RBI penalises IDFC First Bank, LIC Housing Finance for non-compliance
RBI has imposed a penalty of ₹1 crore on IDFC First Bank for non-compliance with certain directions on ‘Loans and Advances
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Tag: RBI
Room for deposit rate hikes given sustained credit-deposit gap, pressure on NIMs: RBI
Transmission of policy rate changes in still being seen in lending and deposit rates and banks are expected to hike
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RBI imposes penalty of Rs 1 crore on IDFC First Bank for violation of norms
Another five NBFCs have surrendered their CoR. These are — Growing Opportunity Finance (India), Invel Commercial, Mohan Finance, Saraswati Properties,
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RBI to roll out cash deposit facility through UPI
The Reserve Bank of India (RBI) has proposed allowing cash deposit facility at Cash Deposit Machines (CDMs) through UPI, which is
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RBI to allow UPI payments from PPI wallets via third-party apps; may benefit Paytm
Reserve Bank of India has proposed to permit the linking of Prepaid Payment Instruments (PPIs) through third-party UPI applications, thus
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FPIs in a spot over RBI currency derivatives diktat
Foreign portfolio investors (FPIs) are in a bind over the new currency derivatives diktat from the Reserve Bank of India
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RBI starts FY25 with four VRRR auctions
The Reserve Bank of India (RBI) has kicked off liquidity management operations in the new financial year by conducting four
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Indices start new fiscal on winning note, hit fresh highs
Indian equities started the new financial year on a strong note, hitting fresh highs, amid positive global cues. The Sensex
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RBI imposes ₹74 crore fine on 64 lenders amid heightened supervision in FY24
With economic conditions largely stable and banks sitting on strong balance sheets, Reserve Bank of India seems to have used
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Bank of India raises lending rate by 10 basis points
State-owned Bank of India (BoI) has announced a hike in lending rate by 10 basis points, a move which will
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