RBI cancels Paytm bank license, to approach high courtThe Reserve Bank of India has taken decisive action against Paytm Payments Bank by cancelling its banking licence. This means that the bank...
25 Apr, 2026, 12.41 AM IST
NHB flags ₹933 cr additional bad loans in PNB Housing booksPNB Housing Finance has been directed by the National Housing Bank to disclose an additional ₹933 crore in bad loans for March 2023. This d...
03 Apr, 2026, 12.42 AM IST
RBI imposes monetary penalty on HDFC Bank for lapses in KYC, interest rate and outsourcing complianceThe Reserve Bank of India has levied a Rs 91 lakh penalty on HDFC Bank for violating banking regulations. The violations include using mult...
28 Nov, 2025, 05.15 PM IST
Sebi permits use of mutual funds for IAs, RAs deposit complianceSebi has allowed investment advisers and research analysts to use liquid mutual funds and overnight mutual funds for meeting their mandator...
13 Aug, 2025, 08.52 PM IST
Turnaround in the Indian banking system cornerstone of India’s success, says RBI GovernorThe Indian banking and financial sector has seen a significant turnaround since the Covid pandemic, contributing to the country's economic ...
11 Jan, 2024, 09.28 PM IST
RBI to extend PCA supervisory norms to govt-owned NBFCs from Oct 2024The Reserve Bank of India (RBI) has announced that government-owned non-banking financial companies (NBFCs) will be subject to the strict s...
10 Oct, 2023, 10.42 PM IST
Taiwan financial regulator says will oversee cryptocurrenciesHuang Tien-mu told lawmakers in parliament that the Financial Supervisory Commission will initially be responsible for the supervision of p...
20 Mar, 2023, 10.13 AM IST
RBI cancels registration certificate of P C Financial Services operating 'Cashbean' app"The CoR of the company has been cancelled on account of supervisory concerns such as gross violations of RBI directions on outsourcing and...
24 Feb, 2022, 06.57 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
RBI bars Mastercard from onboarding new customers in IndiaThe central bank’s supervisory action on Mastercard is citing its non-compliance with data localisation mandate wherein all foreign payment...
15 Jul, 2021, 06.23 AM IST
RBI working on measures to further beef up cyber security in FY19The central bank's agenda for 2018-19 include, enhanced level of protection against cyber risks to ensure continuous protection against the...
03 Sep, 2018, 02.40 PM IST
RBI slaps Rs 5 crore penalty on Airtel Payments Bank for violation of normsThe fine was imposed after RBI scrutinised the bank's documents relating to opening of accounts without any specific or clear consent from ...
09 Mar, 2018, 06.49 PM IST
More dynamic supervision needed for banks: Niti AayogThe remarks were made by Niti Aayog vice-chairman Rajiv Kumar, who, however, did not make any explicit reference to the PNB scam while spea...
07 Mar, 2018, 08.31 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
Taking steps to firm up manufacturing processes: Wockhardt"Evidently, it is a case of oversight and deviation from set processes at an operative and supervisory level at the facility in question,"
22 Sep, 2013, 11.30 AM IST
- RBI sets up supervisory bodies for SBI and ICICI Bank
The Reserve Bank set up two supervisory bodies for SBI and ICICI Bank to ensure compliance of global prudential norms and reduce supervisor...
04 Dec, 2012, 10.03 PM IST
- Will Basel norms make financial system safer?
All commercial banks in India will have to adopt international capital adequacy norms from March next year, the RBI has said in its Annual ...
11 Sep, 2006, 02.43 AM IST