RBI asks banks to go easy on small borrowersRBI tell banks to take recourse to the loan restructuring route.
- RBI to review roadmap for liberalisation of foreign banks
RBI would undertake a "wholesome review regarding the road map" to liberalise norms for foreign banks in the country, its Deputy Governor V...
- RBI may come out with revised guidelines on derivatives soon
With the Reserve Bank having commenced its yearly inspection of the accounts of banks, bankers expect the banking regulator to issue fresh ...
- RBI wants deposit taking limited to banks
The Reserve Bank of India (RBI) is considering a move to restrict deposit-taking activities only to commercial banks and encouraging non-ba...
- RBI wants electronic mode for large-value payments
RBI plans to make it mandatory that all payments, above a certain cut-off, between two RBI-regulated entities be made electronically.
- UBS gets banking licence for India
Swiss banking giant UBS AG has received clearance from the Reserve Bank to set up a branch in India, ending its three-year long wait for th...
- RBI mulls regulations for credit card cos
Reserve Bank of India plans to chalk out regulations for companies engaged in the credit card business and proposes to make it mandatory fo...
- PSBs to hold at least 51% in clearing arm
Public sector banks (PSBs) would hold at least 51 per cent in the proposed clearing corporation to be set up once regulations were framed b...
- 'No impact of subprime crisis in India'
Indian banks have not been impacted by the subprime crisis, according to RBI deputy governor V Leeladhar.
- Basel norms for banks may not be delayed
Banking regulator the Reserve Bank of India (RBI) said it was not considering to extend the deadline for banks to implement the new Basel n...
- Central board of RBI directors meet
RBI's Central Board of Directors meet ahead of quarterly credit policy review on July 31.
- Now, RBI to take up financial literacy programme
The Reserve Bank will take up 'financial literacy' programme to educate youngsters about basic banking transactions in a big way, RBI Deput...
- Dy Guv for more use of RTGS platform
Call it the lack of initiative or sheer bureaucracy plaguing public sector banks. Despite having invested over Rs 100 crore, RBI on Wednesd...
- 'Foreign banks may open more branches'
India proposes to exceed its WTO commitment on allowing foreign banks to open branches in the country.
- Beyond WTO norms for foren bank branch
India proposes to exceed its WTO commitment on allowing foreign banks to open branches in the country.
- Rural banking can club services with SIM cards
Wider use of information and communications technology (ICT) is necessary for the financial inclusion of rural India. One suggestion, from ...
- Consolidation key to banks’ growth: RBI
Indian banks need to re-orient their internal processes and procedures to bring the country’s secondary towns and cities under the purview ...