RESERVE BANK OF INDIA

SEBI to Set Fund Commission Rules, Discussing Crowdfunding

By Samuel Riding | 08/12/2015

Indian market regulator frustrated by mutual fund association delays; expects to introduce crowdfunding proposals next month.

Indian Banks Challenge Base Rate Proposals

By Samuel Riding | 07/12/2015

State Bank says lenders want rule linking base rates to marginal cost of funds to be reconsidered.

India Probes HSBC Accounts Over Money Laundering Concerns

By Samuel Riding | 24/11/2015

Indian central bank conducted investigation into books of accounts between March and April 2015.

RBI Introduces 5% Rule on Bank Stakes

By Samuel Riding | 19/11/2015

Investors seeking stakes of more than 5 percent in private lenders will require central bank approval.

India to Issue Guidelines on Cross-currency Trading

By Samuel Riding | 17/11/2015

Regulators also propose to extend exchange hours beyond 5pm to allow domestic markets to benefit during peak global trading.

Dhanlaxmi Bank Fined for KYC Violations

By Samuel Riding | 06/11/2015

RBI sanction comes after warning notice and arrest of former Dhanlaxmi officials.

RBI Considering Inter-regulatory Provisions in Bank of Baroda Case

By Samuel Riding | 29/10/2015

Reserve Bank of India began investigation on 12 October into remittances for allegedly non-existent imports.

Reserve Bank of India Plans IT Unit to Check Cyber Threat

By Editors | 26/10/2015

Governor Raghuram Rajan expects subsidiary to take shape in the next six to eight months.

RBI Urges Payments Banks to Share Infrastructure

By Editors | 22/10/2015

The Reserve Bank of India has suggested for newly-licensed payments banks to share infrastructure among each other in a bid to minimise costs and enable greater financial inclusion.