The official further said that the RBI only partially restored this classification to the extent of Rs. 20 lakh per borrower.
The RBI faces challenges providing liquidity amidst India's banking system issues, as traditional OMOs have limited impact due to regulatory and structural constraints. Reforms in CRR and LCR ...
The reserves have been falling ever since they touched an all-time high of USD 704.89 billion in September, and they are now ...
The banking system was thus already feeling the pinch of costly deposits for at least 15 months when the Trump-tariff threat ...
Raghuram Rajan highlights the importance of government investing in human capital to create jobs and boost consumption. He ...
RBI imposes monetary penalties on Canara Bank, Bank of India, and the J&K Bank for non-compliance with KYC norms, loans, and ...
RBI Deputy Governor T Rabi Sankar has called on the banks to step up collaboration with RBI to ensure the success of CBDCs ...
The Reserve Bank of India's Ombudsman managed to dispose of 95.1% of complaints in the fiscal year 2023-24. A total of 9,34,355 complaints were submitted, mainly through digital channels. Complaints ...
Foreign Businesses can foray into the Indian market without establishing a new and separate legal entity in India by just setting up a Branch Office, Liaison Office, or Project Office as per the ...
India's forex reserves decline to $623.983 billion, attributed to revaluation and market interventions by RBI.
Decline in reserves is likely due to RBI intervention, aimed at preventing sharp depreciation of the rupee, which is now at ...