
Paving the way for takeover of PMC, the RBI had earlier in the month granted in-principle approval to Centrum Financial to set up a small finance bank

The moderation was driven by a significant weakening in the flow of household financial assets, the Reserve Bank of India said

RBI Governor Shaktikanta Das has pitched for policy support from all sides -- fiscal, monetary and sectoral -- to nurture recovery of the economy

HDFC Bank said it is also creating a new tech architecture for the future as part of the "digital factory" and "enterprise factory" initiatives

Industry chamber FICCI said the central bank's consistency and approach towards managing the current challenges both economic and those on health fron

The RBI has kept repo rate, the rate of interest at which commercial banks borrow money from the central bank, at 4% for the last five bi-monthly meet

The six-member MPC is expected to keep the benchmark repo rate unchanged at 4%

Many lending institutions have got board approval for the resolution framework and eligible borrowers are being contacted

RBI's new norms for auditors will help enhance the overall audit quality as well as transparency, apart from adding to the value to the businesses rat

The penalty has been slapped after examining a complaint by a whistleblower regarding irregularities in the auto loan portfolio of the lender