To safeguard the financial system from any possible crisis situation where large financial institutions faltered due to loss of confidence in the financial system, the Reserve Bank of...
Investment Information and Credit Rating Agency (ICRA) warned the banking industry that it may suffer more shocks due to the pile up of its’ gross bad assets which...
The Reserve Bank of India (RBI) relaxed External Commercial Borrowing (ECB) norms for companies raising foreign funds for infrastructure projects. As per the relaxation given by the central...
RBI has decided allow banks decide on the periodicity of interest payment on rupee savings and term deposits keeping in view that the banks are functioning on core...
As per the Reserve Bank of India, the incremental bank loans to medium service enterprises (as defined in the Micro, Small and Medium Enterprises Development Act, 2006) provided...
As per a notification by the Reserve Bank of India (RBI), the conversion of existing foreign bank branches into Wholly-owned Subsidiaries (WoS) in India will not be liable...
RBI has decided to consider a case-to-case basis relaxation of the 50% group limit norm for NBFCs (Non-Banking Finance Companies) in the equity of insurance joint venture (JV)....
As per a notification by the Reserve Bank of India (RBI), banks have been directed charge customers for transaction SMS alerts on the basis of usage, instead of imposing...
As per a notification released by the Reserve Bank of India, the definition of infrastructure lending has been extended to include hotels with project costing more than Rs. 200 crore...
