RBI imposes penalty on Ebix Payment Services, 2 others over non-complianceThe Reserve Bank of India has taken action against Ebix Payment Services, Dr Babasaheb Ambedkar Nagari Sahakari Bank, and Hardoi Jilla Sahk...
23 Apr, 2026, 10.10 PM IST
India to introduce risk-based deposit insurance premiums for banks from April 1Banks in India will soon pay deposit insurance based on their risk profile. The Reserve Bank of India is introducing a new system from Apri...
06 Feb, 2026, 08.44 PM IST
RBI plans new eligibility norms for urban co-op bank licencesThe Reserve Bank of India is considering new rules for urban cooperative bank licenses. Credit societies meeting strict financial and opera...
14 Jan, 2026, 05.58 AM IST
New India Cooperative Bank collapse and its ripple effect on UCBs across IndiaThe Urban Cooperative Banks (UCBs) sector is under scrutiny following regulatory actions, with 1,472 banks and significant deposits and adv...
19 Feb, 2025, 12.31 AM IST
RBI issues prompt corrective action framework for UCBsThe RBI introduced a prompt corrective action framework for urban cooperative banks to allow timely supervisory intervention. Effective fro...
26 Jul, 2024, 06.19 PM IST
Corporate governance root of supervisory concerns: RBI deputy governor MK JainJain who is incharge of the supervision, financial inclusion and consumer protection departments among others at the RBI said corporate gov...
15 Jun, 2023, 10.47 PM IST
RBI spells out rules for a bank to exit prompt corrective action frameworkA bank is generally placed under the framework based on the audited annual financial results. However this does not bar RBI from imposing r...
02 Nov, 2021, 08.15 PM IST
RBI imposes Rs 30 lakh penalty on Janata Sahakari Bank, PuneThe statutory inspection of the bank with reference to its financial position as on March 31, 2019, the Inspection Report pertaining theret...
11 Oct, 2021, 07.22 PM IST
RBI imposes Rs 27.5 lakh penalty on Dhanlaxmi Bank, Rs 20 lakh on a co-op bankIn a statement, the RBI said the inspection report of the bank based on its financial position as on March 31, 2019 revealed non-adherence/...
23 Aug, 2021, 08.59 PM IST
Existing investment advisers need to obtain BASL membership by Aug 31BASL, a wholly-owned subsidiary of BSE, has been granted recognition as Investment Adviser Administration and Supervisory Body (IAASB) for ...
22 Jun, 2021, 02.22 PM IST
RBI revises supervisory framework for UCBs to expedite resolution of UCBs in financial stressRBI added that it will continue to monitor asset quality, profitability and capital/net worth of UCBs.
07 Jan, 2020, 11.01 AM IST
RBI bars SR Batliboi from audit of commercial banks for a yearRBI said the action was initiated on account of the lapses identified in a statutory audit.
03 Jun, 2019, 07.50 PM IST
Corrective action for rural banks on cardsRRBs will have to slow down business if their capital adequacy falls below 9%, net non-performing assets ratio rises over 10% of total adva...
11 Apr, 2018, 09.58 AM IST
Regional rural banks come under prompt corrective action plansNABARD has directed the RRBs to initiate self-corrective action based on parameters such as capital adequacy, asset quality and profitabili...
10 Apr, 2018, 04.50 PM IST
No question of closing down any Public Sector Bank, say government & RBIRBI said it has come across some "misinformed communication" circulating in some section of media about closure of some public sector banks...
22 Dec, 2017, 11.30 PM IST
A timeline of the new norms that are to be announced soon by RBIA draft circular on large borrowers meeting a part of their funding requirements from markets will be issued for public comments in June 20...
05 Apr, 2016, 01.16 PM IST
- RBI to closely monitor overseas operations of Indian banks
Taking cue from the ongoing financial turmoil, the RBI has decided to strengthen the regulatory framework and monitor the overseas operatio...
24 Oct, 2008, 04.19 PM IST