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P. R. Seshadri appointed new MD & CEO of South Indian Bank

The Reserve Bank of India has approved the appointment of P. R. Seshadri as the Managing Director and CEO of

The Reserve Bank of India (RBI) has withdrawn the requirement of a sponsor of IDF-NBFCs as a part of its

Amid rising sovereign debt coupled with diversification of the investor base for government securities (G-Secs), the share of non-banks’ ownership of

Card issuers have approached the RBI seeking relaxation for certain products from the revised guidelines on card network portability, due

The Reserve Bank of India on Thursday launched a centralised Web portal, UDGAM (Unclaimed Deposits Gateway to Access Information), for members of the

BI keeps repo rate unchanged at 6.5%. Besides the repo rate, RBI Governor has made a slew of announcements related

The interest income hit due to the additional cash reserve ratio (CRR) requirement appears negligible for the system, according to an

The Reserve Bank of India (RBI) has asked banks to maintain an incremental Cash Reserve Ratio (ICRR) of 10 per

The Reserve Bank of India on Monday said the pilot project for public tech platform for frictionless credit will commence on August 17.

The rupee depreciated 25 paise to 83.07 against the US dollar in early trade on Monday as a negative trend