RESERVE BANK OF INDIA

    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.

    India Relaxes Equity Investment Norms for Banks

    By Editors | 20/09/2015

    Lenders will no longer need prior approval to make equity investments if they have a capital risk-weighted asset ratio exceeding 10 percent and have made a profit in the previous financial year.

    RBI to Cap Members in Lending Consortium

    By Editors | 19/09/2015

    The Reserve Bank of India is planning to restrict the numbers of members in the Joint Lenders’ Forum in a bid to ease the difficulties banks often face in resolving distressed assets.

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