Tag: Reserve Bank of India

RBI cancels license of UP-based Urban Co-op Bank, Sitapur

The Reserve Bank of India (RBI) has cancelled the licence of Urban Co-operative Bank (UCB), Sitapur, Uttar Pradesh. RBI said

After dipping slightly in September, credit card spending surged over 25 per cent in October on the back of festival

IndusInd Bank on Friday announced that it has collaborated with Indraprastha Gas Ltd (IGL) to facilitate the acceptance of the

The recent mandate to increase risk weights for unsecured consumer loans by banks and NBFCs is a precautionary measure taken

The Reserve Bank of India has granted its approval to Hinduja Group’s resolution plan for Reliance Capital (RCap), paving the

The Reserve Bank of India’s recent measures to tighten norms for unsecured retail loans will help strengthen underwriting norms through higher

S Venkitaramanan, former Governor of RBI, passed away after a brief illness this morning. He was 92 and is survived

Bajaj Finance on Friday informed the exchanges that it has temporarily suspended the issuance of Existing Member Identification cards

Bajaj Finance expects the ban by RBI on lending via two digital products to be lifted within the next 45-90

The Reserve Bank of India (RBI)’s 14-day variable rate reverse repo (VRRR) auction met with a muted response although it