Reserve Bank of India

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.

RBI Eases Lending Requirements for Low-Cost Housing

By Editors | 13/10/2015

Announcement of reduction in minimum risk weights and an increase in the loan-to-value ratio is a bid to boost demand for low-cost housing.

RBI Orders Corrective Action on State-Run Bank

By Editors | 07/10/2015

Indian Overseas Bank is required to improve internal controls and deal with mounting non-performing assets.

India to Increase Foreign Investment Limit for Govt. Bonds

By Editors | 01/10/2015

The Reserve Bank of India will increase the foreign investment limit in central government securities to 5 percent of the outstanding stock by March 2018, including for foreign investors.

RBI Announces Measures to Hasten Bad Debt Restructuring

By Editors | 27/09/2015

SBI and ICICI bank get permanent seat at the joint lenders forum for distressed assets.