Highest FD rates: The Reserve Bank of India has kept the repo rate steady at 5.25%. Experts suggest fixed deposit rates may not increase im...

The Reserve Bank of India has kept its key policy rate unchanged. This decision reflects a cautious approach amid global economic uncertain...

Retaining repo rates in succession was a relief for many FD investors who have been depositing for low maturity amounts for some time after...

Rising inflation may not force the RBI to increase the repo rate this time around, but in later MPC meetings, the likelihood of higher repo...

The Reserve Bank of India's floating rate bond will continue to offer 8.05 percent interest. This comes as the Finance Ministry decided to ...

This move comes at a time when the bank is under scrutiny of the Reserve Bank of India for its fintech partnerships, some of which have bor...

The block was implemented from the midnight of March 31 following which customers have not been able to transact with these cards, these pe...

The banking regulator, on January 23, asked SBM Bank (India) to stop with immediate effect all transactions under the Liberalised Remittanc...

Last week, the RBI ordered SBM Bank to stop all transactions under the liberalised remittance scheme (LRS) - which allows Indian residents ...

Over half a dozen fintech companies and several offline players that had active partnerships with the bank have reportedly been impacted by...

People aware of the development said at least seven or eight fintechs have been impacted by RBI’s move to stop LRS transaction on SBM India...

After discovering "material supervisory concerns" in SBM Bank (India) Ltd, the Reserve Bank of India on Monday ordered SBM Bank to stop all...

In a short press release on its website the RBI said that the action against the bank “is based on certain material supervisory concerns ob...

A scrutiny was carried out by RBI to examine the implementation of SWIFT related operational controls in SBM Bank (Mauritius) at its Indian...

SBM Bank India plans to open six new branches to add to its four branches in India and start operations later this year.

SBM is awaiting final approval from the RBI and has laid out an ambitious plan for what will be the largest market for the govt-owned lende...

SBM has already registered a local subsidiary, called SBM (India) Ltd, which will manage the local branches in the country.