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RBI CLARIFICATION
Karnataka: Congress moves with caution as ECI prepares to launch month-long SIR on TuesdayKarnataka's ruling Congress party is approaching the Election Commission's house-to-house voter revision exercise with caution, suspecting ...- RBI eases forex exposure rules, giving banks more room to tradeThe Reserve Bank of India has updated foreign exchange exposure rules for banks. These changes simplify calculations by merging onshore and...
- Banks can offer loans for FCNR (B), rebook deposits, RBI clarifiesIndian banks can now lend against FCNR(B) deposits, with the RBI offering forex swaps only on the principal amount. This move aims to attra...
- RBI clarifies FCNR(B) loan, SBLC eligibility under swap schemeIndian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new RBI swap facilit...
- HDFC Bank shares in focus as RBI approves 3-month extension for Keki Mistry as interim chairmanHDFC Bank's interim chairman, Keki Mistry, has received a three-month extension from the RBI until September 18, 2026, easing concerns abou...
- Banks seek RBI nod on Guarantee Rule to boost NRI deposit inflowsBanks are urging the RBI to clarify regulations for the new FCNR deposit scheme, aiming to attract diaspora funds. They seek a tweak in wor...
- Is RBI replacing paper currency with plastic notes from June 30, 2026? Check detailsViral social media claims about the Reserve Bank of India replacing paper currency with plastic notes by June 30, 2026, are false. The Pres...
- Banks likely to go all out to attract diaspora investmentRBI's decision to bear the hedging cost on FCNR-B deposits and exempt banks from maintaining the cash reserve ratio and statutory liquidity...
- Anxious with news of RBI selling gold? Here's the fact and what should you doIndia's gold reserve: Reports of the Reserve Bank of India selling gold have been debunked by the central bank and the PIB Fact Check team....
- RBI denies report of $12 billion gold sale, says holdings unchangedThe Reserve Bank of India has refuted claims of selling gold reserves. Reports suggested a sale of approximately $12 billion in gold. The R...
- HDFC Bank shares drop 25% in 2026. Buying opportunity or falling knife?HDFC Bank shares have plummeted over 25% this year, driven by governance concerns following the former chairman's resignation and an intern...
- Is government planning to issue gold bonds to temples in exchange for gold reserves? Check hereThe Indian government has officially denied circulating rumors about plans to issue gold bonds to temples or to monetize temple gold holdin...
- RBI should reject Tata Sons application to deregister as a CIC: InGovern ResearchCorporate governance firm InGovern Research Services urged the RBI to reject Tata Sons' application to deregister as a Systemically Importa...
- SFIO widens probe into IndusInd Bank; summons audit firms over ₹2,000 crore derivatives irregularitiesThe Serious Fraud Investigation Office is investigating IndusInd Bank's derivatives portfolio. Major audit firms associated with the bank o...
- RBI allows NDF contracts to clients, rebooking of related party tradesThe Reserve Bank of India has made a pivotal move by retracting its earlier April 1 directive, which had restricted banks from offering non...
- RBI caps loans for purchase of shares, securities at Rs 1 croreThe Reserve Bank of India has capped loans for share purchases at ₹1 crore per borrower across the banking system, with IPO and ESOP fundin...
- Guidelines on auditors to help streamline appointments: RBI“These guidelines will also help in streamlining the procedure for appointment of statutory auditors across all the regulated entities and ...
- Reserve bank of India to clarify on licensing norms for small and finance banksThe RBI has been receiving queries from intending applicants seeking clarifications on these guidelines, it said in a notification.
- RBI clarifications on new bank licences shortlyThe RBI will shortly come out with its clarifications on issuing licences for more private sector banks, the Finance Ministry said on tuesd...
- Over 100 aspirants line up for banking licence, seek clarityRBI has been flooded with requests for interpretation of its rules for grant of new banking licences and for clarifications on the 'ambigui...
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