating the programme, Nabin Kumar Roy, Chief General Manager, NABARD, highlighted the critical role of cooperative banks in financial...
10 Aug, 2026, 07.03 PM IST
RBI has proactively helped UCBs; cooperatives should look at regulator differently: Amit ShahUnion Minister Amit Shah encouraged urban cooperative banks to view the RBI's support positively. He highlighted the central bank's proacti...
08 Aug, 2026, 03.37 PM IST
Banks welcome RBI's steady rates, see boost to credit growthThe Reserve Bank of India kept its benchmark repo rate steady at 5.25 percent. It also raised its economic growth forecast and lowered infl...
06 Aug, 2026, 02.09 PM IST
RBI holds repo rate at 5.25%, raises FY27 growth forecast, cuts inflation outlookThe RBI kept the repo rate unchanged at 5.25% for the fourth straight policy review, retained its neutral stance, raised its FY27 growth fo...
06 Aug, 2026, 06.00 AM IST
Urban cooperative bank license applicants need a minimum Rs 300 crore of capital and Rs 10000 crore of deposits, says RBIThe Reserve Bank of India is resuming urban cooperative bank licenses after two decades. Eligible credit societies need a minimum capital o...
05 Aug, 2026, 07.45 PM IST
Lower real interest rates have not hurt deposit growth in India: SBI ResearchDeposit growth in India improved despite declining real interest rates, according to an SBI Ecowrap report. The report noted that deposit m...
05 Aug, 2026, 06.26 PM IST
RBI to resume urban cooperative banks' licensing after 22-year pause, review rural bank rulesThe Reserve Bank of India will resume urban cooperative bank licensing after a 22-year pause. A comprehensive review of credit monitoring f...
05 Aug, 2026, 12.44 PM IST
RBI to resume urban cooperative bank licensing process after two decadesThe Reserve Bank of India will resume issuing new licenses for urban cooperative banks. This process has been paused for over two decades d...
05 Aug, 2026, 11.38 AM IST
Banks mobilise $27.99 billion via FCNR deposits since RBI introduced USD-rupee forex swap facilityBanks have mobilized USD 27.99 billion from non-resident Indians through a forex swap facility. Domestic payment frauds across all banks am...
03 Aug, 2026, 06.23 PM IST
India, Bhutan sign two agreements on Line of Credit, health education cooperation: MEA on Misri's Bhutan visitIndia and Bhutan have signed two agreements during Foreign Secretary Vikram Misri's visit to Bhutan, including a Line of Credit agreement a...
31 Jul, 2026, 10.07 PM IST
India, Bhutan approve 12 new PTA projects worth Rs 332 crore, sign Rs 4,000 crore credit lineIndia and Bhutan reviewed development projects during high-level talks. A concessional line of credit worth Rs 4,000 crore was signed. Coop...
31 Jul, 2026, 10.40 AM IST
Will consult apartment owners before enacting Ownership Bill: Karnataka CM ShivakumarKarnataka Chief Minister D K Shivakumar assured apartment owners of a new law. This comprehensive legislation will protect their ownership ...
15 Jul, 2026, 01.28 PM IST
On This Day in History, July 4: Declaration of Independence proclaimed, Battle of Hattin, Statue of Liberty presented, Philippines gains independence, Higgs boson discovery and moreOn This Day in History, July 4, the United States proclaimed the Declaration of Independence, while other landmark events included the Batt...
03 Jul, 2026, 10.24 PM IST
Bad loans may edge up to 1.9% by FY28 despite resilient banks: RBIIndian banks are projected to see a slight increase in bad loans to 1.9% by March 2028, yet the system remains robust with strong capital a...
30 Jun, 2026, 05.35 PM IST
Govt pledges extra Rs 30,000 crore for NIIF, move to spur infra investments, says finance ministryThe Indian government has boosted its commitment to the National Investment and Infrastructure Fund (NIIF) by an additional Rs 30,000 crore...
30 Jun, 2026, 11.27 AM IST
RBI expresses concern on elevated NPAs of urban cooperative banksThe Reserve Bank of India (RBI) expressed concern about high levels of gross non-performing assets (NPAs) in urban cooperative banks despit...
27 Dec, 2023, 08.44 PM IST